Common use of Reticle Holds Clause in Contracts

Reticle Holds. FoundryCo agrees to retain reticles for Products for at least [****] months following the last applicable Product delivery for the applicable reticle. At the end of such [****] month period, upon agreement by the parties, FoundryCo may return such reticles to AMD at AMD’s expense if no applicable Product has been forecasted by AMD.

Appears in 4 contracts

Samples: Wafer Supply Agreement (Advanced Micro Devices Inc), Wafer Supply Agreement (Advanced Micro Devices Inc), Wafer Supply Agreement (Advanced Micro Devices Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!