Special Inventory definition

Special Inventory means any Long Lead Time Materials and/or Minimum Order Inventory and/or Economic Order Inventory.

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Special Inventory means any Minimum Order Inventory, Economic Order Inventory, safety stock and other mutually-agreed Inventory acquired by Flextronics in excess of the Forecast to support flexibility or demand requirements.

Special Inventory. Shall have the meaning set forth in Section 3.5.

Examples of Special Inventory in a sentence

Customer is responsible under the conditions provided in this Agreement for all Materials, Inventory and Special Inventory purchased by Flextronics under this Section 4.
In the event that any of the foregoing remedies cannot be effected on commercially reasonable terms, then, all accepted purchase orders and the current forecast will be considered cancelled and Customer shall purchase all Products, Inventory and Special Inventory as provided in Sections 5.3 and 5.4 hereof.
Flextronics will ship the Inventory and Special Inventory paid for by Customer under this Section 5.4 to Customer promptly upon said payment by Customer.
Customer’s accepted purchase orders and forecast will constitute authorization for Flextronics to procure, without Customer’s prior approval, (a) Inventory to manufacture the Products covered by such purchase orders based on the Lead Time and (b) certain Special Inventory based on Customer’s purchase orders and forecast as follows: Long Lead-Time Materials as required based on the Lead Time when such purchase orders are placed and Minimum Order Inventory as required by the supplier.
Prior to invoicing Customer for the amounts due pursuant to Sections 5.2 or 5.3, Flextronics will use reasonable commercial efforts for a period of thirty (30) days, to return unused Inventory and Special Inventory and to cancel pending orders for such inventory, and to otherwise mitigate the amounts payable by Customer.

More Definitions of Special Inventory

Special Inventory means components, materials, and supplies: i) with lead times greater than sixty (60) days at the time the order is placed (“Long Lead Time Components”), ii) purchased in quantities above the required amount in order to achieve price targets (“Economic Order”), or iii) purchased in excess of requirements because of minimum lot sizes available from manufacturers (“Minimum Order Quantity”), and with respect to each of the foregoing, purchased only with Mobileye’s prior written consent and only in accordance with the guidelines set forth in this Agreement.

Special Inventory means any Long Lead Time Materials and/or Minimum Order Quantities.

Special Inventory means any Customer Specified Materials which are Long Lead Time or have Minimum or Economic Order Inventory requirements. Special Inventory must be identified and agreed to in advance, and in writing.

Special Inventory means, individually and collectively, Minimum Order Inventory and Economic Order Inventory, safety stock and other mutually agreed Inventory to support flexibility or demand requirements. Customer shall not be liable for Special Inventory for which Flextronics does not hold title, such as: (i) Material maintained in Vendor Managed Inventory (“VMI”) or stock rotation programs; (ii) Material that is returnable to the vendor or (iii) Material that has demand by other Flextronics customers as provided in Section 5.4(b). FLEXTRONICS CONFIDENTIAL

Special Inventory means biological materials and consumable biological products that would otherwise constitute “Inventory”.

Special Inventory shall have the meaning stated in Section ----------------- 4(b).