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Last Buy definition

Last Buy means the Products that Customer or System Owner purchases from Supplier prior to Product Discontinuation to account for the anticipated rate of defect for such Products.
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Last Buy means the replacement Products that Customer needs to purchase from Seller prior to Product Discontinuation to account for the anticipated rate of defect for such Products.
Sample 1

Examples of Last Buy in a sentence

  • Seller shall provide Agilent written advance notice (hereafter “Product Discontinuance Notice” or “PDN”) of any product discontinuances as soon as possible but no later than six (6) months before the Last Buy Date (LBD).

  • Riverstone shall not be obligated to accept any Last Buy Order which exceeds one hundred and fifty (150%) percent of the Product units that Tellabs ordered during the twelve (12) month period prior to the date of the relevant Product Withdrawal Notice.

  • Tellabs may, within sixty (60) days after receipt of a Product Withdrawal Notice, submit a single, non-cancelable "Last Buy" Order for the affected Product prior to the Effective Date of the withdrawal.

  • Seller shall provide KEYSIGHT written advance notice (hereafter “Product Discontinuance Notice” or “PDN”) of any product discontinuances as soon as possible but no later than six (6) months before the Last Buy Date (LBD).

  • Within [*] days of EOL notification from BROCADE ("EOL Notification Period"), McDATA may (i) [*] for the affected Hardware subassembly component, or (ii) notify BROCADE in writing that McDATA will [*] for sufficient units of the relevant component from [*] and arrange for the [*] to the facility designated by BROCADE ("Last Buy Notification").

  • Supplier shall confirm the Last Buy amount and supply schedule within thirty (30) days of receiving Customer’s Last Buy Notice.

  • STS reserves the right to cease or restrict the production and delivery of any Product and to redesign or modify any Product without incurring obligations towards the Distributor other than those of meeting purchase orders already received, provided that: (a) the Distributor will be notified in writing of a Product withdrawal at least three (3) month's in advance, and (b) at the end of this three (3) month's period, the Distributor will be able to send to STS a " Last Buy Order ".

  • If it becomes recognizable for the Supplier within the 15-year period that it will no longer be possible for him to supply Xx. Xxxxxxxxx with replacement parts, he shall inform Xx. Xxxxxxxxx at least 6 months prior to discontinuance and give Xx. Xxxxxxxxx the opportunity to obtain a sufficient quantity of replacement parts ("Last Buy Option") and/or support Xx. Xxxxxxxxx in obtaining a different source for replacement parts in a reasonable scope at his own expense.

  • Customer shall determine the Last Buy amount and notify Supplier within sixty (60) days of receiving Supplier’s notification of Product Discontinuation (“Customer’s Last Buy Notice”).

  • Provided that BROCADE receives such Last Buy Notification within [*] days from the date of BROCADE's EOL notification, the parties will negotiate in good faith the terms whereby BROCADE would [*] the affected Hardware subassembly.

Related to Last Buy

  • Comcast means Comcast Corporation, a Pennsylvania corporation.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Distributor / Distribution Company means Company(ies), Firm(s), Sole Proprietorship concern(s), individual(s), Banks or any other Financial Institution appointed by the Management Company under intimation to the Trustee for performing any or all of the Distribution Functions and who are registered with MUFAP as Registered Service Providers. The Management Company may itself also performs the Distribution Function.

  • Australian Regional Health Group means a collective of regional health funds that negotiates hospital purchaser provider agreements with providers and monitors the registration process of relevant general treatment providers.

  • Oracle “we,” “us,” or “our”) and (“You”). This Agreement sets forth the terms and conditions that govern orders placed under this Agreement.

