Fab 3 definition

Fab 3 means the fabrication plant of SPTL located in Malaysia that is currently in development as of the date of this Agreement with an expected annual production capacity of up to 1.5 gigawatts of Solar Cells.
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Fab 3 means the fabrication plant of SPTL located in Malaysia that is currently in development as of the date of this Agreement with an expected annual production capacity of up to 1.5 gigawatts of Solar Cells. 4 1.45 “Fair Market Value” shall mean the price which could be negotiated in an arm’s-length, free market transaction, for cash, between a willing seller and a willing and able buyer, each having knowledge of the relevant facts, neither of whom is under undue pressure or compulsion to complete the transaction (but without any control premium or minority discount). In determining the Fair Market Value of any Shares, the standard of value to be used by the Independent Financial Expert shall be (i) the fair market value of such Shares as of the date in question, taking into account all relevant factors (but without any control premium or minority discount), and (ii) on the basis of the Entire Enterprise Value of the JVC multiplied by the percentage ownership interest of the holder of such Shares in the JVC. In determining the Fair Market Value of any Shares (including, but not limited to, in determining the amount of any applicable premium or discount), the Independent Financial Expert shall have sole and absolute discretion to make any assumptions, estimations and conclusions that it believes are reasonable in connection therewith and the determination of the Fair Market Value of such Shares by the Independent Financial Expert shall be final, binding and not subject to challenge. 1.46 “FCPA” has the meaning given to it in Section 18.8(a) of this Agreement. 1.47 “General Knowledge” has the meaning given to it in Section 10.6 of this Agreement. 1.48 “Generation C Solar Cells” shall mean the p-n junction configuration, passivation, contact structure and other cell construction specifics produced by SPTL’s Fab 2 factory in the Philippines for use in its standard module products (e.g. its E18 230 solar panel) as of the date of this Agreement. 1.49 “Governmental Authority” shall mean any United States, Taiwan or Malaysia, federal, national, supranational, state, provincial, municipal, local, or similar government, governmental, regulatory or administrative authority, agency or commission or any court, tribunal, or judicial or arbitral body. 1.50 “Governmental Order” shall mean any order, writ, judgment, injunction, decree, stipulation, determination or award entered by or with any Governmental Authority. 1.51 “*** Arrangement” has the meaning given to it in Secti...
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Examples of Fab 3 in a sentence

  • The Company acquired a semiconductor manufacturing facility in Puyallup, Washington, referred to as Fab 3, in July 2000.

  • The independent third party used the market approach and considered sales of comparable properties in determining the fair value of Fab 3.

  • The utilization rate of the Company’s 8-inch wafers in Fab 3 was calculated on the basis of 325,000 masks per month, which became effective during the period from 1 July 2013 to 30 June 2017.

  • In addition, interviews with management revealed that used uniforms are currently stored at a location that does not utilize inmate workers.

  • Further, social housing tenants have been shown to be less mobile than private housing tenants, as they pay below market rental prices, implying “lock-in effects” (Battu, Ada, and Phimister, 2008).

  • The Company delayed its intended production start up at Fab 3 due to deteriorating business conditions in the semiconductor industry during fiscal 2002.

  • The utilization rate of the Company’s 8-inch wafers in Fab 3 was calculated on the basis of 360,000 masks per month, which became effective on 1 July 2017.

  • The results of the production capacity analysis led the Company to determine that Fab 3’s capacity would not be needed in the foreseeable future and during the second quarter of fiscal 2003 the Company committed to a plan to sell Fab 3.

  • Accordingly, Fab 3 was classified as an asset held-for-sale as of September 30, 2002 and maintained that classification at March 31, 2004 given its continued intent to sell the facility within the next twelve months.

  • Included in the special charge for the year ended March 31, 2003 was a non-cash amount of $41.5 million, which pertained to the write-down of the Fab 3 fixed assets.

Related to Fab 3

  • Vector means an insect or other animal which normally transports an infectious agent that constitutes a public health risk;

  • coronavirus means severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2);

  • M1 is the calendar month, expressed as a number, in which the first day of the Interest Period falls;

  • Manufacturing means all activities related to the manufacture of a Compound, including planning, purchasing, manufacture, processing, compounding, storage, filling, packaging, waste disposal, labeling, leafleting, testing, quality assurance, sample retention, stability testing, release, dispatch and supply, as applicable.

  • Pyrolysis means the thermal degradation of a substance in the absence of any oxidising agent, which does not form part of the substance itself, to produce char and gas and/or liquid; and