Fab 2 definition

Fab 2. The Company's new Fab project to be constructed in ▇▇▇▇▇▇ Haemek in Israel, all as further set forth in the Business Plan.
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Fab 2 means the Borrower’s Fab facility which began operating in 2003, located in ▇▇▇▇▇▇ Haemek;
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Fab 2. - means the Borrower's Fab facility which began operating in 2003, located in Migdal Haemek;
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Examples of Fab 2 in a sentence

  • Except as set forth in Schedule 3.12, since the date of the Balance Sheet, there has not been any material adverse change in the business, operations, properties, assets or condition of the Company (financial or other), including in the prospects of the construction, deployment and operation of Fab 2 in accordance with the Business Plan, and no event or development has occurred or circumstance exists that may result in such a material adverse change.

  • The Buyer may appoint a liasion officer with respect to the Fab 2 project that will be an employee or consultant of the Buyer and will be permitted to obtain from the Company and its officers, directors consultants and contractors, ongoing information with respect to the progress of the project, will have free access to all relevant information and documents and will be permitted to participated in intenal meetings and discussions of the Company with respect to the progress of the project.

  • The Steering Committee will receive from the Company's management reports on the progress on the Fab 2 project, the Business Plan and the approvals necessary for commencement of construction and for the operation of Fab 2.

  • The Company shall, on a monthly basis starting immediately subsequent to the date hereof, and in any other date requested by Buyer, provide to Buyer with a written report describing, in reasonable detail, the progress and status of the Fab 2 and the Additional Financings.

  • Upon satisfaction of the condition set forth in the first sentence of Section 1.1, the parties shall irrevocably agree to fully and indefinitely waive Tower's obligation to raise an additional $50 million from additional wafer partners in connection with the provisions set forth in the Fab 2 Investment Agreements and related letters with respect to the Wafer Partner Differential.

  • All other provisions of the Parties' Fab 2 Investment Agreements shall remain unchanged.

  • The Company shall use the proceeds of this Agreement, the Addtional Purchase Obligations and the Additional Financings solely in order to finance the construction, deployment and operation of Fab 2 in accordance with the Business Plan and the timetable included therein.

  • As of the Closing and thereafter the Company shall create a committee of its Board (the "Project Committee") to oversee and bear managerial responsibility for the Fab 2 Project.

  • Notwithstanding the foregoing, the representation contained in the first two sentences of Section 3.14.2 shall be read to relate to Fab 2.

  • All other provisions of the undersigned's Fab 2 Investment Agreements shall remain unchanged.

Related to Fab 2

  • NPS means nominal pipe size.

  • L.S.D. means lysergic acid diethylamide.

  • NEMA means the National Environmental Management Act, 1998 (Act No. 107 of 1998);

  • SOQ means Statement of Qualifications.

  • Nematode means invertebrate animals of the phylum nemathelminthes, and class nematoda, i.e., unsegmented round worms with elongated, fusiform, or saclike bodies covered with cuticle, and inhabiting soil, water, plants, or plant parts, may also be called nemas or eelworms.