Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its [***] of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its 50% share of the K1 Minimum Commitment) may, [***]
Appears in 2 contracts
Samples: K1 Facility Agreement (Sandisk Corp), K1 Facility Agreement (Western Digital Corp)
Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its [***] 50% share of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its 50% share of the K1 Minimum Commitment) may, [may ***]*. ****
Appears in 1 contract
Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its [***] of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its 50% share [***] of the K1 Minimum Commitment) may, [***]
Appears in 1 contract
Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its [***] * of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its 50% share **** of the K1 Minimum Commitment) may, [***]* (c)**** 5. PRIORITY 5.1 **** 5.2 ****.
Appears in 1 contract
Samples: New Y2 Facility Agreement
Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its [***] fifty percent (50%) share of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its fifty percent (50% %) share of the K1 K2 Ph1 Minimum Commitment) may, [***] [***]
Appears in 1 contract
Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its [***] * of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its 50% share **** of the K1 Minimum Commitment) may, [***]*
Appears in 1 contract
Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its [***] 50% share of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its 50% share of the K1 Minimum Commitment) may, may [***]. [***]
Appears in 1 contract
Samples: Y6 Facility Agreement (Sandisk Corp)