  • Day-ahead Energy Market means the schedule of commitments for the purchase or sale of energy and payment of Transmission Congestion Charges developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix. “Day-ahead Energy Market Injection Congestion Credits” shall mean those congestion credits paid to Market Participants for supply transactions in the Day-ahead Energy Market including generation schedules, Increment Offers, Up-to Congestion Transactions, import transactions, and Day-Ahead Pseudo-Tie Transactions. “Day-ahead Energy Market Transmission Congestion Charges” shall be equal to the sum of Day- ahead Energy Market Withdrawal Congestion Charges minus [the sum of Day-ahead Energy Market Injection Congestion Credits plus any congestion charges calculated pursuant to the Joint Operating Agreement between the Midcontinent Independent Transmission System Operator, Inc. and PJM Interconnection, L.L.C. (PJM Rate Schedule FERC No. 38), plus any congestion charges calculated pursuant to the Joint Operating Agreement Among and Between New York Independent System Operator Inc. and PJM Interconnection, L.L.C. (PJM Rate Schedule FERC No. 45), plus any congestion charges calculated pursuant to agreements between the Office of the Interconnection and other entities, as applicable)]. “Day-ahead Energy Market Withdrawal Congestion Charges” shall mean those congestion charges collected from Market Participants for withdrawal transactions in the Day-ahead Energy Market from transactions including Demand Bids, Decrement Bids, Up-to Congestion Transactions, Export Transactions, and Day-Ahead Pseudo-Tie Transactions.

  • Eligible next Michigan business means that term as defined in section 3 of the Michigan economic growth authority act, 1995 PA 24, MCL 207.803.

  • Marketplace seller means a seller that makes one or more retail sales through a marketplace that a marketplace facilitator owns, operates, or controls, regardless of whether the seller is required to be registered to collect and remit the tax under this part.

  • Public Source means each source of Publicly Available Information specified as such in the Issue Terms (or, if a source is not so specified, each of Bloomberg Service, Dow Jones Telerate Service, Reuter Monitor Money Rates Services, Dow Jones News Wire, Wall Street Journal, New York Times, Nihon Keizai Shinbun, Asahi Shinbun, Yomiuri Shinbun, Financial Times, La Tribune, Les Echos and The Australian Financial Review (and successor publications), the main source(s) of business news in the country in which the Reference Entity is organised and any other internationally recognised published or electronically displayed news sources).

  • Apex means a point on an alluvial fan or similar landform below which the flow path of the major stream that formed the fan becomes unpredictable and alluvial fan flooding can occur.

  • AMC means Annual Maintenance Contract

  • Commercial Mobile Radio Services (CMRS) means Commercial Mobile Radio Service, As Defined in the Act and FCC rules.

  • Depot means a place operated as a business for the collection of empty Containers.

  • CSDCC means the China Securities Depository and Clearing Co., Ltd. “CSRC” means the China Securities Regulatory Commission.

  • NYSE American means the NYSE American LLC;

  • Brands means the Sprint PCS Brands and the Sprint Brands.

  • AT&T SOUTHEAST REGION 9-STATE means the AT&T owned ILEC(s) doing business in Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina and Tennessee.

  • Crop Tree means the largest undamaged conifer trees with good form and free of disease.

  • Business Systems means all Software, computer hardware (whether general or special purpose), electronic data processing, information, record keeping, communications, telecommunications, networks, interfaces, platforms, servers, peripherals, and computer systems, including any outsourced systems and processes, that are owned or used or held for use in the conduct of the Company Business.

  • Oracle Open Source Service Offering(s) means the Oracle Linux Service Offering(s), the Oracle VM Service Offering(s), and the Oracle Verrazzano Service Offering(s).

  • GVWR means gross vehicle weight rating.

  • Trading Affiliate has the meaning set forth in Section 3.2(h).

  • Company IT Systems means all Software, computer hardware, servers, networks, platforms, peripherals, and similar or related items of automated, computerized, or other information technology (IT) networks and systems (including telecommunications networks and systems for voice, data and video) owned, leased, licensed, or used (including through cloud-based or other third-party service providers) by the Company.

  • Large group market means the health insurance market under which individuals obtain health

  • Mobile Services means the mobile telecommunications service which we provide you under Part D and as specified in your Application.

  • Student media means any means of communication that are:

Most Referenced Clauses

Most Referenced Definitions