Common use of Ramp-Up Commitment Clause in Contracts

Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its **** of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its **** of the Minimum Commitment) may****

Appears in 1 contract

Samples: New Y2 Facility Agreement (Sandisk Corp)

AutoNDA by SimpleDocs

Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its **** 50% share of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its **** 50% share of the Minimum Commitment) maymay ****. ****

Appears in 1 contract

Samples: Y6 Facility Agreement (Western Digital Corp)

Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its [**** ] of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its **** 50% share of the K1 Minimum Commitment) may, [****]

Appears in 1 contract

Samples: K1 Facility Agreement (Western Digital Corp)

AutoNDA by SimpleDocs

Ramp-Up Commitment. If a Parent Party fails for any reason to make (or authorize the JVs to make) the investment necessary to implement its **** of a Ramp-Up Commitment, then the other Parent Party (so long as it has made and authorized the investment necessary to implement its **** of the Minimum Commitment) may**** (c)**** 5. PRIORITY 5.1 **** 5.2 ****. 6. New Y2 Operating Committee 6.1

Appears in 1 contract

Samples: New Y2 Facility Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!