Other Special Inventory Sample Clauses

Other Special Inventory. Upon written approval from Customer, A-Plus will be authorized to purchase inventory beyond the amount necessary to fill accepted Purchase Orders as follows: (i) inventory purchased in quantities above the required amount in order to achieve price targets ("Economic Order Inventory"); and (ii) Minimum Order Components and Materials which shall be mutually agreed upon and set forth on Exhibit F. Economic Order Inventory, Minimum Order Components and Materials and Long Lead Time Components together are called "Special Inventory." The parties shall review the mutually agreed upon Special Inventory on a quarterly basis and update the applicable Exhibits. A-Plus will utilize any excess Special Inventory prior to ordering additional Special Inventory. A-Plus will purchase material on behalf of Customer only upon receipt of a hardcopy Purchase Order, except for Special Inventory which A-Plus may purchase as discussed above.
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Other Special Inventory. Only upon written approval from Customer, Cirtran will be authorized to purchase inventory beyond the amount necessary to fill accepted Purchase Orders as follows: (i) inventory purchased in quantities above the required amount in order to achieve price targets ("Economic Order Inventory"); and (ii) Minimum Order Components and Materials which shall be mutually agreed upon and set forth on Exhibit F. Economic Order Inventory, Minimum Order Components and Materials and Long Lead Time Components together are called "Special Inventory." The parties shall review the mutually agreed upon Special Inventory on a quarterly basis and update the applicable Exhibits. Cirtran will utilize any excess Special Inventory on a "first in-first out" basis prior to ordering additional Special Inventory. Cirtran will purchase material on behalf of Customer only upon receipt of a hardcopy or electronic Purchase Order, except for Special Inventory, which Cirtran may purchase as discussed above. If, based on a change in Customer's forecasts or needs, previously purchased Special Inventory may no longer be utilized in the Products, Cirtran will use best efforts to utilize any such Special Inventory for its other customers.

Related to Other Special Inventory

  • Physical Inventory Borrower shall conduct a physical count of the Inventory at such intervals as FINOVA requests and promptly supply FINOVA with a copy of such accounts accompanied by a report of the value (calculated at the lower of cost or market value on a first in, first out basis) of the Inventory and such additional information with respect to the Inventory as FINOVA may request from time to time.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

  • As to Equipment and Inventory The Grantor hereby agrees that it shall

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Spare Parts Contractor shall be responsible for obtaining vendor recommendations for spare parts and delivering such recommendations and spare parts to Owner in accordance with Section 3.4 of the Agreement.

  • Buyer Furnished Equipment 14.3.2.1 The Seller shall introduce data related to Buyer Furnished Equipment, for equipment that is installed on the Aircraft by the Seller (hereinafter “BFE Data”) into the customized Technical Data, at no additional charge to the Buyer for the initial issue of the Technical Data provided at first Aircraft Delivery, provided such BFE Data is provided in accordance with the conditions set forth in Clauses 14.3.2.2 through 14.3.2.6.

  • Eligible Inventory As to each item of Inventory that is identified by any Borrower as Eligible Inventory in a Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Agent-discretionary criteria) set forth in the definition of Eligible Inventory.

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

  • Physical Inventories (a) The Collateral Agent, at the expense of the Loan Parties, may participate in and/or observe each physical count and/or inventory of so much of the Collateral as consists of Inventory which is undertaken on behalf of the Borrowers so long as such participation does not disrupt the normal inventory schedule or process.

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