Common use of Equal Participation and Purchase Price Per Unit Generally Clause in Contracts

Equal Participation and Purchase Price Per Unit Generally. The Parties intend to meet demand for increased capacity by equally investing in, and jointly building, and sharing, on equal or substantially equal terms, equal amounts of new capacity for Y5 NAND Flash Memory Products, except as otherwise provided herein. So long as each Party’s Threshold NAND Capacity Ratio (as defined below) is greater than or equal to ****, each Party will pay **** of the same product and same design rule.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement (Sandisk Corp), Master Agreement (Sandisk Corp)

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Equal Participation and Purchase Price Per Unit Generally. The Parties intend to meet demand for increased capacity by equally investing in, and jointly building, and sharing, on equal or substantially equal terms, equal amounts of new capacity for Y5 NAND Flash Memory Products, except as otherwise provided herein. So long as each Party’s Threshold NAND Capacity Ratio (as defined below) is greater than or equal to [****], each Party will pay [**** ] of the same product and same design rule.

Appears in 2 contracts

Samples: Master Agreement (Sandisk Corp), Master Agreement (Western Digital Corp)

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