Y6 Facility definition
Examples of Y6 Facility in a sentence
TMC shall manufacture BiCS Products at the Y6 Facility for the JVs as ordered by the JVs pursuant to the Foundry Agreements.
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.
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.
Bare reflecting-type bulbs of any kind are not allowed for a flashing or non-flashing sign unless they are properly shaded so as not to interfere with surrounding properties.
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).
For the avoidance of doubt, TMC, on one hand, and WD and SanDisk, on the other hand, shall have the right and obligation, through the JVs, to utilize 50% of the manufacturing capacity for JV BiCS Products manufactured in whole or in part at the Y6 Facility, on an Equivalent Lot basis, as provided in the JV Master Agreements.
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.
Each of the Parent Parties will have full access to all operational and engineering data and reports related to engineering wafers manufactured for JV Products manufactured at the Y6 Facility.
There will be an Operating Committee for Y6 Facility operations (the “Y6 Operating Committee”) consisting of a senior executive designated by each of WD and TMC (each such individual, the “WD Representative” and the “TMC Representative,” respectively), each of whom shall have an engineering background and represent the designating Party on a day-to-day basis at the Y6 Facility.
The management and operating reports identified on Schedule 5.3 to each JV Operating Agreement will take into account any utilization by FPL, FAL and FFL, as applicable, of the JV Space in the Y6 Facility.