Last Time Buys Sample Clauses

Last Time Buys. The parties shall immediately notify each other if a vendor issues a notice of component supply discontinuation, and a Last Time Buy (LTB) is required. BreconRidge shall assist Customer to expeditiously determine the required quantity of LTB Materials. BreconRidge agrees to place LTB Materials purchase orders on vendors, at the request of and on behalf of Customer, after receipt of a purchase order from Customer for LTB Materials. Upon receipt of the LTB Materials, BreconRidge shall identify the portion of the LTB quantity that qualifies as Excess Material, and Customer shall pay for, and consign such Customer-owned LTB Excess Material to BreconRidge. BreconRidge shall store such consigned inventory for Customer, until it is consumed, in accordance with Schedule 2.2.
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Last Time Buys. The parties shall immediately notify each other if a supplier issues a notice of component supply discontinuation, and a Last Time Buy (LTB) is required. The parties shall expeditiously agree on the required quantity of LTB Materials. Flextronics agrees to place LTB Materials purchase orders on suppliers, at the request of and on behalf of Customer, after receipt of a purchase order from Customer for such LTB Materials. Upon receipt of the LTB Materials, Flextronics shall identify the portion of the LTB quantity that qualifies as excess Inventory, and Customer shall pay for, and consign such Customer-owned LTB excess Inventory to Flextronics. Flextronics shall store such consigned inventory for Customer, until it is consumed, at the storage and handling rate identified in the Monthly Charges definition.
Sample 1
Last Time Buys. In the event that Seller’s suppliers provide advance warning of a planned obsolescence, it is the responsibility of the Seller to purchase sufficient part quantities to ensure that UCF’s supply chain is unaffected for at least the period of one (1) year. The Seller shall make the purchase on UCF’s behalf, and UCF assumes the part risk. Prior to initiating the last time buy, the Seller shall notify UCF, in writing, with 30 days’ notice of the last-time buy event, such that UCF may, at its sole discretion, adjust purchase quantities, generate an engineering change order (“ECO”) as an alternate remedy, or agree to discontinue production. 11 Changes & Modifications UCF may modify, amend, append, or otherwise alter, in writing, the general scope of any PO, including but not limited to the following: (a) technical requirements and descriptions, specifications, SOWs, FPSs, drawings or designs; (b) shipment, packing, or labeling methods; (c) inspection or acceptance processes;
Sample 1
Last Time Buys. PURCHASER will identify all inventory purchased by PURCHASER as part of a last time buy. Such inventory will not be subject to the buy-back provision of Section 6(c) of this Agreement. SEE EXHIBIT C. (to be provided fifteen (15) days from Agreement signing.) Exhibit C will identify Part Number, "where used" and projected "depletion" date for each " Last Time Buy" item. PURCHASER's engineering department will identify replacement components for these items prior to usage of the last units.
Sample 1

Related to Last Time Buys

  • Prime Time Vacation Period Subject to the provisions of this article, it is the intent of the parties that no employee will be restricted in the time of year they choose to take their vacation. The Employer will make every effort to allow employees to take their vacation during the period of April 15th to October 15th inclusive, which will be defined as the prime time vacation period.

  • Certification as Small Contractor or Minority Business Enterprise This paragraph was intentionally left blank.

  • Part-Time Nurse is a Nurse hired to a position to work on a regular or temporary basis that is less than the work period of a Full-Time Nurse.

  • Orlando, FL; Ft Lauderdale, FL; Charlotte-Gastonia-Rock Hill, NC; Greensboro-Winston Salem-High Point, NC; Nashville, TN; and New Orleans, LA, and BellSouth has provided non- discriminatory cost based access to the Enhanced Extended Link (EEL) throughout Density Zone 1 as determined by NECA Tariff No. 4 as in effect on January 1, 1999.

  • Sick Leave Buy Back To encourage and reward employees who maintain good job attendance, the parties agree to the following incentive award: Employees who utilize two (2) sick leave days or less each assigned school calendar year and year-round employees who utilize three (3) sick leave days or less during each assigned school calendar year - upon request – shall receive payment for up to eight (8) days of sick leave, provided the employee worked the full assigned calendar year.* The following procedures apply to the payment of sick leave under this section. 1. An employee must have a minimum of twenty-five (25) days of accumulated sick leave remaining after the payment for unused sick leave under this section. 2. The payment of this incentive shall be paid to eligible employees no later than October 31st of the school year following the school year in which the employee qualified for the incentive pay. 3. For purposes of this section, sick leave shall be defined pursuant to all sections of F.S.1012.61. 4. Days for which such award payment is received shall be deducted from the accumulated leave balance. 5. Payment shall be equal to the number of eligible days times the affected employees daily rate of base pay times eighty percent (80%).

  • Flex Time Upon agreement of the supervisor's immediate supervisor, an individual flex-time schedule may be established.

  • Paid Time Off (PTO) During the Term, Executive shall be entitled to paid time off in accordance with Company’s policy in place from time to time; provided, however, that Executive shall be eligible to accrue no less than twenty (20) days per calendar year (with such amount prorated for the balance of 2017).

  • Crib Time (i) When an Employee is required to work overtime after the usual ceasing time for the day or shift for two hours or more, he/she shall be allowed to take, without deduction of pay, a crib time of twenty minutes in duration immediately after such ceasing time and thereafter, after each four hours of continuous work, he/she shall be allowed to take also, without deduction of pay, a crib time of 30 minutes in duration. (ii) In the event of an Employee remaining at work after the usual ceasing time without taking the crib time of twenty minutes and continuing at work for a period of two hours or more, he/she shall be regarded as having worked twenty minutes more than the time worked and be paid accordingly.

  • Travel Time Leave provided in paragraphs A and B of this Article shall apply to and cover actual and necessary travel to and from such meetings required during normal working hours on the day of the meeting or negotiations, except that MSEA-SEIU bargaining team members traveling 100 miles or more to negotiations shall be entitled to travel time outside of days of negotiations.

  • Compensatory Time Use An employee must use compensatory time prior to using vacation leave, unless this would result in the loss of their vacation leave or the employee is using vacation leave for domestic violence leave. Compensatory time must be used and scheduled in the same manner as vacation leave, as in Article 11, Vacation Leave. Employees may use compensatory time for leave as required by the Domestic Violence Leave Act, RCW 49.76. The Employer may schedule an employee to use their compensatory time with seven (7) calendar days’ notice.

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