Common use of Freshness Clause in Contracts

Freshness. With respect to Custom Components, Supplier will notify EMS Provider and the Cisco Entities in the event any such Component has remained in any Hub for more than [****] (the “Freshness Period”). Upon receipt of such notice, EMS Provider will, within two business days, issue a Pull Signal to Hub Operator with respect to such Component, subject to the following exceptions: a. Components shipped to any Hub in excess of amounts specified in a valid Hub Order will be excluded; and; b. With respect to any Components that have been subject to any quality-related quarantine or hold while in the Hub, the Freshness Period will be extended by the duration of such quarantine or hold. This Section 9.2 shall not apply to Standard Components.

Appears in 2 contracts

Samples: Master Purchase Agreement (Gsi Technology Inc), Master Purchase Agreement (Gsi Technology Inc)

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Freshness. With respect to Custom Components, Supplier will notify EMS Provider and the Cisco Entities in the event any such Component has remained in any Hub for more than [****] (the “Freshness Period”). Upon receipt of such notice, EMS Provider will, within two business days, issue a Pull Signal to Hub Operator with respect to such Component, subject to the following exceptions: : a. Components shipped to any Hub in excess of amounts specified in a valid Hub Order will be excluded; and; ; **** Indicates provision for which confidential treatment has been requested. CISCO CONFIDENTIAL b. With respect to any Components that have been subject to any quality-related quarantine or hold while in the Hub, the Freshness Period will be extended by the duration of such quarantine or hold. This Section 9.2 shall not apply to Standard Components.

Appears in 1 contract

Samples: Master Purchase Agreement

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Freshness. With respect to Custom Components, Supplier will notify EMS Provider and the Cisco Entities in the event any such Component has remained in any Hub for more than [****] ninety (90) days (the “Freshness Period”). Upon receipt of such notice, EMS Provider will, within two business days, issue a Pull Signal to Hub Operator with respect to such Component, subject to the following exceptions: a. Components shipped to any Hub in excess of amounts specified in a valid Hub Order will be excluded; and; b. With respect to any Components that have been subject to any quality-related quarantine or hold while in the Hub, the Freshness Period will be extended by the duration of such quarantine or hold. This Section 9.2 shall not apply to Standard Components.

Appears in 1 contract

Samples: Lean Vmi Agreement

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