Common use of Cycle Time Clause in Contracts

Cycle Time. SMIC shall use best efforts to achieve an actual cycle time for processing a Wafer of equal or less than [***] times the physical cycle time for processing such Wafer (i.e. flow factor [***]). During the ramp up phase of a new Contract Process, typical longer actual cycle times resulting from use of multiple one of a kind tools shall not result in a breach of this provision.

Appears in 2 contracts

Sources: Product Purchase and Capacity Reservation Agreement (Qimonda AG), Product Purchase and Capacity Reservation Agreement (Qimonda AG)