Buffer Stock. Synnex will be required to maintain a minimum buffer stock of all Products as specified in a Product Information Document (and updated by Blue Coat as needed) (“Buffer Stock”). This Buffer Stock is to accommodate requests for expedited orders and dead-on-arrival replacements. Additionally, the Buffer Stock will be used to accommodate expected and unexpected quarterly business cycle fluctuations. However, the Buffer Stock will not exceed a maximum as specified in Product Information Document. If the Buffer Stock becomes Excess Buffer Stock, then Blue Coat shall pay either (a) reasonable carrying costs for such Excess Buffer Stock or (b) the Product cost as outlined in the Product Information Document or the updated cost agreed to by the parties.
Buffer Stock. Clause 1 of the Exclusive Distribution Agreement is amended to include the following new Clause 1(pppp), 1(qqqq) and 1(rrrr):
Buffer Stock. (a) The Distributor shall be responsible for creating and maintaining a sufficient stock of Products in order to limit any short term interruption, discontinuance or limitation of supply of any kind in the Territory (the Buffer Stock).
Buffer Stock. 34.1 If Buffer Stock is held by the Contractor on behalf of the Customer, the following terms apply:
Buffer Stock. 4.1 The Seller shall at all times hold an additional quantity of the Products (the “Buffer Stock”). The Buffer Stock shall be in a finished and packaged state. The holding of the Buffer Stock by the Seller in accordance with this provision shall be a material term of this Agreement. Failure to do so will be considered a material breach of this Agreement. Buffer stock will be made available at the Seller within 24 hours of notice from the Seller of the requirement to use.
Buffer Stock. Broadcom will hold and segregate a buffer stock of *** RAID controller chip products for Ciprico to meet Ciprico’s typical monthly supply during the term of this Agreement. If Ciprico depletes the buffer stock, then Broadcom will refill such buffer stock in accordance with its standard lead times. As a condition to Broadcom’s obligations under this Section 6.2, Ciprico will maintain a typical monthly supply of RAID controller chips in its inventory.
Buffer Stock. During the term of this Master Agreement, the Supplier shall, at its sole cost and expense, procure, acquire, manufacture (where applicable), replenish or otherwise maintain in respect of each Master Product, at minimum the Buffer Stock [and any components required to manufacture (where applicable) such Buffer Stock], to meet the Statement of Works. The Supplier shall allow ALPS and/or its designee to inspect the Buffer Stock to ascertain that the specified quantity of Buffer Stock has been maintained in accordance with this Clause 3.7 and for this purpose, the Supplier shall give or procure for ALPS and/or its designee free access to the storage premises of such Buffer Stock as and when required and shall provide without any additional fees or charges such reasonable assistance as may be required. ALPS shall be entitled to the payment of Stock Credits from the Supplier for each failure of the Supplier to maintain the quantity of Buffer Stock in accordance with this Clause 3.7, which shall not be construed in any way as liquidated damages.
Buffer Stock. KOFAX will maintain a buffer stock amount of Products to be ordered under this Agreement equal to two (2) weeks in inventory and one (1) week in transit according to the then current rolling forecast. This buffer stock will be considered consigned for FCPA and will be purchased upon termination of this Agreement as defined in Section 30.
Buffer Stock. Starting on a date that is three (3) months after METROLOGIC completes delivery of products ordered under the Initial Conditional Order, METROLOGIC shall manufacture and hold in stock a buffer stock of a certain number of such finished METROLOGIC Purchasable Products, as computed hereunder, which can be ordered by SYMBOL. Such buffer stock will be shipped upon SYMBOL placing a Purchase Order, with a maximum of one week turnaround. Should an order by SYMBOL deplete METROLOGIC's buffer stock, METROLOGIC agrees to replenish stock within 30 days of such order. For each product type purchased under the Terms and Conditions hereof, the quantity of the buffer stock shall not be less than the average monthly quantity of that particular product type purchased by SYMBOL during the previous three month period, and shall not be greater than 500 units. SYMBOL agrees to purchase all buffer stock units upon the termination or expiration of the applicable Part of Article 11. As product models change, METROLOGIC shall provide replacement units of more current revisions to rotate buffer stock by accepting returns of models to be discontinued and to ensure that current models are in buffer stock at all times.
Buffer Stock. Terms defining buffer stock requirements and procedures are set forth in Exhibit A to this Agreement.
