NCNR Inventory definition

NCNR Inventory means non-cancelable, non-returnable components.
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NCNR Inventory means all Inventory that is (i) on order and not cancelable, or (ii) in Manufacturer's possession and not returnable to the vendor/supplier or usable, within a reasonable time not to exceed three (3) months from purchase, for other accepted Purchase Orders or other buyers.
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NCNR Inventory means any Components for which the quantity of such Component that the Supplier is required to procure in any single order with the relevant third party vendor is greater than the quantity of such Component required to (i) fulfill any accepted Purchase Orders or Releases which requires such Component or (ii) any Forecast for a Product which requires such Component, as the case may be, which are cannot be cancelled and/or cannot be returned to the relevant third party vendors
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Examples of NCNR Inventory in a sentence

  • Notwithstanding the above, JDSU shall not be responsible for any costs, charges or liability Special Inventory (in the case of Long Lead Time Components) outside the documented Lead-Time, or unauthorized procurement of Long Lead Time Components, Economic Order Inventory, Minimum Order Inventory, or NCNR Inventory.

  • Each Product Schedule shall document any applicable Long Lead Time Components and/or NCNR Inventory.

  • Long Lead Time Components, Economic Order Inventory, Minimum Order Inventory, and NCNR Inventory are collectively designated herein as Special Inventory.

  • Customer agrees to purchase all NCNR Inventory including all Customized Inventory that is not incorporated into a Product after [***] months from the date such NCNR Inventory or Customized Inventory was received at the price actually paid by Supplier.

  • The Customer’s Credit Exposure is defined as the sum of all unpaid invoices, and the value of all NCNR Inventory on hand or on order by Flextronics.

  • As may become necessary or upon Customer’s request, Supplier shall provide to Customer a current list of NCNR Inventory or Customized Inventory.

  • Upon termination of this Agreement by Customer for convenience or for reasons attributable to Customer’s material breach of this Agreement, Customer shall receive, and pay for, any Product in process at the time of termination, as well as for all Components ordered in accordance to Purchase Orders and any Non-Returnable Inventory ordered in accordance with the Delivery Plan (at the price actually paid by Supplier for such NCNR Inventory).

  • NCNR Inventory" means all Inventory that is (i) on order and not cancelable, or (ii) in Manufacturer's possession and not returnable to the vendor/supplier or usable, within a reasonable time not to exceed three (3) months from purchase, for other accepted Purchase Orders or other buyers.

  • Lead Time Components, Economic Order Inventory, Minimum Order Inventory, and NCNR Inventory are collectively designated herein as Special Inventory.

  • The NCNR and long lead time parts inventory set forth in SCHEDULE I.H hereto ("NCNR Inventory").


More Definitions of NCNR Inventory

NCNR Inventory means (i) Inventory listed on the bills of materials that are to be procured from suppliers that will not accept returns or cancellations once such Inventory is ordered or (ii) Inventory that may not be returned because the right of return has expired.
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Related to NCNR Inventory

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrowers’ business.

  • Transferred Inventory has the meaning set forth in Section 2.2(a)(iii).

  • Obsolete Inventory means items that have expired, are redundant or damaged;

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.