Take or Pay. (a) Subject to Section 3.l(e), to the extent that Intel fails to purchase any Binding Forecast Wafers, Intel shall be obligated to pay Micron an amount equal to the sum of the Binding Forecast Wafers it fails to purchase multiplied by the applicable Final Price per Binding Forecast Wafer as set forth in Schedule 1.
Appears in 4 contracts
Samples: Wafer Supply Agreement (Micron Technology Inc), Supply Agreement (Micron Technology Inc), Supplemental Supply Agreement (Micron Technology Inc)
