Common use of Inventory Allowance Clause in Contracts

Inventory Allowance. Supplier, at no cost to Buyer, shall extend an inventory allowance to Buyer for the purpose of financing Current Inventory and Excess Inventory (excluding Long-Term Excess Inventory). Such allowance (“Inventory Allowance”) shall be calculated as follows:

Appears in 1 contract

Sources: Master Supply Agreement (BK Technologies Corp)

Inventory Allowance. Supplier, at no cost to BuyerCustomer, shall extend an inventory allowance to Buyer Customer for the purpose of financing Current Inventory and Excess Inventory (excluding Long-Term Excess Inventory). Such allowance (“Inventory Allowance”) shall be calculated as follows:

Appears in 1 contract

Sources: Master Supply Agreement (IdentifySensors Biologics Corp.)