Tier 1 Pricing definition

Tier 1 Pricing means pricing consistent with market maker or market leader pricing available from Intel for the particular chipset and CPU products to be provided by Intel to NCD under this Agreement and specifically set forth in the Statement of Work and other additional Statements of Work. Such Tier 1 Pricing will be consistent with pricing offered to other market makers or market leaders shipping the largest volume of units in a given market segment. CERTAIN INFORMATION IN THIS EXHIBIT 10.47 HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. [*] Confidential Treatment Requested - Edited Copies. INTEL AND NCD CONFIDENTIAL
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Tier 1 Pricing is defined in Section 2.2(a).
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Examples of Tier 1 Pricing in a sentence

  • If Borrower does not meet the Tier 2 Pricing Guideline at any month end, the Term Loan shall accrue interest at the Tier 1 Pricing.

  • The Term Loan accrues interest at a per annum rate of 2.00 percentage points above the Prime Rate ("Tier 1 Pricing"), provided that if Borrower meets the Tier 2 Pricing Guideline for 3 consecutive months (or immediately prior to the Closing Date), the Tier 2 Pricing shall become effective.

Related to Tier 1 Pricing

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Level III Pricing applies on any day on which (i) the Borrower’s long-term debt is rated A- or higher by S&P or A3 or higher by Moody’s and (ii) neither Level I Pricing nor Level II Pricing applies.

  • Level I Pricing applies on any day on which the Borrower’s long-term debt is rated A+ or higher by S&P or A1 or higher by Moody’s.

  • Level II Pricing applies on any day on which (i) the Borrower’s long-term debt is rated A or higher by S&P or A2 or higher by Moody’s and (ii) Level I Pricing does not apply.

  • Level IV Pricing applies on any day on which (i) the Borrower’s long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies.