Examples of Product Inventory in a sentence
Subject to Section 4.2, in connection with establishing the Target Product Inventory for each Product Group, the Parties agree to follow the procedures set forth on Schedule F.
In the event that all actual Product Inventory quantities are not known prior to Closing, the Seller shall make a good faith estimate of the Product Inventory quantities and the related Product Inventory Value Amount, which information shall be attached to the Interim Closing Statement.
Upon Closing, Seller shall sell, transfer, assign, convey and deliver, or shall cause to be sold, transferred, assigned, conveyed and delivered to Buyer, the Product Inventory.
For any Product Inventory maintained and managed by Flextronics in excess of Customer's Forecast and the Product Inventory buffer because of Customer's failure to take delivery of Product in accordance with its forecast, Customer shall pay Flextronics an inventory fee of one (1%) percent of the Product price for two four-week periods and one five-week period during each Quarter, starting on the Effective Date.
Flextronics will maintain and manage Customer's Product Inventory so as to accommodate Customer's Forecast and to provide a Product Inventory buffer at no additional charge.