Cost Reduction Efforts Sample Clauses

Cost Reduction Efforts. Company and Jabil shall pursue continuous cost reduction initiatives to ensure that available Sustainable and Competitive Pricing opportunities are reviewed. Such initiatives may include supply chain redesign, review of available Component suppliers, improved logistics solutions, manufacturing processes and test efficiency/elimination improvements, and, if necessary, process(es) and any Company-product redesign. Commencing [*], the Parties will target [*] total cost reduction on released and active Products per year for the first [*] of the life of each new Product. Jabil will demonstrate cost reduction improvements and report such results to Company [*] as part of a rolling cost management process with a [*] outlook for each Product.
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Cost Reduction Efforts. (A) Motorola and ASE agree to form a joint cost reduction task force focused on continuous cost improvements for Work on Contract Products, materials, and equipment. Demonstrated cost reductions resulting from joint efforts shall result in immediate price decreases to Motorola of * of the cost savings if such cost reductions are implemented by ASE for other customers, or * of the cost savings if limited to Work on Contract Products.
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Cost Reduction Efforts. During the term of this Agreement, Provider agrees to undertake commercially reasonable steps to maximize the value of the Services to Recipient by, among other things: [*] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
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Cost Reduction Efforts. Sabre shall reduce Hardware Costs by * % per year starting with the first anniversary following the Suspension Date or six months after the Implementation Date, whichever comes first, ("Hardware Date") in the following manner: (1) On or about the Hardware Date Sabre shall provide to TAM all Hardware Charges and associated vendor invoices in order to support these Hardware Charges, (2) The amount of these Hardware Charges shall be mutually agreed and entered into an Exhibit of the Agreement and shall be signed by both Parties ("Full Hardware Charges"), (3) on the first anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (4) on the second anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (5) on the third anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (6) on the fourth anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (7) beginning on the * anniversary of the Hardware Date and throughout the term of the Agreement, Sabre shall not charge TAM any Hardware Charges unless mutually agreed by the Parties. Sabre will work with TAM's support to implement a mutually agreed plan to reduce Telecom Charges in Brazil. The Parties shall agree upon this cost reduction plan no later than the Hardware Date. Among the strategies of the cost reduction plan, are the following: (1) Sabre and TAM will attempt to reduce applicable unit costs from Sabre Infrastructure vendor contracts as they expire, (2) Sabre and TAM will create value-added commercial packages, including, but not limited to special pricing and alternative compensation packages, to offer to Sabre Subscribers to encourage Sabre Subscribers to provide their own telecommunication lines, (3) approval for reasonable cost reductions shall not be unreasonably withheld by either party, (4) if an approval for a reasonable cost reduction is withheld for any reason other than a technical reason, the proposing Party's Telecom Charges shall be adjusted so that proposing Party shall receive the benefit of cost reduction as if the proposal was accepted, (5) TAM and Sabre shall agree on a letter to be signed by Sabre Subscribers authorizing Sabre to remove their communication lines due to an agreement between TAM and the Sabre Subscriber, and (6) i...
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Cost Reduction Efforts. 5.4.1 The Company does hereby grant to Distributor the right to assist the Company with efforts to reduce the costs of manufacturing the Products which are the subject of this Agreement. The Company shall permit Distributor to confer and meet with Company’s personnel and the personnel at Company’s house factory in China on a regular basis for the purposes of permitting cost reduction efforts as set forth herein.
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Cost Reduction Efforts. Solectron feels there are opportunities for future cost reduction, illustrated in the following examples (but not limited to): - Automation of current test stations - Design future platforms to be similar, with configuration done at the very end of the manufacturing process (i.e. choosing frequency range) - Reduction of ESS testing (by going to sampling, etc.) PROJECT TEAM The following people from Solectron will form the main team dedicated to Netrx, xxose main purpose will be to understand the transition requirements that will lead to full production of the radio product. - Henrx Xx, RF Training Manager - Tuy Xxxxx, XX Test Engineer - Mina Xxxxxx, Xxnufacturing Program Manager - Farexx Xxxxxxx-Xxxx, XX Engineering Manager - Hussxxx Xxxxx, XX Process Engineer - Vincxxx Xxxxxx, Xxocess Engineer - Mickx Xxxxxxxxxxxx, Xxterials Manager This team also has the ability to bring in backup support from the attached resource list, as needed for functional area.
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Cost Reduction Efforts. Solectron feels there are opportunities for future cost reduction, illustrated in the following examples (but not limited to): - Automation of current test stations - Design future platforms to be similar, with configuration done at the very end of the manufacturing process (i.e. choosing frequency range) - Reduction of ESS testing (by going to sampling, etc.) PROJECT TEAM The following people from Solectron will form the main team dedicated to Netrx, xxose main purpose will be to understand the transition requirements that will lead to full production of the radio product. - [***], RF Training Manager - [***], RF Test Engineer - [***], Manufacturing Program Manager - [***], RF Engineering Manager - [***], RF Process Engineer - [***], Process Engineer - [***], Materials Manager This team also has the ability to bring in backup support from the attached resource list, as needed for functional area. [***] CONFIDENTIAL TREATMENT REQUESTED
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Cost Reduction Efforts. Both parties agree to cooperate in good faith to work towards reducing costs to manufacture Nevro Products. Yield improvements and cost reductions will be reviewed by Supplier and Customer quarterly (or more frequently) for potential inclusion into product pricing. For Cost Reduction Projects that have been funded by Supplier and approved by Customer, after full cost recovery, Customer will receive [***]% of the demonstrated cost reduction upon implementation. If due to any circumstance Customer is unable to release Supplier initiated and funded cost reduction changes (i.e. due to regulatory or product management restrictions) then Customer will reimburse Supplier for [***]. For Cost Reduction Projects that have been initiated by Customer and funded by Customer, Customer will receive [***]% of the demonstrated cost reduction upon implementation.
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Related to Cost Reduction Efforts

