Common use of Current Inventory Clause in Contracts

Current Inventory. As used herein, “Current Inventory” means any Materials procured by Supplier in accordance with this Agreement which are not classified as Excess Inventory (including Long-Term Excess Inventory) or Obsolete Inventory.

Current Inventory. As used herein, “Current Inventory” means any Materials procured by Supplier in accordance with this Agreement which are not classified as Raw Material Safety Stock, Excess Inventory (including Long-Term Excess Inventory) or Obsolete Inventory.