Second Development Period definition

Second Development Period means the period beginning on January 1, 2019, and ending on December 31, 2020.
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Second Development Period means the Parties' mutually agreed upon start date after the end of the First Development Period and the date that: (1) a volume manufacturing line or lines installed in Licensee's factory capable of producing [*] ([*]) Rambus RDRAM memory type wafer level packages per month at a total cumulative yield of [*]% or more on three separate consecutive sample lots (or another yield as mutually agreed to by the Parties in a signed writing); and (2) any know how or process for the WAVE Equipment is available to third party equipment vendors for sale of such equipment to Tessera, Licensee or any other Tessera WAVE licensee. As of the WAVE Effective Date, it is the good faith intention of the Parties that the wafer level package of choice will be a Wafer Level Wave Package; however, prior to or during the Second Development Period, the Parties may mutually decide, in a signed writing, that such wafer level development will include or embody other package structures. The time period of the Second Development Period shall not exceed a one (1) year period.
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Examples of Second Development Period in a sentence

  • Notwithstanding the prior sentence, Seller shall not have the right to revise the Facility Net Capacity to the extent that such revised Facility Net Capacity would cause the Project Net Capacity to exceed the First Development Period Maximum Capacity during the First Development Period, the Second Development Period Maximum Capacity during the Second Development Period, or the Third Development Period Maximum Capacity during the Third Development Period.

  • If the Project Net Capacity as of the end of the Third Development Period is less than the Second Development Period Minimum Capacity, then the Third Development Period Minimum Capacity and Third Development Period Maximum Capacity shall each be reduced (such reduction to be effective as of the end of the Third Development Period) by an amount equal to the difference of (i) the Second Development Period Minimum Capacity, minus (ii) the Project Net Capacity as of the end of the Third Development Period.

  • Immediately upon the end of the First Development Period, the Parties will discuss the development time line and milestones for the Second Development Period.

  • The addition of properties and Leases pursuant to this Section 3.11(a) will not result in any change in the First Development Period Minimum Capacity, First Development Period Maximum Capacity, Second Development Period Minimum Capacity, Second Development Period Maximum Capacity, Third Development Period Minimum Capacity, or Third Development Period Maximum Capacity.

  • Second Development Period - 10 Years (years 11 thru 20) Total Equity $ 383,312,086 20.00% Total Debt $1,533,248,345 80.00% The third phase will consist of the development of 7,500 homes as well as a third town center and will occur between years twenty-one (21) and thirty (30).

  • For the avoidance of doubt, the Guaranteed Generation, Maximum Generation, and dates of First Development Period, Second Development Period and Third Development Period will not be revised to reflect any such change in the properties comprising the Leases, and once added properties and associated Leases are included within the Leases for a Facility hereunder, they will be subject to all of the terms and conditions applicable to Leases for Facilities hereunder.

  • After the Second Development Period, Licensee hereby grants to Tessera a world-wide, fully-paid, non-exclusive, non-sublicensable, non-transferable, perpetual, right to use any Licensee WAVE Improvements and Licensee's Patents relating in the area of WAVE Technology and covering any inventions and equipment conceived of after said Second Development Period of this Agreement to manufacture, have manufactured, use or sell products.

  • During the Second Development Period, Tessera and Licensee hereby agree as a first priority to begin specifying and developing processes and machinery necessary to manufacture high volume Wafer Level WAVE Packages, embodied in at least one machine referred to as "Wafer Level WAVE Equipment." Tessera and Licensee shall develop jointly agreed upon specifications and mutually agree on the design of such equipment, as set forth in section III.1., above ("Parallel Development").

  • The designation of Facilities pursuant to this Section 3.11(a) will not result in (a) any change in the First Development Period Minimum Capacity, First Development Period Maximum Capacity, Second Development Period Minimum Capacity, Second Development Period Maximum Capacity, Third Development Period Minimum Capacity, or Third Development Period Maximum Capacity, and (b) a change of the dates of the First Development Period, Second Development Period, and Third Development Period.

  • Notwithstanding, Tessera shall not have the right to sublicense the specific embodiments of WAVE Equipment solely developed by Licensee during the First or Second Development Period.

Related to Second Development Period

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).

  • Land development means the erection of buildings or structures on land, or the change of use of land, including township establishment, the subdivision or consolidation of land or any deviation from the land use or uses permitted in terms of an applicable land use scheme;

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • spatial development framework means the Mhlontlo Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Clinical Development means the conduct of clinical trials in humans to assess the dosing, safety and/or efficacy of the Product, including but not limited to Phase I Clinical Trials, Phase II Clinical Trials, Phase Ill Clinical Trials and Phase IV Clinical Trials.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Economic development incentive means a financial incentive,

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Project Period means the period es- tablished in the award document dur- ing which Federal sponsorship begins and ends.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • authorised development means the development and associated development described in Schedule 1 (authorised development) and any other development authorised by this Order, which is development within the meaning of section 32 of the 2008 Act;