Common use of Suspension of Processing Clause in Contracts

Suspension of Processing. In the event GLOBALFOUNDRIES suspends processing of partially processed wafers at Customer’s behest, Customer will pay inventory holding costs as set forth in the Service Price List. Notwithstanding, GLOBALFOUNDRIES reserves the right to delay said suspension of related fabrication at the conclusion of the manufacturing step in process, and wafers may be held at the next available safe hold stage.

Appears in 2 contracts

Sources: Manufacturing Agreement (Everspin Technologies Inc), Manufacturing Agreement (Everspin Technologies Inc)