Obsolete Inventory definition

Obsolete Inventory means items that have expired, are redundant or
Obsolete Inventory has the meaning set forth in Section 5.14(b).
Obsolete Inventory means any inventory on hand at the Closing that has not sold within the preceding twelve months from the Closing Date.

Examples of Obsolete Inventory in a sentence

  • Obsolete inventory is periodically retired and sold as surplus in accordance with Authority policy.

  • Obsolete inventory could have an adverse effect on Nintendo’s operations and financial position.

  • Program-Based Criterion: If the Applicant has a Household member currently enrolled in any of the qualifying assistance programs listed in Section 5.1.5 of this General Order, the Applicant should enroll under the Program-Based Criterion.

  • Obsolete inventory has been fully recognized as impairment losses.

  • Obsolete inventory items are written down to their estimated net realizable value.


More Definitions of Obsolete Inventory

Obsolete Inventory means items that have expired, are redundant or damaged; “Re-order level” means the level of inventory at which inventory is re-ordered; “Requisition form” means a written request to supply specified inventory;
Obsolete Inventory means either of any Product, partially completed Product, Inventory or Special Inventory, or some or all, that is any of the following: (a) removed from the xxxx of materials for a Product by an engineering change; (b) no longer on an active xxxx of materials for any of LumiraDx’s Products; or (c) on-hand with Flextronics but not required for consumption to satisfy the next [***] of demand for Products under the then-current purchase order(s) and Forecast.
Obsolete Inventory has the meaning set out in Article 13.4(d);
Obsolete Inventory means inventory that either (i) has no planned usage under the Long Term Powder Supply Agreement or (ii) is beyond its shelf life.
Obsolete Inventory means Inventory or Special Inventory that is any of the following: (a) removed from the xxxx of materials for a Product by an engineering change; (b) no longer on an active xxxx of material for any of Customer’s Products; or (c) on-hand Inventory and CDM - E - 20 - *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. FLEXTRONICS AND CUSTOMER CONFIDENTIAL Special Inventory that are not required for consumption to satisfy the next [***] of demand for Products under the then-current purchase order(s) and forecast. CDM - E - 21 - *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. FLEXTRONICS AND CUSTOMER CONFIDENTIAL Exhibit 2 Design Statement of Work (Sample)
Obsolete Inventory means (i) Raw Materials on hand that are no longer in the Product(s) xxxx of material, (ii) Product(s) that are no longer forecasted, or (iii) filters that are no longer used due to a mutually agreed manufacturing process change.
Obsolete Inventory shall have the meaning set forth in Section 5.19.