Material inventory definition
Examples of Material inventory in a sentence
Materials Management Material inventory assets as of the preceding year ended December 31st.
Obsolete Inventory: OEM shall take receipt of Non-Standard Material inventory that is: (i) aged inventory for a period of [***], and (ii) is not included in the monthly forecast (the “Obsolete Inventory”).
Patheon will supply the Client, no later than five (5) days following the last day of the preceding month, with a written summary report of the Active Material inventory for such prior month, in such detail requested and satisfactory to the Client, in order that the Client may properly account for the Active Material held by Patheon pursuant to this Agreement.
Material inventory levels will be based on the type and frequency of maintenance occurring at each maintenance facility.
Unless otherwise agreed, OEM will issue an Order for, and take receipt of all Non-Standard Material inventory that : (i) [***] and (ii) [***](the “Obsolete Inventory”) [***].
The Subcontractor shall be advised of the results of the audit, and may be invoiced for any lost or missing Tandem Issued Material inventory.
SIEGFRIED will supply JAZZ PHARMACEUTICALS, no later than [ * ] following the last day of the preceding month, with a written summary report of the Active Material inventory for such prior month, in such detail requested and satisfactory to JAZZ PHARMACEUTICALS, in order that JAZZ PHARMACEUTICALS may properly account for the Active Material held by SIEGFRIED pursuant to this Agreement.
Material Management Material inventory assets as of the preceding year ended December 31st.
Company will maintain this limit by purchasing, from Supplier on a quarterly basis, discontinued Material inventory over this [***] at the price paid by Supplier.
In order to achieve the aggregate Raw Material inventory described above, K-C shall notify Buyer of any Raw Material purchase that would cause Raw Material Inventories to exceed the amounts described in Exhibit D.