Volume Commitment. (a) Customer agrees to purchase annually form TSMC, either itself or through its Affiliates, the Customer Committed Capacity set forth for such year on Exhibit B and, subject to the payment of the Option Fee by Customer under Section 5 below, TSMC agrees to provide to Customer the TSMC Committed Capacity, as set forth in Exhibit B. In any calender year, the orders placed by Customer or its Affiliates shall first apply to fulfill the Base Capacity portion of the Customer Committed Capacity, and then the Option Capacity portion.
Appears in 2 contracts
Samples: Option Agreement (Adaptec Inc), Option Agreement (Adaptec Inc)
Volume Commitment. (a) Customer agrees to purchase annually form from TSMC, either itself or through its Affiliates, the Customer Committed Capacity set forth for such year on Exhibit B and, subject to the payment of the Option Fee by Customer under Section 5 below, TSMC agrees to provide to Customer the TSMC Committed Capacity, as set forth in Exhibit B. In any calender calendar year, the orders placed by Customer or its Affiliates shall first apply to fulfill the Base Capacity portion of the Customer Committed Capacity, and then the Option Capacity portion.
Appears in 2 contracts
Samples: Option Agreement (Adaptec Inc), Option Agreement (Adaptec Inc)
Volume Commitment. (a) Customer agrees to purchase Purchase annually form from TSMC, either itself or through its Affiliates, the Customer Committed Capacity set forth for such year on Exhibit B and, subject to the payment of the Option Fee by Customer under Section 5 below, TSMC agrees to provide to Customer the TSMC Committed Capacity, as set forth in Exhibit B. In any calender calendar year, the orders placed by Customer or its Affiliates shall first apply to fulfill the Base Capacity portion and the Option to Base Capacity portions of the Customer Committed Capacity, and then the Option Capacity portion.
Appears in 1 contract
Samples: Option Agreement (Adaptec Inc)