KGD definition
Examples of KGD in a sentence
In addition, the parties agree that the determination of the number of units of Product on a single wafer for purposes of accounting for the Minimum Purchase Amount shall be the number of KGD on that wafer.
For example, if Impinj sells a wafer to Alien with [***] yield, Alien will be entitled to a [***] discount on the KGD price which has been set in accordance with Section 6(b).
For purposes of clarification, Alien shall only be required to pay for each KGD on Monza wafers.
Alien acknowledges and agrees that the yield of a particular wafer may vary and as such, the number of KGD on each wafer may vary.
For purposes of clarification, Alien shall only be required to pay for each KGD on Monza-2 wafers.
In the event of such delay, Alien may cancel the Order; provided however that the KGD for such shipment shall apply to the Minimum Purchase Amount (or in the event the KGD for such shipment is not known, then the amount attributable to the Minimum Purchase Amount shall be an amount equal to the average KGD determined over the most recent wafer lot received by Alien).
For Monza Product that is purchased to meet the Minimum Purchase Amount, the unit price for each Monza KGD shall be [***] subject to offset by the Credit Amount applicable to each unit.
KGD Based on the assumptions set forth in Item 4 and in Schedule 1 to the Purchase Agreement, the aggregate number of shares of the Stock that KGD owns beneficially, pursuant to Rule 13d-3 of the Act, is 74,168, which constitutes approximately 2.2% of the 3,334,411 shares of the Stock deemed outstanding pursuant to Rule 13d-3(d)(l)(i) of the Act.
ParkerVision shall sell to LGIT Known Good Die (KGD) ParkerVision RF Components in the form of unpackaged integrated circuits.
The Credit Amount shall be credited against such purchases at a rate of $0.02 per KGD.