Special Inventory definition

Special Inventory means any Long Lead Time Materials and/or Minimum Order Inventory and/or Economic Order Inventory.

Special Inventory means any Minimum Order Inventory, Economic Order Inventory, safety stock and other mutually-agreed Inventory acquired by Flextronics in excess of the Forecast to support flexibility or demand requirements.

Special Inventory. Shall have the meaning set forth in Section 3.5.

Examples of Special Inventory in a sentence

• Prior to invoicing Customer for the amounts due pursuant to Sections 6.1, 6.2, and this Section 6.3 (other than the carrying charges for Excess Inventory), Flex shall use commercially reasonable efforts for a period not to exceed fourteen (14) days from the date of any such reports, to return for refund unused Materials from Excess, Obsolete, Aged Inventory and Special Inventory, to cancel pending orders for such inventory, and to otherwise mitigate the amounts payable by Customer.

• Expiration or termination of this Agreement under any of the foregoing provisions: (i) shall not affect the amounts due under this Agreement by either party that exist as of the date of expiration or termination; and (ii) shall cause the provisions of Section 4.6 to apply with respect to payment and shipment to Customer of finished Products, Design Materials Inventory, Inventory, and Special Inventory in existence as of such date.

• Customer shall submit payment for the amounts identified and invoiced pursuant to this Section in accordance with the terms for payment set forth above in Section 4.6. Flex shall ship the Excess, Obsolete, and Aged Inventory and Special Inventory to Customer promptly following said payment by Customer.

• Customer is responsible under the conditions provided in this Agreement for all Materials, Inventory and Special Inventory purchased by Flex under this Section 5.

• In the event Customer does not pay in accordance with the payment terms set forth above, then, in addition to any late payment charges that Flex is due from Customer, Flex shall be entitled to dispose of such Excess, Obsolete, and Aged Inventory and Special Inventory in a commercially reasonable manner and credit to Customer any monies received from third parties.

More Definitions of Special Inventory

Special Inventory means, individually and collectively, Minimum Order Inventory and Economic Order Inventory, safety stock and other mutually agreed Inventory to support flexibility or demand requirements.

Special Inventory means any Long Lead Time Materials and/or Minimum Order Quantities.

Special Inventory means any Customer Specified Materials which are Long Lead Time or have Minimum or Economic Order Inventory requirements. Special Inventory must be identified and agreed to in advance, and in writing.

Special Inventory means components, materials, and supplies: i) with lead times greater than sixty (60) days at the time the order is placed (“Long Lead Time Components”), ii) purchased in quantities above the required amount in order to achieve price targets (“Economic Order”), or iii) purchased in excess of requirements because of minimum lot sizes available from manufacturers (“Minimum Order Quantity”), and with respect to each of the foregoing, purchased only with Mobileye’s prior written consent and only in accordance with the guidelines set forth in this Agreement.

Special Inventory means biological materials and consumable biological products that would otherwise constitute “Inventory”.

Special Inventory means any Long Lead Time Materials, Minimum Order Quantity Materials and/or Economic Order Materials, on hand or on order.

Special Inventory means, individually and collectively, Minimum Order Inventory and Economic Order Inventory, safety stock and other mutually agreed Inventory to support flexibility or demand requirements. Customer shall not be liable for Special Inventory for which Flextronics does not hold title, such as: (i) Material maintained in Vendor Managed Inventory (“VMI”) or stock rotation programs; (ii) Material that is returnable to the vendor or (iii) Material that has demand by other Flextronics customers as provided in Section 5.4(b). Confidential Treatment Requested. Confidential portions of this document have been redacted and have been separately filed with the Commission. FLEXTRONICS CONFIDENTIAL