Common use of Boundary Conditions Clause in Contracts

Boundary Conditions. (i) In its Response to Forecast, Micron may reject the Demand Forecast to the extent the Demand Forecast does not comply with the following boundary conditions: 1. Micron is required to accept only design ids that: (A) at the time designated [***] (or are [***]; and (B) are being manufactured [***] and are not [***]; 2. Micron need not accept for any design id [***] than [***] wafers per [***]; 3. a Demand Forecast to the extent that it specifies Probed Wafers that are not based on a design id approved by the JDP Committee; 4. a Demand Forecast to the extent that it specifies for any given [***] Probed Wafers utilizing the [***] Process Technology Node under this Agreement than under the Second Amended and Restated [***] Supply Agreement or the Amended and Restated [***] Supplemental Wafer Supply Agreement; or 5. any Demand Forecast to the extent that it would result in Intel receiving [***] than [***] of the Singapore Fab’s [***] with respect to [***] Products, after taking into account all supply arrangements to which Intel or any of its Affiliates is a party in aggregate, unless otherwise previously agreed to by the Parties. (ii) In its Response to Forecast, Micron commits to support Intel’s Demand Forecast for [***] Products [***] of the Singapore Fab’s [***] with respect to [***] Products, after taking into account all supply arrangements to which Intel or any of its affiliates is a party in aggregate, as long as Intel’s Demand Forecast complies with the boundary conditions above.

Appears in 1 contract

Sources: Wafer Supply Agreement (Micron Technology Inc)

Boundary Conditions. (i) In its Response to Forecast, Micron may reject the Demand Forecast to the extent the Demand Forecast does not comply with the following boundary conditions: 1. Micron is required to accept only design ids that: (A) at the time designated [***] (or are [***]; and (B) are being manufactured [***] and are not [***]; ; NAI-1500577628v1 2. Micron need not accept for any design id [***] than [***] wafers per [***]; ; 3. a Demand Forecast to the extent that it specifies Probed Wafers that are not based on a design id approved by the JDP Committee; 4. a Demand Forecast to the extent that it specifies for any given [***] Probed Wafers utilizing the [***] Process Technology Node under this Agreement than under the Second Amended and Restated [***] Supply Agreement or the Amended and Restated [***] 100/110 Supplemental Wafer Supply Agreement; or 5. any Demand Forecast to the extent that it would result in Intel receiving [***] than [***] of the Singapore Fab’s [***] with respect to [***] Products, after taking into account all supply arrangements to which Intel or any of its Affiliates is a party in aggregate, unless otherwise previously agreed to by the Parties. (ii) In its Response to Forecast, Micron commits to support Intel’s Demand Forecast for [***] Products [***] of the Singapore Fab’s [***] with respect to [***] Products, ,after taking into account all supply arrangements to which Intel or any of its affiliates is a party in aggregate, as long as Intel’s Demand Forecast complies with the boundary conditions above.

Appears in 1 contract

Sources: Wafer Supply Agreement (Micron Technology Inc)