NRE Payments Sample Clauses

NRE Payments. SEEQ shall pay Non-recurring Engineering ("NRE") charges as follows: 1.7.1 SEEQ shall pay to HMC all NRE charges incurred to establish [*] manufacturing in HMC's Facility, and shall pay such charges within thirty (30) days after receipt of an invoice therefor, as follows: (a) SEEQ shall pay to HMC [*] upon delivery to HMC of a completed mask set by the mask vendor; (b) SEEQ shall pay to HMC [*] upon delivery by HMC to SEEQ of eight (8) or more wafers from the first engineering lot under this Agreement; (c) SEEQ shall pay to HMC [*] upon delivery by HMC to SEEQ of eight (8) or more wafers from the second engineering lot under this Agreement. 1.7.2 SEEQ shall pay to HMC all NRE charges incurred to transfer the [*] product for manufacturing in HMC's Facility, and shall pay such charges within thirty (30) days after receipt of an invoice therefor, as follows: (a) SEEQ shall pay to HMC [*] upon delivery to HMC of a completed mask set by the mask vendor; (b) SEEQ shall pay to HMC [*] upon delivery by HMC to SEEQ of eight (8) or more wafers from the first engineering lot under this Agreement; (c) SEEQ shall pay to HMC [*] upon delivery [*] INDICATES THAT MATERIAL HAS BEEN OMITTED AND CONFIDENTIAL TREATMENT HAS BEEN REQUESTED THEREFOR. ALL SUCH OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE COMMISSION PURSUANT TO RULE 24b-2.
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NRE Payments. The Parties agree that NMI will for each new future Product or Shrink of an existing Product pay a compensation for the Non Recurring Engineering Costs ("NRE's") to Infineon. NRE-payment(s) to Infineon are partial compensation for the development work of Infineon involved. These NRE-payments will be mutually agreed by the Parties for each new Product or Shrink of an existing Product before the joint development of a new Product or Shrink starts. Infineon agrees to support NMI with reasonable NRE pricing. Pricing is to be similar to the methodology established in Infineon's September 22, 2000 proposal to NMI adjusted for inflation. NMI will place a Purchase Order for NRE's prior to the start of the development work of Infineon involved.
Sample 1
NRE Payments. Customer agrees to pay QTI $[***] for non-recurring engineering (NRE) costs related to integrating into the Product new power amplifiers developed by MegaRF Design, LLC (the “MegaRF PAs”). Customer agrees to pay QTI $[***] for NRE costs related to integrating into the Product new power amplifiers developed by QTI (the “QTI PAs”). The NRE payments shall be made according to the following schedule: i. [***] shall be payable by Customer to QTI [***]. ii. [***] shall be paid by Customer to QTI [***]. Notwithstanding the foregoing, QTI does not warrant that the either the MegaRF PAs or the QTI PAs will operate successfully within the Product. In the event that either the MegaRF PA or the QTI PA solutions fail or cause substandard performance of the Product, QTI shall have the right to terminate this Agreement. In the event that QTI terminates this Agreement pursuant to this section, Customer shall reimburse QTI for any unused portion of the Component Purchase. Customer acknowledges that Customer shall be responsible for any and all updates to or renewals of regulatory approvals, qualification and certifications of the Product due to the use of the New PAs. Upon request, QTI may provide reasonable assistance, subject to availability of resources.
Sample 1
NRE Payments. Subject to the set-off rights set forth in Section 6.7, within five Business Days of Purchaser’s receipt of the non-recurring engineering payments by [*] which arise upon the achievement of full performance compliance of the [*] portion of the [*] Letter of Intent (the “[*] NRE Payments”), Purchaser shall pay to the Company, by wire transfer to a bank account designated in writing by the Company to Purchaser, in immediately available funds in United States Dollars, such [*] NRE Payments.
Sample 1
NRE Payments. [***] 6.12.1. NRE Payment Terms. [***] ​ 6.12.2. NRE Refund. [***]
Sample 1
NRE Payments. (a) NRE Payment Requirement. If Applied fails to meet the Minimum Purchase Requirement set forth in the table above in any of these periods, and such failure is not otherwise excused hereunder, Applied will pay Therma-Wave a non-recurring fee (an "NRE Payment") equal to **** of the difference between the Minimum Purchase Requirement for such period and the total aggregate purchase price of Metrology Tools actually purchased by Applied and Affiliates during such period.
Sample 1

Related to NRE Payments

  • PRE-PAYMENT The Tenant shall: (check one)

  • Income Payments (a) Where a particular term of a Transaction extends over the date on which Income is paid in respect of any Purchased Asset subject to that Transaction, such Income shall be the property of Buyer. The Seller shall (i) segregate all Income collected by or on behalf of the Seller on account of the Purchased Assets and shall hold such Income in trust for the benefit of Buyer that is clearly marked as such in the Seller’s records and (ii) deposit all Income with respect to each Purchased Asset after the related Purchase Date and before the related Repurchase Date into the Collection Account within three (3) Business Days of receipt. Notwithstanding the foregoing, so long as no Event of Default has occurred and is continuing, neither Seller nor any Person acting on its behalf (as a servicer or otherwise) shall have an obligation to deposit any amounts into the Collection Account; provided that any Income received by the Seller while the related Transaction is outstanding shall be deemed to be held by the Seller solely in trust for Buyer pending the repurchase on the related Repurchase Date. (b) Notwithstanding anything to the contrary set forth herein, upon receipt by Seller of any prepayment of principal in full with respect to a Purchased Asset, Seller shall (i) provide prompt written notice to Buyer of such prepayment, and (ii) remit such amount to Buyer and Buyer shall apply such amount received by Buyer plus accrued interest on such amount against the Repurchase Price of such Purchased Asset pursuant to Sections 4(a)(i) and 6(d) but not on a pro rata basis.

  • Interim Payments Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.

  • Note Payments The Company agrees that, so long as any Purchaser shall hold any Note, it will make payments of principal of, interest on, and any Yield-Maintenance Amount payable with respect to, such Note, which comply with the terms of this Agreement, by wire transfer of immediately available funds for credit (not later than 12:00 noon, New York City local time, on the date due) to (i) the account or accounts of such Purchaser specified in the Purchaser Schedule attached hereto in the case of any Series A Note, (ii) the account or accounts of such Purchaser specified in the Confirmation of Acceptance with respect to such Note in the case of any Shelf Note or (iii) such other account or accounts in the United States as such Purchaser may from time to time designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser agrees that, before disposing of any Note, it will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph 11A to any Transferee which shall have made the same agreement as the Purchasers have made in this paragraph 11A.

  • Past Due Payments Provide the grace period (number of days) before a late charge is due if the tenant is late with rent payments. Specify whether the late charge will be a percentage of the monthly rent or a dollar amount per day. 15.

  • Lump Sum Payments The retiring allowance shall be paid in annual instalments, to a maximum of three

  • Overtime Payments Full-time and Part-time Employees

  • Non-Payment of Fees Timely payment of fees owing under this Section 5 is a material condition of performance under this Agreement. In the event that Registrar fails to pay its fees within five (5) days of the date when due, Verisign may: (i) stop accepting new initial or renewal registrations from Registrar; (ii) delete the domain names associated with invoices not paid in full from the Registry database; (iii) give written notice of termination of this Agreement pursuant to Section 6.1(b) below; and (iv) pursue any other remedy under this Agreement.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • EXPENSE PAYMENTS The Owner hereby gives power to the Agent to pay expenses and costs for the Property from the Owner’s funds held by the Agent, unless otherwise directed by the Owner. The expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, association or condominium dues, assessments, loan payments, and insurance premiums.

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