Common use of Excess Inventory Clause in Contracts

Excess Inventory. Tellabs agrees to purchase from Riverstone all inventory, including work-in-progress and finished goods, reasonably purchased by Riverstone pursuant to Tellabs firm Orders as defined in Section 3.2 which are held by Riverstone for at least [ * ] and which Riverstone has not been able to use in other products or which Riverstone does not reasonably foresee using in Tellabs's products within the next [ * ]. Riverstone agrees to use reasonable efforts to use any excess inventory in its other products, including but not limited to the Products under this Agreement.

Appears in 4 contracts

Samples: Strategic Alliance Agreement (Riverstone Networks Inc), Strategic Alliance Agreement (Riverstone Networks Inc), Strategic Alliance Agreement (Riverstone Networks Inc)

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