Common use of Determination of Excess Materials Inventory Clause in Contracts

Determination of Excess Materials Inventory. The amount of excess Materials inventory at the end of each Company fiscal quarter will be the amount of Materials inventory actually on hand that has been idle for six months or more, adjusted as provided in paragraphs 8.4.3.1 and 8.4.3.2 of this Agreement.

Appears in 4 contracts

Samples: Product Manufacturing Agreement, Manufacturing Agreement, Product Manufacturing Agreement (Rf Monolithics Inc /De/)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!