Allowable Assembly Yield definition

Allowable Assembly Yield means the yield below which yield Contractor may be required to pay Company for 50% of the standard cost of Materials supplied by Company, not including Die, for the number of failed units below the Allowable Assembly Yield. The circumstances determining when payment is required are defined in Section 2.1(e)(ii). The Allowable Assembly Yield is determined by the Assembly Yield monthly average for the first three months following Production Start Up of a Generic Product Family. Affiliate: with respect to any Person, means any Person that directly or indirectly controls, is controlled by or is under common control with such Person.
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Examples of Allowable Assembly Yield in a sentence

  • The Contractor is liable for the Materials supplied by Company, according to the definition of Allowable Assembly Yield.

  • The Contractor is liable for the Materials supplied by Company, according to the definition of Allowable Assembly Yield, during the fourth through sixth months following Production Start Up. Beginning month seven (7) after Production Start Up, Contractor is responsible for procurement of all Materials required to Manufacture the Product except Die unless a delay to initiate procurement is approved, in writing, by Company.

  • When Contractor supplies Materials, such as packages, the Allowable Assembly Yield does not apply.

  • The Allowable Assembly Yield for each part number of Product is the average yield of the part number of Product experienced during the sixth consecutive month of quantity production, quantity being defined by Company.

  • As yield goals are attained, Company and Contractor shall jointly re-evaluate and establish new Allowable Assembly Yield parameters for each part number of Product.

  • Contractor is liable for the Materials supplied by Company, according to the definition of Allowable Assembly Yield.

  • The Contractor is liable for the Materials supplied by Company, according to the definition of Allowable Assembly Yield, during the fourth through sixth months following Production Start Up. Beginning month seven (7) after Production Start Up, Contractor is responsible for procurement of all Materials required to Manufacture the Product except Die unless a delay to initiate procurement is approved, in writing, by company.

  • The Contractor is liable for the Materials supplied by Company, according to the definition of Allowable Assembly Yield, during the fourth through sixth months following Production Start Up. Beginning month seven (7) after Production Start Up, Contractor shall be responsible for procurement of all Materials required to Manufacture the Product except Die.

  • Once the Allowable Assembly Yield is determined, Company and Contractor shall work together to establish yield goals, and a schedule for yield goal attainment, for each part number of Product.