Excess Material definition

Excess Material means material such as soil, sand, gravel, stone, or debris produced by the construction of an authorized diversion which material is not utilized in the construction of said diversion.
Excess Material is defined as material, sub-assemblies or Products purchased or manufactured and on hand at Supplier in reasonable compliance with a Purchase Order or a Forecast that is in excess of [ ]* of customer demand as projected in the Forecast.”
Excess Material means the quantity of Material that Supplier has on hand, which has been ordered, manufactured or acquired, based on VDS and which has been in inventory at Supplier’s manufacturing facility for [*] days and which also has no demand on a going forward basis. The Parties shall meet in good faith as part of the quarterly business review and resolve any Excess Material pursuant to Powerwave’s Excess and Obsolete Material Procedures, which are attached hereto as Exhibit C and incorporated herein by this reference.

Examples of Excess Material in a sentence

  • Excess Material carried into the cattleguard shall be removed when drainage is blocked or when it reaches 6 inches from the bottom of the cattleguard frame.

  • Excess Material carried into the cattle guard shall be removed when drainage is blocked or when it reaches 6 inches from the bottom of the cattle guard frame.

  • Allergan will use commercially reasonable efforts to return Raw Material for credit and cancel open orders if it is determined that the Raw Material is Excess Material or Obsolete Inventory.

  • Excess Material carried into the cattle guard shall be removed when drainage is blocked or when it reaches six inches from the bottom of the cattle guard frame.

  • In the event that METABOLEX does not instruct SIEGFRIED within the above mentioned [*]-day period, SIEGFRIED may dispose of the Excess Material in its sole and absolute discretion without any further liability or obligation to METABOLEX.


More Definitions of Excess Material

Excess Material means excavated material that is left over from construction/reconstruction or grading activities. Excess material is synonymous with spoils.
Excess Material means any excess DRUG SUBSTANCE from DRUG SUBSTANCE BATCHES manufactured by BI for the supply of PRODUCT to HORIZON to be determined by BI after HORIZON’s annual commercial purchase obligations for each commercial year under the AGREEMENT have been met. CONFIDENTIAL ▇▇▇▇: 151373
Excess Material means material such as soil, sand, gravel, stone, or debris, produced by the construction of an authorized activity which material is not utilized in such construction.
Excess Material means Parts that have been in Supplier’s inventory for more than [*****] which were purchased or manufactured by the Supplier based on NCR’s Forecasts.
Excess Material means Components, WIP or Products on hand or on order by Jabil for more than [****] and which were ordered, purchased or manufactured based on a MOQ, Forecast or Purchase Orders or other written instruction by Company to Jabil.
Excess Material. Modus Media will provide a monthly inventory report which will provide aging information by raw material component. Any raw materials not made into finished goods after 90 days will be subject to the storage charges set forth on Addendum B (Pricing). Should any raw materials not be made into Finished Goods within 180 days, at the end of 180 days, at the request of Modus Media, E-Stamp will purchase any remaining raw material and component inventory and authorize Modus Media to scrap the product, ship it to E-Stamp, or to continue to store at the storage charges set forth on the Addendum B. E-Stamp's purchase of such Excess Material will be charged at cost plus markup, as set forth on Addendum B. A scrapping fee, if applicable, will be determined on a case by case basis depending on circumstances. The scrapping fee shall be reduced or waived if Modus Media retains recycling benefit of scrapped materials. Modus Media reserves the right to charge E-Stamp for "cost of money" invested in raw materials stored for more than ninety (90) days. Addendum B sets forth applicable storage, and "cost of money" charges. Manufacturing: E-Stamp will provide a Purchase Order authorizing Modus Media to build products according to E-Stamp's forecast. Blanket Purchase Orders will be issued to cover the turnkey manufacturing. Separate POs will be issued for non-routine events and will be consistent with the prices set forth on Addendum B. Purchase Orders may be delivered in hard copy, fax, electronic mail, or via EDI message.
Excess Material means Components on hand that are no longer needed for current production of SSE's Product Units or that there is no SSE open Purchase Order for the following [*] or valid forecast for the following [*].