Common use of Wafers Clause in Contracts

Wafers. Company will invoice Conexant for all Wafers upon completion of production of each Lot, at the applicable Wafer price calculated pursuant to Exhibit A (Pricing) in effect on the date of the invoice, less any applicable Wafer Credits (as defined in Section 6.2 (Wafer Credits) below). For Lots of Engineering Wafers, Company will invoice Conexant at the end of each month for all Moves completed with respect to such Engineering Wafers during such month, and upon completion of production for Engineering Wafers for any completed Moves not previously invoiced. Each invoice submitted to Company shall specifically set forth the Wafer Credits, if any, applied to such invoice. In Segments 1 through 6, Conexant shall pay any amounts due on such invoices within […***…] of the receipt of the invoice and in all subsequent Segments such payments shall be made within […***…] of receipt of the invoice. Notwithstanding any other provision hereof, neither Party may offset any amounts owed by such Party to the other Party against any amounts from such other Party, without such other Party’s express written agreement to such offset in each case.

Wafers. Company will invoice Conexant Skyworks for all Wafers upon completion of production of each Lot, at the applicable Wafer price calculated pursuant to Exhibit A (Pricing) in effect on the date of the invoice, less any applicable Wafer Credits (as defined in Section 6.2 (Wafer Credits) below). For Lots of Engineering Wafers, Company will invoice Conexant Skyworks at the end of each month for all Moves completed with respect to such Engineering Wafers during such month, and upon completion of production for Engineering Wafers for any completed Moves not previously invoiced. Each invoice submitted to Company shall specifically set forth the Wafer Credits, if any, applied to such invoice. In Segments 1 through 6, Conexant Skyworks shall pay any amounts due on such invoices within […. . . ***…* . . .] of the receipt of the invoice and in all subsequent Segments such payments shall be made within […. . . ***…* . . .] of receipt of the invoice. Notwithstanding any other provision hereof, neither Party may offset any amounts owed by such Party to the other Party against any amounts from such other Party, without such other Party’s express written agreement to such offset in each case.