Common use of Purchase Commitment Clause in Contracts

Purchase Commitment. Except as contemplated in Section 6.5(c)(ii), each Party shall (itself or through Affiliates) purchase one half (based on a measure of equivalent lots out per week with the equivalency being weighed based on the process complexity factors (as calculated by a formula to be mutually determined by the Parties) of the Y4 NAND Flash Memory Products) of the total L/M of Y4 NAND Flash Memory Products. The foregoing purchase commitment of each Party shall not be subject to reduction unless agreed in writing by the other Party, which may grant or withhold such approval in its sole discretion.

Appears in 3 contracts

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

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Purchase Commitment. Except as contemplated in Section 6.5(c)(ii6.3(c)(ii), each Party shall (itself or through Affiliates) purchase one half (based on a measure of equivalent lots out per week with the equivalency being weighed based on the process complexity factors (as calculated by a formula to be mutually determined by the Parties) of the Y4 Y3 NAND Flash Memory Products) of the total L/M of Y4 Y3 NAND Flash Memory Products. The foregoing purchase commitment of each Party shall not be subject to reduction unless agreed in writing by the other Party, which may grant or withhold such approval in its sole discretion.

Appears in 3 contracts

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

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