Excess Components definition

Excess Components means a Unique and Special Component on hand at Vendor’s site that is in excess of the amount needed for the current Forecast; provided, however, that such Component was purchased by Vendor in order to meet a previous Forecast. A Component shall not be an “Excess Component” if it was purchased outside of the Component Lead Time necessary to meet the Forecast in effect at the time of purchase.

Excess Components means any Third Party Component for which IAC has taken delivery and incurred a payment obligation that (i) is (a) a Unique Component, (b) an Obsolete Component, or (c) were to be consumed for Products that were rescheduled or cancelled in accordance with Exhibit C, and (ii) has not subsequently been consumed for Products within [*] after IAC takes physical delivery of the Component.

Excess Components means components on hand or on-order at EI that exceed the quantity required to meet open “Orders”

Examples of Excess Components in a sentence

• Unless otherwise contained herein, the maximum total Blue Coat liability for any Slow Moving Inventory, Excess Components or Obsolete Components may not exceed Vendor’s unit price for such Components as set forth in the Product Information Document.

• Subject to the notification requirements set forth herein, Vendor will exercise commercially reasonable efforts to mitigate Blue Coat’s liability for Excess Components, Obsolete Components Slow Moving Inventory and Special Components, including, without limitation, by canceling or rescheduling materials orders, selling materials or utilizing the materials for other customers.

• Excess Components Shall mean those Components procured by Plexus in accordance with Addendum 1 and that are either projected to be consumed by Plexus in the manufacture of Assemblies in greater than ninety (90) days based on Customer Demand or have remained in Plexus inventory for greater than ninety (90) days.

• In the event that any Purchased Components become Excess Components or Obsolete Components, Synnex will make every effort to return the Purchased Components to the respective suppliers or resell the Purchased Components to third parties (up to a period of thirty (30) days).

• Vendor shall provide Blue Coat with a monthly report setting forth the number of Slow Moving Inventory, Excess Components and Obsolete Components.

More Definitions of Excess Components

Excess Components means those Components in inventory or on-order that are projected to be consumed by Customer Demand, but not within the next [***] ([***]) calendar days.

Excess Components means a Component that has been in inventory at Synnex for over six (6) months provided that such Component (a) could not previously be utilized in the manufacture of a Product during such six (6) month period and (b) was not purchased by Synnex outside of the Total Lead Time necessary to meet the Forecasts and Buffer Stock requirements.

Excess Components means Components that (a) were purchased solely to fulfill a Requisition and are remaining on the last day covered by the Requisition and (b) are not scheduled to be used in the immediately following Requisition.

Excess Components means (a) the Components that SANMINA has on hand, which have been ordered, manufactured, or acquired (in accordance with the requirements of this Section 4) based on CUSTOMER’s then-current Forecast as noted in section 4 and Exhibit B, long lead time components, items purchased as safety stock, parts purchased under MOQ’s and NCNR or Orders, but for which CUSTOMER has no demand in the [**] day period following the end of each [**], and/or (b) inventory that is in excess of the quantity required to maintain the agreed to inventory turns per Exhibit A.

Excess Components means the Components that SANMINA has on hand, which have been ordered, manufactured, or acquired based on CUSTOMER’S then-current Forecast or Orders, but for which CUSTOMER has no demand in the [***] period following the end of each calendar quarter.

Excess Components means Components in Solectron's inventory that were purchased within agreed to material order Lead Times and in quantities to support Zhone's demand forecast, which are non-cancelable and/or non-returnable and for which the latest demand forecast does not show consumption in any Product within the next ninety (90) days.

Excess Components means Authorized Purchases of individual Component inventory that exceeds a [***] ([***]) month demand for such Component based upon Hyperfine’s Order(s) and/or then-current Forecast. Manufacture and Supply Agreement [***] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.