Risk Start definition
Examples of Risk Start in a sentence
Risk Start Wafers may be started and completed at the request of either party.
If Risk Start Wafers meet the applicable quality specifications and standards, Spansion shall pay the then current wafer price for Contract Wafers.
If Risk Start Wafers fail to meet the applicable quality specifications and standards, the parties shall share the expense of such Risk Start Wafers with the party initiating the request for Risk Start Wafers bearing [*******] and the other party bearing [*******] of the then current wafer price for Contract Wafers.
Risk Start Wafers shall be handled in the same manner as Contract Wafers absent specific instructions with the exception of shipping.
If Risk Start Wafers fail to meet the applicable quality specifications and standards, and both parties agreed to the production of Risk Start Wafers, then the parties shall share the expense of such Risk Start Wafers with each party bearing fifty percent (50%) of the then current wafer price for Contract Wafers.
SMIC shall comply with all instructions regarding Risk Start Wafers.
Such Risk Start Wafers are not to be shipped until all qualification tests have been completed and a shipping instruction is given to SMIC by Spansion.
The policy will expire on the Risk End date on the Proposal Form and Policy Schedule, or 30 days from the Risk Start Date, whichever is earlier.
Xicor will pay for all the Wafers started in the Facility against all Risk Start Orders.
Notwithstanding anything to the contrary, if Siemens does not accept such Risk Start requests and GateField nevertheless wishes to start such Risk Wafers, GateField may send Siemens a binding purchase order according to Exhibit 6 for such Risk Start Wafers.