Common use of Commitment Surge Clause in Contracts

Commitment Surge. 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. Company will use commercially reasonable efforts to deliver the Commitment Surge Wafers as soon as possible. Conexant will pay the […***…] for all Commitment Surge Wafers.

Appears in 4 contracts

Sources: Wafer Supply and Services Agreement, Wafer Supply and Services Agreement (Jazz Semiconductor Inc), Wafer Supply and Services Agreement (Jazz Semiconductor Inc)