Common use of ICR Commitment Clause in Contracts

ICR Commitment. Flextronics agrees that it will pass on to Nortel Networks ICR equal to a certain percentage of the total revenue received from purchases of Repair Services made by Nortel Networks (“Total Revenue”). This percentage is defined as the “Committed ICR %”. [•]. If the Total Revenue is reduced because Nortel Networks has not purchased Repair Services from Flextronics for any of the reasons set out in Section 3.3.1(B) or (C), the ICR to be delivered shall be calculated as if the Total Revenue had not been so reduced.

ICR Commitment. Flextronics agrees that it will pass on to Nortel Networks ICR equal to a certain percentage of the total revenue received from purchases of Repair Services goods and services made by Nortel Networks Networks, excluding purchases of IRM and Non-integrated OEM (“Total Revenue”). This percentage is defined as the “Committed ICR %”. [•]. If the Total Revenue is reduced because Nortel Networks has not purchased Repair Services Products from Flextronics for any of the reasons set out in Section 3.3.1(B1.3.3(B), (C), (D) or (CE), the ICR to be delivered shall be calculated as if the Total Revenue had not been so reduced.