Y6 Facility definition

Y6 Facility means the production facility within the Yokkaichi Facility described in the Y6 Agreement.
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Y6 Facility means the production facility currently under construction, owned by TMC and forming part of the Yokkaichi Facility, including a building shell, cleanroom, and all culverts, piping, ducting and associated infrastructure connecting thereto.
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Examples of Y6 Facility in a sentence

  • The capacity ratios used to calculate output and cost allocation for the Y3 Facility, the Y4 Facility, the Y5 Facility, the New Y2 Facility and the Y6 Facility as set forth in Schedule 12.2(d) to the New Y2 Facility Agreement and Schedule 12.1(c) to the Y6 Facility Agreement are hereby replaced with the capacity ratios initially set forth on Schedule 12.1(f) to this Agreement and updated from time to time by the Parent Parties as mutually agreed.

  • TMC shall manufacture BiCS Products at the Y6 Facility for the JVs as ordered by the JVs pursuant to the Foundry Agreements.

  • On an annual basis, or when requested by either Party, the Y6 Operating Committee shall discuss and review the current insurance coverage and/or the need for any additional property or business interruption insurance in respect of the JV assets in and operations of the Y6 Facility.

  • For the avoidance of doubt, the rights, obligations and procedures for the purchase by the Parent Parties from FPL, FAL and FFL of JV BiCS Products manufactured in whole or in part at the Y6 Facility shall be as set forth in the FPL Purchase and Supply Agreements, the FAL Purchase and Supply Agreements and the FFL Purchase and Supply Agreements, respectively, of TMC (in the case of TMC) and the applicable SanDisk party (in the case of WD).

  • This coverage shall provide basically full replacement value of all JV equipment installed in the Y6 Facility, subject to valuation as part of TMC’s annual insurance policy renewal, and shall name the applicable JV as a beneficiary in respect of assets owned or leased by it and Y6 employee expenses covered by business interruption insurance.

  • If TMC makes a recovery from a third party (other than an insurer per the above) in respect of both assets in the Y6 Facility and other assets, then TMC shall allocate to the applicable JVs a share of the net amount of such recovery in proportion to the losses suffered by such JVs and total losses suffered by such JVs and TMC.

  • TMC shall maintain or arrange property insurance covering the JV assets in the Y6 Facility and business interruption insurance in respect of the business conducted at the Y6 Facility, the scope and amounts of which shall be consistent with existing practices at the Yokkaichi Facility and as required by any lender or carrier to secure such coverage.

  • TMC (from the Yokkaichi Facility) and the JVs shall use their best efforts to achieve the manufacturing capacity set forth in the JV Business Plans, which will include any plans for JV use of cleanroom space in the Y6 Facility.

  • Wafers produced in the Y6 Facility will be sorted between the Parent Parties such that aggregate yield losses will be shared on an equal basis.

  • For the avoidance of doubt, any BiCS Conversion or BiCS Technology Transition involving the use of the New Y2 Facility, the Y6 Facility or the K1 Facility shall be managed as a technology transition by the Operating Committees in accordance with the JV Agreements and past practices at the Yokkaichi Facility.

Related to Y6 Facility

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Triage facility means a short-term facility or a portion

  • Public facility means 1 or more of the following:

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.