Inventory; Scheduling Sample Clauses

Inventory; Scheduling. (a) Except as expressly set forth herein, during the term of this Agreement, Buyer shall purchase its Product requirements ** ** from Seller (including Products required for engineering, testing, and clinical trials, if any) and from ** ** manufacturer, person or entity, including, without limitation, any division or Affiliate of Buyer. (b) Buyer shall provide Seller with firm purchase orders for Products in accordance with the procedures and requirements set forth in Section 1.3; provided, however, that Buyer shall have the right, exercisable only ** ** per any ** **, up to ** ** prior to the date of shipment, and with the prior written consent of Seller, which shall not be unreasonably withheld, to issue binding, written change orders to delay up to** ** of the quantity of Products on such purchase orders by no more than ** **) calendar days from their originally scheduled shipment date. Buyer agrees to accept partial shipments of Products from Seller should it, for any commercially reasonable reason, become necessary to ship in advance of Seller’s ability to complete each order. Seller shall make all commercially reasonable efforts to comply with any revisions to a purchase order consistent with the provisions of this Agreement. BUYER: __________ Page 3 of 24 SELLER: __________ (c) Seller shall maintain its production capacity with respect to finished products and raw materials at ** **Percent ** ** of all undelivered Product quantities on open purchase orders for the then-current month. Seller will immediately notify Buyer in the event of any material obsolescence, supply shortage, or other interruption or potential interruption, in supply of any Products, or component or sub-assembly thereof, as soon as Seller becomes aware of such. (d) Within the mutually agreed lead-time for the Initial Purchase Order set forth in Section 1.3(b), above, Seller shall accumulate a finished goods inventory of Products to be held in reserve equal to the average monthly quantity, based on the ** **Purchase Order. Thereafter, for each subsequent month, Seller will hold in inventory an amount of finished Products equal to the average monthly quantity of the then-current ** ** (defined below). All Products ** **pursuant to this Section shall be referred to herein as ** ** Seller may only deplete Shelf Inventory when Buyer’s orders ** ** the applicable ** **. Seller will at all times throughout the term of this Agreement maintain the agreed upon ** **, except that Seller wil...
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Inventory; Scheduling. Buyer shall provide Seller with a non-binding, rolling 12-month forecast, updated each month, on or by the fifth business day of the month. Promptly following the Effective Date, Buyer will submit its first forecast and a purchase order (each, a “Purchase Order”) for the first three months of the term of this Agreement. Thereafter, Buyer will submit, on a monthly basis, a forecast and a Purchase Order for the Products to be delivered in the third month of such forecast. The quantity of Products set forth in any Purchase Order for any month will be as agreed by both parties based on plant and supplier capacity and lead times. Seller shall deliver Products in accordance with the delivery schedules set forth in the applicable Purchase Order. Buyer may not cancel any Purchase Order without Seller’s prior written consent. Upon signing of this Agreement or in the future, Seller and Buyer may enter into individual service level agreements relating to inventory management (e.g. kanban, consignment, etc.) (referred to herein as “SLAs”). Any SLA between Seller and Buyer(s) shall be incorporated by reference into this Agreement.
Sample 1
Inventory; Scheduling. Supplier shall deliver Product in accordance with the delivery schedules set forth in the applicable PO, which delivery schedules shall not be earlier than the longest material lead time plus the estimated assembly time. Notwithstanding the foregoing, either party may modify any order by providing [***] written notice to the other party prior to scheduled ship date; provided however, if Buyer wishes to modify an order by reducing the quantity of the Product ordered for a particular month, Buyer may roll that quantity forward into future months’ orders with Supplier’s consent, which shall not be unreasonably withheld. In the event a party seeks to modify an order less than [***] prior to the scheduled ship date, the parties must mutually agree upon the changes.
Sample 1
Inventory; Scheduling. When inventory scheduling is required during shutdowns, the Employer shall give the first opportunity to do the inventory to employees normally performing the work in the affected department. If the employees refuse the opportunity then the Employer shall fill the scheduling with other employees of the bargaining unit. The time required may vary for each department and is not subject to Article 15.
Sample 1
Inventory; Scheduling. Based upon the information provided to Allixxx xxxer Article 8.2 above, aggregate worldwide demand for a two year period will be determined. Individual account representatives will coordinate to identify and eliminate redundancies in Event and/or Customer identification. The adjusted demand will be compared to the historical demand and projected worldwide forecast based on individual Product reliability estimates, Parts usage profiles and Customer operating conditions. The Authorized Maintenance Center's individual forecast will be reviewed in light of known discrepancies and agreed upon demands for both Modules and Parts will be established. The Modules and Parts will be scheduled for the first years' forecast based upon expected Events and associated Event Kits. The first six (6) months of the first years' schedule will be committed to a firm schedule by the Authorized Maintenance Center, consistent with catalog leads. The second six (6) months will be tentatively scheduled and will be made firm as they enter the six (6) month window. The entire forecast will be a 24 month rolling average forecast. Any identified long term contract Customer will be scheduled separately and monitored, as well as Over-the Counter sales.
Sample 1

