Lead Time definition

Lead Time means the quoted timeframe calculated between the date of receipt of the PO by Supplier and the Delivery Date.
Lead Time means the time that Buyer and Supplier have agreed is the total time needed for Supplier to meet a Delivery Date for Goods following receipt of a requirement for such Goods, as measured based on the date of receipt of the relevant Goods at Buyer’s facility.
Lead Time means the period specified in the Spare Parts Catalog that represents the minimum time required between acceptance by IAE of an order by Spirit for Spare Parts and commencement of delivery of such Spare Parts.

Examples of Lead Time in a sentence

  • If any Long Lead Time Item is unused or expires as a result of the Customer not placing an Order that corresponds to its last Forecast that was given prior to the start of the applicable Lead Time and on the basis of which Mayne Pharma decided to purchase that Long Lead Time Item, then the Customer will reimburse the cost of that unused or expired Long Lead Time Item to Mayne Pharma in accordance with the payment terms set out in item 3 of Schedule 1.


More Definitions of Lead Time

Lead Time means the mutually agreed upon minimum amount of time in advance of shipment that Jabil must receive a Purchase Order in order to deliver Product by the requested delivery date.
Lead Time means the mutually agreed upon minimum amount of time in advance of shipment that Jabil must receive a Build Schedule in order to deliver Product by the requested delivery date.
Lead Time means the time between the date an Order is sent and the Delivery Date.
Lead Time means the maximum time within which Supplier agrees to deliver Goods after receipt of a delivery requirement for such Goods. Unless otherwise mutually agreed between Buyer and Supplier, Lead Times are measured based on the date of receipt of the relevant Goods at Buyer's facility.
Lead Time means, for each Product, the total lead time required for the Supplier to manufacture and supply the Product (including procurement of required raw materials, commodities and components), as indicated per Product in Schedule 1;
Lead Time means the elapsed time between customer notice and the commencement of maintenance activities.
Lead Time means the typical period of time between the date a Purchase Order for Product or Finished Device is received by Seller and the date the item can be available for shipment.