Safety Stock has the meaning set forth in Section 3.8.3.
Safety Stock has the meaning set forth in Section 6.1.
Safety Stock has the meaning set forth in Section 4.5(a).
Examples of Safety Stock in a sentence
Based on this updated annual usage reporting, the Supplier is required to adjust the amount of Safety Stock held.
The Supplier is required to store all Safety Stock in a facility secure against theft and unauthorized entry at all times.
DAEWOONG shall rotate the Safety Stock on a “First Expiry-First Out” basis for routine fulfillment of firm orders, subject to Article 7.
The Supplier undertakes to always have a Safety Stock of Products as negotiated and agreed upon between the Parties.
The Safety Stock shall be (i) maintained for the sole benefit of AEON and its Affiliates, (ii) shall be stored at a secure facility in compliance with GMP, and (iii) shall not be used for the benefit of any other customer of DAEWOONG.
More Definitions of Safety Stock
Safety Stock has the meaning set forth in Section 2.5.
Safety Stock means, with respect to a Product and for each month during the Term commencing three months after the First Commercial Sale of such Product in the United States, a quantity of the applicable Finished Product equal to the aggregate quantity of such Finished Product forecasted to be ordered for the entire Territory for the three months following such month in the Forecast most recently submitted by Eisai prior to such month, which Finished Product to qualify as Safety Stock during such month (a) must have been released pursuant to the Quality Agreement and (b) must meet the requirements of the warranty set forth in Section 6.13 at all times during such month.
Safety Stock means the level of finished Products to be maintained by CCC, in excess of the amount required to meet Nevro’s Purchase Orders, Minimum Order Quantities or Component lead times, which level is specified in Section 10.2 below.
Safety Stock means the Nevro requested level of Components to be purchased by CCC, and paid for by Nevro, in excess of the amount required to meet Nevro’s Purchase Orders, Minimum Order Quantities or Component lead times.
Safety Stock shall have the meaning as defined in §3;