Aged Inventory definition

Aged Inventory means any Inventory and Special Inventory for which there has been zero or insignificant consumption for such Inventory over the past [***], which includes any particular item that Flextronics has had on hand for more than [***].

Aged Inventory means any Inventory and/or Special Inventory for which there has been zero or insignificant consumption for such Inventory and/or Special Inventory during the prior 180 days.

Aged Inventory means either of any Product, partially completed Product, Inventory or Special Inventory, or some or all, for which there has been zero or insignificant consumption over the past six (6) months, which includes any particular item that Flex has had on hand for more than six (6) months.

Examples of Aged Inventory in a sentence

• At the end of every calendar month, Flextronics shall report the Aged Inventory.

• Flextronics will ship the Inventory, Special Inventory, Excess Inventory, Obsolete Inventory and/or Aged Inventory purchased by Customer pursuant to this Section 5 to Customer promptly upon said payment by Customer.

• In the event Customer does not pay within thirty (30) days, Flextronics will be entitled to dispose of such Inventory, Special Inventory, Excess Inventory, Obsolete Inventory and/or Aged Inventory in a commercially reasonable manner and credit to Customer any monies received from third parties.

• At the end of every calendar month, Flextronics shall report the Aged Inventory to Customer.

• After a validation period, which shall not exceed 15 days, Customer shall purchase the Aged Inventory at a price equal to the Affected Inventory Costs.

More Definitions of Aged Inventory

Aged Inventory means any Inventory (other than Replenishment Inventory, Ongoing Inventory or any Piece Goods Inventory) more than six (6) months old and subject of a Customer Order as of any date of determination.

Aged Inventory means any Inventory and/or Special Inventory for which there has been zero or insignificant consumption

Aged Inventory means any Inventory (including Special Inventory) for which there has been [***] consumption over the past [***], which includes any particular item that Supplier has had on hand for more than [***].

Aged Inventory means the portion of the Inventories which is at least twelve (12) months old as at the Closing Date. The Aged Inventory and its book value prior to the Aged Inventory Adjustment are identified in Exhibit B of the Disclosure Letter on a warehouse basis, save and except for the book value of equipment Inventory for sale which is identified in Exhibit B of the Disclosure Letter on a consolidated basis. The manufacturer warranties on the equipment for sale shall be excluded from the Aged Inventory. The identification of the Aged Inventory and the determination of its book value prior to the Aged Inventory Adjustment in Exhibit B of the Disclosure Letter have been made in accordance with past practices;

Aged Inventory means any items of inventory that were purchased by the Target Company prior to 1 August 2017, the quantum of which was agreed between the parties to the IPA.

Aged Inventory is defined as any Necessary or Customized Materials more than * old from the SYNNEX receiving date. This Aged Inventory shall be paid in accordance with the * rolling cash deposits to SYNNEX as set forth in Exhibit B (rev 2). The * rolling cash deposits for Aged Inventory shall commence as of *.

Aged Inventory is defined as any Necessary or Customized Materials more than * old from the SYNNEX receiving date. VA Linux shall reimburse SYNNEX as a prepayment for any * Aged Inventory in accordance with Section 2.2.1(ii) or Section 2.2.1(iii), as applicable, and by no later than *. SYNNEX shall pay VA Linux the reselling price of Necessary Materials (prepaid in full by VA Linux) within * after such resale. This prepayment for * Aged Inventory shall commence as of *.