Obsolete Material means non-fungible Material to be used in the Work production of which is or will soon be discontinued.
Obsolete Material means the quantity of Material that Supplier has on hand, which has been ordered, manufactured or acquired, based on preceding VDS which Supplier no longer requires based on Powerwave’s announcement or notification of the following: (i) Formal announcement of End of Life or (ii) a change in specification due to a Manufacturing Change Order (“MCO”) or an Engineering Change Notice (“ECN”). The Parties shall meet in good faith as part of the quarterly business review and resolve any Obsolete Material pursuant to Powerwave’s Excess and Obsolete Material Procedures. CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Obsolete Material shall have the meaning set forth in Section 16.3.
Examples of Obsolete Material in a sentence
Subject to mutual agreement, JDSU will issue a purchase order for all Obsolete Material prior to the end of the quarter the material is declared obsolete.
Any Excess and Obsolete Material (E&O) costs arising from ECNs, over and above any EDI releases, shall be communicated to the applicable Multimatic division, in writing, prior to the ECN approval/implementation.
All suppliers can print correct labels by using the WEB SUPPLY application through the Autoliv Partner Portal.
Obsolete Material is defined as the mutually agreed upon components, materials, and supplies that shall no longer be utilized in the manufacture of Products.
Contractor will not use Obsolete Material without written approval of Buyer.
More Definitions of Obsolete Material
Obsolete Material means Components that no longer appear on a xxxx of material or Component, WIP, or Products that has no demand or usage for at least [****] and which were ordered, purchased or manufactured based on a Forecast, MOQs or Purchase Orders or other written instruction by Company to Jabil.
Obsolete Material means non-cancelable or non-returnable (NCNR) materials that can no longer be used on SSI's Product and are not useable on SANMINA-SCI production for other customers.
Obsolete Material means Materials on hand and non-cancelable FIC order that can no longer be used on SSE's Product Unit(s) and are not returnable nor useable on FIC production for other customers.
Obsolete Material means material that no longer meets specification or code or which is not otherwise saleable by Seller.
Obsolete Material means all Components, materials, and supplies shall be deemed obsolete if there have been no purchases for the previous [****] months and for which there is no forecasted demand for such Components, materials and supplies.
Obsolete Material means material that no longer meets code or is otherwise deemed not fit for sale due to loss of a specific customer or a specific customer's requirement change that is identified by Purchaser prior to Closing;
Obsolete Material means: the quantity of Material that SANMINA-SCI has on hand, which has been ordered, manufactured or acquired, based on preceding VDS which SANMINA-SCI no longer requires based on CUSTOMER’s announcement or notification of the following: (i) Formal announcement of End of Life (“EOL”) or (ii) a change in specification of Engineering Change Notice. Within ** Business Days of notice, CUSTOMER shall issue to SANMINA-SCI an Order for all Obsolete Material. SANMINA-SCI shall invoice CUSTOMER for the Delivered Cost of the Obsolete Material **. CUSTOMER shall pay SANMINA-SCI’s its Delivered Cost for Obsolete Material invoice within ** Business Days of the date of invoice. SANMINA-SCI will ship the Obsolete Material or dispose of same per the CUSTOMER’s instructions.