Excess Inventory definition

Excess Inventory means all Inventory and Special Inventory possessed or owned by Flextronics that is not required for consumption to satisfy the next [***] of demand for Products under the then-current purchase order(s) and forecast.
Excess Inventory means either of any Product, partially completed Product, Inventory or Special Inventory, or some or both, owned by Flextronics that is not required for consumption to satisfy the next [***] of demand for Products under the then current purchase order(s) and Forecast.
Excess Inventory means materials and components in Jabil inventory that are in excess of current Company demand that were reasonably purchased or are reasonably on non-cancelable, nonreturnable order by Jabil based on a Build Schedule Forecast, Build Schedule, or other written instruction by Company to Jabil, that exceed the next [***] days of Company’s Build Schedule Forecast, Build Schedule, and any other written instruction by Company to Jabil. Inventory becomes “Excess Inventory” when total inventory turns fall below [***] turns.

Examples of Excess Inventory in a sentence

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

  • Without limiting the foregoing in any respect, Contractor agrees that it shall not depreciate Turboprop Aircraft or Excess Inventory from and after the date hereof more slowly than it has historically depreciated such items, unless otherwise agreed in writing by Continental.

  • This in turn should lead to better services and lower energy prices for the consumer (Veldman, et al., 2010).


More Definitions of Excess Inventory

Excess Inventory has the meaning set forth in Section 2.1(n).
Excess Inventory has the meaning given in Clause 7.7.10;
Excess Inventory means Advertising Inventory allocated to CIM or LWP as described in SECTION 4.3.2 ADVERTISING INVENTORY SPLITS (i) that such party is unable to sell prior to the day before the date on which such Advertising Inventory is first scheduled to run or (ii) upon declaration or designation by the party to which such Advertising Inventory was originally allocated pursuant to SECTION 4.3.2 ADVERTISING INVENTORY SPLITS.
Excess Inventory means that the aggregate quantity of LNG and Regasified LNG stored or present at the Terminal (in m3, MMBtu and kWh), exclusive of the Minimum Inventory, in the Terminal equals the working LNG storage capacity of the Terminal at a time when an LNG Vessel is at the berth at the conclusion of its Scheduled Arrival Window and has not been fully unloaded.
Excess Inventory is defined as Materials on hand balance in excess of 180 days anticipated demand, is subject to the following:
Excess Inventory is defined as inventory on hand and Non-cancelable/Non-returnable on order that will be in excess of *** of demand as identified in either Orders or Forecasts.
Excess Inventory has the meaning set out in Article 13;