Common use of Duty to Mitigate Costs Clause in Contracts

Duty to Mitigate Costs. Both Parties shall, in good faith, undertake Commercially Reasonable Efforts to mitigate the costs of termination, expiration or cancellation. Jabil shall make Commercially Reasonable Efforts to cancel all applicable component and material purchase orders and reduce component inventory through return for credit programs or allocate such components and materials for alternate Company programs if applicable, or other customer orders provided the same can be used within thirty (30) days of the termination date.

Appears in 13 contracts

Samples: Manufacturing Services Agreement (Irobot Corp), Manufacturing Services Agreement, Manufacturing Services Agreement (Irobot Corp)

AutoNDA by SimpleDocs

Duty to Mitigate Costs. Both Parties shall, in good faith, undertake Commercially Reasonable Efforts to mitigate the costs of termination, expiration or cancellation. Jabil shall make Commercially Reasonable Efforts to cancel all applicable component and material purchase orders and reduce component inventory through return for credit programs or allocate such components and materials for alternate Company programs if applicable, or other customer orders provided the same can be used within thirty ninety (30) days of the termination date.

Appears in 2 contracts

Samples: Manufacturing Services Agreement (SolarEdge Technologies Inc), Manufacturing Services Agreement (SolarEdge Technologies Inc)

Duty to Mitigate Costs. Both Parties shall, in good faith, undertake Commercially Reasonable Efforts to mitigate the costs of termination, expiration or cancellationTermination. Jabil shall make Commercially Reasonable Efforts to cancel all applicable component and material Component purchase orders and reduce component Component inventory through return for credit programs or allocate such components and materials Components for alternate Company programs if applicable, or other customer orders provided the same can be used within thirty (30) days [****] of the termination date.

Appears in 2 contracts

Samples: Manufacturing Services Agreement (Lucira Health, Inc.), Manufacturing Services Agreement (Lucira Health, Inc.)

Duty to Mitigate Costs. Both Parties shall, in good faith, undertake Commercially Reasonable Efforts reasonable measures to mitigate the costs of termination, expiration expiration, or cancellation. Jabil shall make Commercially Reasonable Efforts to cancel all applicable component and material purchase orders and reduce component inventory through return for credit programs or allocate such components and materials for alternate Company Digital programs if applicable, or other customer orders provided the same can be used within thirty (30) days of the termination date.

Appears in 1 contract

Samples: Manufacturing Services Agreement (Digital Lightwave Inc)

Duty to Mitigate Costs. Both Parties shall, in good faith, undertake Commercially Reasonable Efforts to mitigate the costs of termination, expiration or cancellation. Jabil shall make Commercially Reasonable Efforts to cancel all applicable component and material purchase orders and reduce component inventory through return for credit programs or allocate such components and materials for alternate Company programs if applicable, or other customer orders provided the same can be used within thirty (30) days of the termination date.. 14

Appears in 1 contract

Samples: Manufacturing Services Agreement

AutoNDA by SimpleDocs

Duty to Mitigate Costs. Both Parties shall, in good faith, undertake Commercially Reasonable Efforts to mitigate the costs of termination, expiration or cancellation. Jabil shall make Commercially Reasonable Efforts to cancel all applicable component and material purchase orders and reduce component inventory through return for credit programs or allocate such components and materials for alternate Company SKYE programs if applicable, or other customer orders provided the same can be used within thirty (30) days of the termination date.

Appears in 1 contract

Samples: Manufacturing Services Agreement (Skye International, Inc)

Duty to Mitigate Costs. Both Parties shall, in good faith, undertake Commercially Reasonable Efforts to mitigate the costs of termination, expiration or cancellation. Jabil shall make Commercially Reasonable Efforts to cancel all applicable component and material purchase orders and reduce component inventory through return for credit programs or allocate such components and materials for alternate Company programs if applicable, or other customer orders provided the same can be used within thirty (30) [***] days of the termination date.

Appears in 1 contract

Samples: Manufacturing Services Agreement (Ulthera Inc)

Duty to Mitigate Costs. Both Parties shall, in good faith, undertake Commercially Reasonable Efforts to mitigate the costs of termination, expiration or cancellation. Jabil shall make Commercially Reasonable Efforts to cancel all applicable component and material purchase orders and reduce component inventory through return for credit programs or allocate such components and materials for alternate Company programs if applicable, or other customer orders provided the same can be used within thirty ninety (3090) days of the termination date.

Appears in 1 contract

Samples: Manufacturing Services Agreement (Life360, Inc.)

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