As of 12:01 A Sample Clauses

As of 12:01 A. M. on the Effective Date, National will own all Wafers located at the Facilities which Xxxxxxxxx has commenced processing but which have not yet been completed in accordance with the pertinent Process flow. Unless expressly directed in writing by National otherwise, Xxxxxxxxx shall continue to process each Wafer to a normal state of completion in the applicable Wafer Module. National shall pay Xxxxxxxxx for the accumulated additional processing costs, plus a twenty-five percent (25%) xxxx up, for the additional processing taking place on and after the Effective Date. The provisions of Sections 10, 11 and 12 hereof shall specifically apply to all such Wafers.
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Related to As of 12:01 A

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  • Article Applicable to Paying Agents In case at any time any Paying Agent other than the Trustee shall have been appointed by the Company and be then acting hereunder, the term "Trustee" as used in this Article shall in such case (unless the context otherwise requires) be construed as extending to and including such Paying Agent within its meaning as fully for all intents and purposes as if such Paying Agent were named in this Article in addition to or in place of the Trustee; provided, however, that Section 13.13 shall not apply to the Company or any Affiliate of the Company if it or such Affiliate acts as Paying Agent.

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