Obsolete Material means non-fungible Material to be used in the Work production of which is or will soon be discontinued.
Obsolete Material means Materials on hand and non-cancelable FIC order that can no longer be used on SSE's Product Unit(s) and are not returnable nor useable on FIC production for other customers.
Obsolete Material shall have the meaning set forth in Section 16.3.
Examples of Obsolete Material in a sentence
Subject to mutual agreement, JDSU will issue a purchase order for all Obsolete Material prior to the end of the quarter the material is declared obsolete.
Obsolete Material is defined as the mutually agreed upon components, materials, and supplies that shall no longer be utilized in the manufacture of Products.
E Obsolete Material This handbook obsoletes 15-PM.Table of Contents Page No.
Contractor will not use Obsolete Material without written approval of Buyer.
All suppliers can print correct labels by using the WEB SUPPLY application through the Autoliv Partner Portal.
More Definitions of Obsolete Material
Obsolete Material means Components that no longer appear on a xxxx of material or Component, WIP, or Products that has no demand or usage for at least [****] and which were ordered, purchased or manufactured based on a Forecast, MOQs or Purchase Orders or other written instruction by Company to Jabil.
Obsolete Material means non-cancelable or non-returnable (NCNR) materials that can no longer be used on SSI's Product and are not useable on SANMINA-SCI production for other customers.
Obsolete Material means Material, sub-assemblies or final Product(s) that do not have demand in the 12-month Forecasts. Excess Material shall be managed through an inventory deposit agreement as described in Exhibit 14, not to exceed the maximum warehouse space agreed by Parties. “Excess Material” means Material, work in progress (“WIP”) or Product(s) in Supplier’s inventory for more than [*****] and which were ordered, purchased or manufactured based on a Forecast or Purchase Orders or other written instruction by Customer to Supplier.
Obsolete Material means all material that has no forward forecast or material that is in excess of [...***...]
Obsolete Material means any Material procured by Plexus in accordance with Section 2.5.3 that is removed by GenMark from the Xxxx of Materials or remains on the Xxxx of Materials but has no demand for consumption of the Material within the next *** . For all Obsolete Materials, GenMark shall provide instructions to Plexus to either ship or scrap the Obsolete Materials and issue a purchase order for such Obsolete Materials to Plexus within *** after receiving written notice from Plexus, upon which Plexus shall invoice GenMark for the cost of such Material as set forth on the Xxxx of Materials, plus an amount equal to the Applicable Materials Overhead Percentage multiplied by such cost. GenMark shall be responsible for any reasonable direct out-of-pocket costs or expenses associated with the scrapping of Materials under this Section 2.5.3.3.
Obsolete Material means: the quantity of Material that SANMINA-SCI has on hand, which has been ordered, manufactured or acquired, based on preceding VDS which SANMINA-SCI no longer requires based on CUSTOMER’s announcement or notification of the following: (i) Formal announcement of End of Life (“EOL”) or (ii) a change in specification of Engineering Change Notice. Within ** Business Days of notice, CUSTOMER shall issue to SANMINA-SCI an Order for all Obsolete Material. SANMINA-SCI shall invoice CUSTOMER for the Delivered Cost of the Obsolete Material **. CUSTOMER shall pay SANMINA-SCI’s its Delivered Cost for Obsolete Material invoice within ** Business Days of the date of invoice. SANMINA-SCI will ship the Obsolete Material or dispose of same per the CUSTOMER’s instructions.
Obsolete Material means material that no longer meets code or is otherwise deemed not fit for sale due to loss of a specific customer or a specific customer's requirement change that is identified by Purchaser prior to Closing;