Long Lead Time definition
Examples of Long Lead Time in a sentence
Each revised list of Long Lead Time Components shall be deemed an amendment to Exhibit D.
In the event that Seller fails to present an updated list of Long Lead Time Components, (i) the Parties shall continue to rely on the preceding list (as updated in writing by the Parties) and (ii) Buyer will accept responsibility for Long Lead Time Components ordered outside the lead times set forth in the list provided that Seller can demonstrate to Buyer’s reasonable satisfaction that such components were ordered in accordance with the then-current vendor lead times.
Seller shall use its best efforts to reduce and minimize the number of Long Lead Time Components.
Seller shall otherwise be financially liable for all Long Lead Time Components.
Seller shall use reasonable efforts to update the list of Long Lead Time Components every ** ** and to present an updated list of Long Lead Time Components to Buyer.
Notwithstanding the above, JDSU shall not be responsible for any costs, charges or liability Special Inventory (in the case of Long Lead Time Components) outside the documented Lead-Time, or unauthorized procurement of Long Lead Time Components, Economic Order Inventory, Minimum Order Inventory, or NCNR Inventory.
All Long Lead Time Materials known as of the date of this Agreement will be documented on the Long Lead Time Materials List, which will be approved by Buyer within 10 days of this Agreement.
Seller may, from time to time, at the written request of Buyer hold Long Lead Time Components and finished Products in inventory to increase Buyer's sourcing flexibility in amounts authorized by Buyer and at the expense of Buyer.
Supplier will provide to Enphase each quarter a list of all Long Lead Time Materials (greater than 8 weeks) and the total quantity on order for each long lead time part.
Each Product Schedule shall document any applicable Long Lead Time Components and/or NCNR Inventory.