  • Increased Costs and Reduction of Return (a) If any Lender determines that due to either (i) the introduction of or any change in the interpretation of any law or regulation or (ii) the compliance by that Lender with any guideline or request from any central bank or other Governmental Authority (whether or not having the force of law), there shall be any increase in the cost to such Lender of agreeing to make or making, funding or maintaining any LIBOR Rate Loans, then the Borrowers shall be liable for, and shall from time to time, upon demand (with a copy of such demand to be sent to the Agent), pay to the Agent for the account of such Lender, additional amounts as are sufficient to compensate such Lender for such increased costs.

  • Commercialization Efforts The RECIPIENT shall, including whether through its own efforts or the efforts of a licensee under a License Agreement allowed by the terms of this Attachment, use diligent and commercially reasonable efforts to commercialize at least one Commercial Product or Commercial Service or otherwise bring to practical application the Project Results in accordance with the commercial development plan submitted with the Application and including any changes to such commercial development plan in accordance with Section D3.01. For the avoidance of doubt, partnering or licensing activities shall be considered to be efforts to commercialize.

  • Commitment Reductions Any reduction of the Revolving Loan Commitments required or permitted hereunder shall reduce the Revolving Loan Commitment of each Lender having a Revolving Loan Commitment on a pro rata basis based on the Commitment Ratio of such Lender for the Revolving Loan Commitment.

  • Payment Reduction While a Deferral Election is in effect, deferrals described in Section 3.1 shall be withheld, based upon the percentage elected, from each payment of Compensation to which the Participant would otherwise have been entitled but for his Deferral Election.

  • Commitment Reduction The Borrowers shall have the right, upon at least two Business Days’ notice to the Administrative Agent, to terminate in whole or, upon same day notice, from time to time to permanently reduce ratably in part the unused portion of the Commitments; provided that each partial reduction shall be in the aggregate amount of $5,000,000 or in an integral multiple of $1,000,000 in excess thereof; provided, further, that the Commitments may not be reduced to an amount that is less than the aggregate Stated Amount of outstanding Letters of Credit. Subject to the foregoing, any reduction of the Commitments to an amount below $200,000,000 shall also result in a reduction of the L/C Commitment Amount to the extent of such deficit (with automatic reductions in the amount of each L/C Fronting Bank Commitment ratably in proportion to the amount of such reduction of the L/C Commitment Amount). Each such notice of termination or reduction shall be irrevocable; provided, further, that, if, after giving effect to any reduction of the Commitments, any Borrower Sublimit exceeds the amount of the aggregate Commitments, such sublimit shall be automatically reduced by the amount of such excess. Without limiting subsection (b) below, any Commitment reduced or terminated pursuant to this subsection (a) may not be reinstated.

