Customer Component Liability Clause Samples

Customer Component Liability. CUSTOMER acknowledges that it shall be financially liable for all Components ordered in accordance with this Section 4.2. At CUSTOMER’s request, SANMINA shall use commercially reasonable efforts to minimize CUSTOMER’s Component Liability by attempting to return Components to the Vendor or cancel cancelable open Orders; provided, however, that SANMINA shall not be obligated to attempt to return to Vendor Components which are, in the aggregate, worth less than $[**].

Customer Component Liability. Customer acknowledges that it shall be financially liable for all Components ordered in accordance with these Policies. Specifically, Customer’s Component liability shall be equal to Sanmina’s Delivered Cost of all Components ordered in support of any Order or Forecast, including any Excess Components resulting from any minimum buy quantities, tape and reel quantities, and multiples of packaging quantities required by the Vendor less the actual cost (per the ▇▇▇▇ of materials) of those Components which are returnable to Vendor (less any cancellation or restocking charges). At Customer’s request, Sanmina shall use commercially reasonable efforts to minimize Customer’s Component liability by attempting to return Components to the Vendor; provided, however, that Sanmina shall not be obligated to attempt to return to Vendor Components which are, in the aggregate, worth less than [***]. Customer guarantees the obligations of each of its subsidiaries or affiliates that places Orders or Forecasts pursuant to this Agreement, and agrees to be jointly liable for all such obligations.

Customer Component Liability. Customer’s Component liability for any termination without Cause shall be as set forth in Section 10 below. CUSTOMER acknowledges that it shall be financially liable for all Components ordered in accordance with this Section. Specifically, CUSTOMER’s Component Liability shall be equal to SANMINA-SCI’s Delivered Cost of all Components ordered in support of any Order or Forecast, including any excess Components resulting from any minimum buy quantities, tape and reel quantities, and multiples of packaging quantities required by the Vendor less the actual cost (per the ▇▇▇▇ of materials) of those Components which are returnable to Vendor (less any cancellation or restocking charges). At CUSTOMER’s request, SANMINA-SCI shall use commercially reasonable efforts to minimize CUSTOMER’s Component Liability by attempting to return Components to the Vendor

Customer Component Liability. CUSTOMER’s total “Component Liability” shall be equal to the lesser of (a) the purchase price for the Products for which such Components were purchased or (b) SANMINA-SCI’s Delivered Cost of all Components ordered in support of the Forecast in a manner consistent with the standard lead times, less the Delivered Cost of those Components which are returnable to Vendor (less any cancellation or restocking charges) [***]. At CUSTOMER’S request, SANMINA-SCI shall use commercially reasonable efforts to minimize CUSTOMER’S Component Liability by attempting to return Components to the Vendor; [***].

Customer Component Liability. UTS acknowledges that it shall be financially liable for all Non-passive Components ordered and non-cancellable in accordance with this Section, unless otherwise agreed. Specifically, UTS’ Component liability shall be equal to EMS’ Delivered Cost of all Non-passive Components ordered in support of any Purchase Order or Forecast, including any excess Non-passive Components resulting from any minimum buy quantities, tape and reel quantities, and multiples of packaging quantities required by the Vendor less the actual cost (per the ▇▇▇▇ of materials) of those Non-passive Components which are returnable to Vendor (less any cancellation or restocking charges). At UTS’ request, EMS shall use commercially reasonable efforts to minimize UTS’ Component Liability by attempting to return Components to the Vendor; provided, however, that EMS shall not be obligated to attempt to return to Vendor Components which are, in the aggregate, worth less than $1,000.

Customer Component Liability. CUSTOMER acknowledges that it shall be financially liable for all Components ordered in accordance with this Section. Specifically, CUSTOMER’s Component Liability shall be equal to SANMINA’s Delivered Cost of all CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED. THE REDACTED TERMS HAVE BEEN MARKED WITH THREE ASTERISKS [***] Components ordered in support of any Order or Forecast, including any excess Components resulting from any minimum buy quantities, tape and reel quantities, and multiples of packaging quantities required by the Vendor less the actual cost (per the ▇▇▇▇ of materials) of those Components which are returnable to Vendor (less any cancellation or restocking charges). At CUSTOMER’s request, SANMINA shall use commercially reasonable efforts to minimize CUSTOMER’s Component Liability by attempting to return Components to the Vendor; provided, however, that SANMINA shall not be obligated to attempt to return to Vendor Components which are, in the aggregate, worth less than $1,000.