Obsolete item definition

Obsolete item means any part, component, sub-component or other deliverable hereunder, that is no longer in production by the OCM/OEM or an aftermarket manufacturer that has been provided express written authorization from the current design activity or original manufacturer.
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Obsolete item means any inventory item with no sales for such item in the last one hundred and eighty (180) days or any item that has been in inventory for greater than one hundred and eighty (180) days, with the exception of seasonal merchandise that is of such quality as to be usable and saleable without markdown in the Ordinary Course of Business during the applicable seasonal period, including without limitation, items acquired or retained in anticipation of the 2008 Christmas season.
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Examples of Obsolete item in a sentence

  • Obsolete item records cannot be removed when still attached to a borrower’s record, which leads to database management concerns such as slower response times and increased storage charges.

  • Obsolete item: HP Deskjet printer / SN MX12D1T055 / MD #HP990CXI.

  • Obsolete item recommendations8.1 OverviewThe Committee assessed MBS items within its area of responsibility for clinical relevance, which included reviewing items with low service volumes.

Related to Obsolete item

  • Contract Item or “Contract Items” means the list of items identified in Section

  • Raw material means any unprocessed material in its raw or natural state that is intended to become part of the components of a cannabis product.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Items means the finished goods or services which are intended for export from the United States, either directly or as an Indirect Export, meet the U.S. Content requirements in accordance with Section 2.01(b)(ii) of this Agreement and are specified in Section 4.A. of the Loan Authorization Agreement.