Obsolete Materials definition

Obsolete Materials shall have the meaning set forth in Paragraph 6.4.2.

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Obsolete Materials. Unique Materials on hand and ordered consistent with Buyer's forecast at agreed-upon leadtimes which can no longer be used for their designated Product and/or for which there is no forecast for the following [*].

Obsolete Materials mean materials and components in Jabil inventory that: (a) no longer appear on a Company ▇▇▇▇ of materials (BOM), or (b) no longer has demand but appears on a Company BOM of a Product on a Build Schedule or Build Schedule Forecast, or (c) Jabil purchased or is on order by Jabil based on a Build Schedule Forecast, Build Schedule, or other written instruction by Company to Jabil.

Examples of Obsolete Materials in a sentence

Buyer is to advise Seller of its decision with respect to the proposed ECO within [*] after receipt of Seller's written notifica- tion, Buyer will not be liable for any Excess or Obsolete Materials arising as a direct result of such Seller ECO.
Buyer will be liable for, and Buyer's liability with respect to the procurement of Materials will be limited to Excess and Obsolete Materials as set forth in Section 7 and Section 8 below.
Upon the request of CTS, LGLS shall deliver such Obsolete Materials to GS and shall transfer the title to such Obsolete Materials to GS, at GS’s expense.
Supplier will submit all claims for Obsolete Materials (“Claim”) by submitting an Obsolete Materials Report in accordance with Sun’s claims process found at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/aboutsun/coinfo/supplier/production/claims which is hereby incorporated by reference into this contract.
Supplier will notify Sun of the part number, quantity and the cost of Obsolete Materials in a consolidated report (“Obsolete Materials Report”).

More Definitions of Obsolete Materials

Obsolete Materials mean any Materials ordered at the request of GS that will become obsolete as a result of (i) the expiration or termination of the GSK Supply Agreement or (ii) changes in Final Product Specifications and/or the changes in labeling and packaging.

Obsolete Materials means SUTCs (defined below) which: (a) are in Supplier’s inventory and ordered consistent with Sun’s Forecast and agreed-upon SUTC Lead-times; (b) are subject to an Intervening Event and exceed the quantity necessary to manufacture Sun’s remaining forecasted volume of the Product; and (c) Supplier has itemized on an Obsolete Materials Report.

Obsolete Materials means parts, components and other materials listed in the Master Bill of Material which as of a particular date have zero demand and/or are anticipated to have zero demand within 90 days thereafter, based on the current Forecast in effect as of such particular date, and which are not associated with Products currently manufactured by SMTC.

Obsolete Materials means Materials on hand and/or on order that can no longer be used in the Product.

Obsolete Materials means Device Proprietary Components, Semi-Manufactures or Basic Materials that are held in Stock by Aerogen and which for technical, commercial or other reasons can no longer be accepted and used or have been obsoleted by Aerogen or a sub-supplier.

Obsolete Materials means the individual Authorized Purchase Materials inventory for which there is no demand based upon Ouster’s Orders and/or Forecast (whether as a result of an ECO or any other reason whatsoever), even though Ouster considers the Products that incorporate such Materials as “active” Products because such Products remain on Ouster’s Product list or price list made available to Ouster’s end users.

Obsolete Materials means any Materials that are in Flextronics’ inventory and were ordered, acquired, or produced in support of an applicable Materials Commitment using efficient inventory purchasing practices and for which there is [*] in the current [*] from Customer.