Examples of Wafer Volume Commitment in a sentence
All determinations of whether Wafer Volume Commitments have been met during any Working Segment shall be determined at the end of such Working Segment, and all amounts to be paid in respect of portions of the Wafer Volume Commitment not purchased in accordance with this Section will be tracked monthly, and reconciled and paid at the end of each Working Segment.
During Segments 1 through 12, Conexant may submit its requirements for Specialty Wafers in excess of the Wafer Volume Commitment to Company, which, provided that it has sufficient Uncommitted Available Capacity, shall be obligated to produce such Wafers.
Company shall provide Probe Services for all Wafers produced for Conexant by the Company that are included in the Wafer Volume Commitment, at no additional charge.
For Wafers purchased by Conexant in excess of the Wafer Volume Commitment during Segments 13 through 18, the price of the Wafers will increase from the Contract Price to the Basic Price on a stepped basis, as further described in Section 2.1(d)(i).
If Conexant and Participating Spin-offs partition Wafer Volume Commitments as set forth above, the determination of whether the Wafer Volume Commitment is met will be determined on a collective basis, and no additional payments to meet the Wafer Volume Commitment will be due to Company if the total number of Wafers purchased by Conexant and Participating Spin-offs is sufficient to meet or exceed the applicable Wafer Volume Commitment.
For Wafers purchased by Conexant to fulfill its Wafer Volume Commitment and, except as set forth in this Supply Agreement, for all additional Wafers purchased by Conexant during Segments 1-6 and 7-12, the price of the Wafers shall be calculated by multiplying the Moves in Exhibit B - Schedule 2 by the Fab Cost per Move set forth below, plus the cost of the raw wafer (the “Contract Price”).
Skyworks may purchase additional Fab Only Wafers from Jazz above the Skyworks Wafer Volume Commitment set forth in Paragraph 2.4, and at a price not to exceed the pricing set forth in Paragraph 5.
If Conexant submits an Increase Notice with at least […***…] advance notice for additional Wafers in order to meet a Wafer Volume Commitment (“Commitment Surge Wafers”), Company will fabricate and sell to Conexant a number of Commitment Surge Wafers equal to the lesser of (A) […***…]; or (B) the equivalent of no more than […***…] WSPD.
The Parties agree that Wafers that are delivered after the end of the Segment in which the original delivery date was scheduled as agreed by the Parties through no fault of Conexant shall count toward the Wafer Volume Commitment for the Segment in which the original delivery date was scheduled as agreed by the Parties.
All Purchase Orders submitted at least […***…] prior to the start of the Working Segment for Wafers shall be accepted by Company up to the Wafer Volume Commitment and as specified in Section 2.1(d) (Requirements in Excess of the Wafer Volume Commitment), and may be accepted by Company in all other cases.