Related to Inventory; Scheduling

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Inventories All of the Assets constituting inventory are owned or used by Company, are in good, current, standard and merchantable condition and are not obsolete or defective.

  • Inventory Reports Within 15 days after the close of each fiscal month of Customer, a copy of the Inventory Report (as and to the extent applicable, breaking out Inventory by location, and separately reporting any work in process) of Customer as of the end of such fiscal month;

  • Location of Inventory and Equipment The Inventory and Equipment are not stored with a bailee, warehouseman, or similar party (without Foothill's prior written consent) and are located only at the locations identified on Schedule 6.12 or otherwise permitted by Section 6.12.

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

  • Inventory Management The Subrecipient must submit an annual statement identifying the status of all equipment and non-real property items purchased with ESG funds by the contract termination date. The status report should inventory all equipment and non-real properties purchased with ESG funds and state the condition of the equipment and its location.

  • As to Equipment and Inventory Such Grantor hereby agrees that it shall: (a) keep all the Equipment and Inventory (other than Inventory sold or certain Equipment in transit and is permitted under the Credit Agreement), each in the ordinary course of business, or except as otherwise provided in the Credit Agreement or any of the other Loan Documents) at the places therefor specified in Section 3.1.1 hereof or, upon thirty (30) days’ prior written notice to the Secured Party, at such other places in a jurisdiction where all representations and warranties set forth in Article III shall be true and correct, and all action required pursuant to the first sentence of Section 4.1.7 hereof shall have been taken with respect to the Equipment and Inventory (collectively, “Specified Locations”); (b) cause the Equipment to be maintained and preserved in the same condition, repair and working order as when new, ordinary wear and tear excepted, and in accordance with any manufacturer’s manual or good business practice; and forthwith, or in the case of any loss or damage to any of the Equipment, as quickly as practicable after the occurrence thereof, make or cause to be made all repairs, replacements, and other improvements in connection therewith which are necessary or desirable to such end; and promptly furnish to the Secured Party a statement respecting any material loss or damage to any of the Equipment; and (c) pay promptly when due all property and other taxes, assessments and governmental charges or levies imposed upon, and all claims (including claims for labor, materials and supplies) against, the Equipment and Inventory, except to the extent the validity thereof is being contested in good faith by appropriate proceedings and for which adequate reserves in accordance with GAAP have been set aside.

  • Returns of Inventory No Borrower shall return any Inventory to a supplier, vendor or other Person, whether for cash, credit or otherwise, unless (a) such return is in the Ordinary Course of Business; (b) no Default, Event of Default or Overadvance exists or would result therefrom; (c) Agent is promptly notified if the aggregate Value of all Inventory returned in any month exceeds $1,000,000; and (d) any payment received by a Borrower for a return is promptly remitted to Agent for application to the Obligations.

  • Recovery Schedule If the initial schedule or any current updates fail to reflect the Work’s actual plan or method of operation, or a contractual milestone date is more than fifteen (15) days behind, Owner may require that a recovery schedule for completion of the remaining Work be submitted. The Recovery Schedule must be submitted within seven (7) calendar days of Owner’s request. The Recovery Schedule shall describe in detail Construction Contractor’s plan to complete the remaining Work by the required Contract milestone date. The Recovery Schedule submitted shall meet the same requirements as the original Construction Schedule. The narrative submitted with the Recovery Schedule should describe in detail all changes that have been made to meet the Contract milestone dates.

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