Lehi Fab definition

Lehi Fab shall have the meaning set forth in the LLC Operating Agreement.
Lehi Fab means that wafer fabrication plant located in Lehi, Utah, USA, that, as of the Effective Date, is owned by IMFT.
Lehi Fab means the Fab to be built out by the Joint Venture Company or one of its Subsidiaries at Lehi, Utah.

Examples of Lehi Fab in a sentence

  • Each such report shall list separately the property, plant and equipment located at the MTV Fab and property, plant and equipment located at the Lehi Fab.

  • Such register shall list separately the property, plant and equipment located at the MTV Fab and property, plant and equipment located at the Lehi Fab.

  • Except as otherwise agreed to by the Parties, IMFT shall make the appropriate adjustments to its books and fixed asset register to reflect the physical assets at the MTV Fab and the Lehi Fab as determined by the physical inspections conducted pursuant to S ections 4.10(A)(1) and (2), as applicable, and any investigations conducted pursuant to S ection 4.10(A)(3).

  • If there are three or more discrepancies (whether in the initial sample or when aggregated with the results of the additional sample) or if any discrepancy exceeds $5,000,000 of net book value of equipment, then, Intel may, and IMFT and Micron shall permit Intel to, conduct an inspection of all parent tools, each with a current book value as of the end of the preceding fiscal month in excess of $100,000, at the Lehi Fab before the Closing.

  • IMFT shall (a) make reasonable efforts to investigate each discrepancy identified as a result of the inspections at the MTV Fab or the Lehi Fab, (b) report the findings of such investigations to Intel and Micron and (c) resolve all discrepancies prior to the Closing to the satisfaction of Intel and Micron.


More Definitions of Lehi Fab

Lehi Fab shall have the meaning ascribed to it in the Operating Agreement.
Lehi Fab means the Fab to be built out by the Joint Venture Company or one of its Subsidiaries at Lehi, Utah. “Lehi Lease” shall have the meaning ascribed to such term in the Master Agreement.
Lehi Fab means the Fab at Lehi, Utah.
Lehi Fab means the Fab contemplated by the U.S. Initial Business Plan to be built out by the U.S. Joint Venture Company or one of its Subsidiaries at Lehi, Utah.
Lehi Fab shall have the meaning set forth in Section 4.10(A)(2) of this Agreement.
Lehi Fab means the Fab to be built out by the U.S. Joint Venture Company or one of its Subsidiaries at Lehi, Utah. “[***]” means the [***] in effect from time to time (as reported in the [***]).
Lehi Fab means the Fab contemplated by the U.S. Initial Business Plan to be built out by the U.S. Joint Venture Company or one of its Subsidiaries at Lehi, Utah. “Liquidating Event” means anything that is a “Liquidating Event” under any Applicable Joint Venture Agreement.