  • Restructuring Efforts If the Company shall have failed to obtain the Requisite Company Vote at the duly convened Company Meeting or any adjournment or postponement thereof, then, unless this Agreement has been terminated in accordance with its terms, each of the parties shall in good faith use its reasonable best efforts to negotiate a restructuring of the transaction provided for herein (it being understood that neither party shall have any obligation to alter or change any material terms, including the amount or kind of the consideration to be issued to holders of Company Common Stock as provided for in this Agreement, in a manner adverse to such party or its stockholders or shareholders, as applicable) and/or resubmit this Agreement or the transactions contemplated hereby (or as restructured pursuant to this Section 6.17) to the Company’s shareholders for approval.

  • Marketing Efforts In connection with an underwritten offering, cause its officers to use their commercially reasonable efforts to support the marketing of the Registrable Securities covered by such offering (including participation in “roadshows” or other similar marketing efforts).

  • Application of Commitment Reductions; Payment of Fees The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit or the Swing Line Sublimit or the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments shall be paid on the effective date of such termination.

  • Further Action; Efforts (a) Subject to the terms and conditions of this Agreement, prior to the Effective Time, each party will use reasonable best efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable under applicable Law to consummate the Merger, the Distribution and the other transactions contemplated by this Agreement and the Spin-Off Transaction Agreements, including using its reasonable best efforts to obtain all necessary actions or non-actions, waivers, consents and approvals from Governmental Entities, including any required action or non-action under Antitrust Laws, and to make all necessary registrations and filings and take all steps as may be necessary to obtain such required waiver, consent or approval from any Governmental Entity. In furtherance and not in limitation of the foregoing, the parties hereto agree to (i)(A) make an appropriate filing of a Notification and Report Form pursuant to the HSR Act as promptly as practicable (and in any event within ten (10) Business Days after the date of this Agreement), and (B) supply as promptly as practicable any additional information and documentary material that may be requested pursuant to the HSR Act and use reasonable best efforts to take all other actions necessary, proper or advisable to cause the expiration or termination of the applicable waiting periods under the HSR Act as soon as practicable, and (ii) use reasonable best efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable under applicable Law to obtain all other required waivers, consents and approvals from Governmental Entities. The parties will also consult and cooperate with one another, and consider in good faith the views of one another, in connection with, and provide to the other parties in advance, any analyses, appearances, presentations, memoranda, briefs, arguments, opinions and proposals made or submitted by or on behalf of any party hereto in connection with proceedings under or relating to any Antitrust Laws. Without limiting the foregoing, the parties hereto agree (A) to give each other reasonable advance notice of all meetings with any Governmental Entity relating to any Antitrust Laws, (B) to the extent permitted by such Governmental Entity, to give each other an opportunity to participate in each of such meetings, (C) to the extent practicable, to give each other reasonable advance notice of all substantive oral communications with any Governmental Entity relating to any Antitrust Laws, (D) if any Governmental Entity initiates a substantive oral communication regarding any Antitrust Laws, to promptly notify the other party of the substance of such communication, (E) to provide each other with a reasonable advance opportunity to review and comment upon all written communications (including any analyses, presentations, memoranda, briefs, arguments, opinions and proposals) with a Governmental Entity regarding any Antitrust Laws and (F) to provide each other with copies of all written communications to or from any Governmental Entity relating to any Antitrust Laws. Any such disclosures or provision of copies by one party to the other may be made on an outside counsel basis if appropriate. Nothing in this Section 5.7(a) shall require the Company or its Subsidiaries to take or agree to take any action with respect to its business or operations unless the effectiveness of such agreement or action is conditioned upon the Closing.

  • Agent Efforts Upon the terms and subject to the conditions set forth in this Agreement, upon the receipt of an Issuance Notice, the Agent will use its commercially reasonable efforts consistent with its normal sales and trading practices to place the Shares with respect to which the Agent has agreed to act as sales agent, subject to, and in accordance with the information specified in, the Issuance Notice, unless the sale of the Shares described therein has been suspended, cancelled or otherwise terminated in accordance with the terms of this Agreement. For the avoidance of doubt, the parties to this Agreement may modify an Issuance Notice at any time provided they both agree in writing to any such modification.

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