Common use of Commitment Surge Clause in Contracts

Commitment Surge. If Skyworks 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 Skyworks 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. Skyworks will pay the [. . . *** . . .] for all Commitment Surge Wafers.

Appears in 2 contracts

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