MEMC Competitor definition
MEMC Competitor means any Person engaged in (i) the design, development, manufacture, marketing or sale of silicon wafers for use in semiconductors; or (ii) the design, development, manufacture, marketing or sale of Multi Wafers or Mono Wafers for use in solar cells or (iii) the production of polysilicon or polysilicon ingots.
MEMC Competitor means any entity engaged in (i) the design, development, manufacture, marketing or sale of silicon wafers for use in semiconductors or solar cells or modules; (ii) the design, development, manufacture, marketing or sale of polysilicon or polysilicon ingots; or (iii) the design, development, manufacture, marketing or sale of silane. Such license shall be transferable in connection with the sale by PCS of this line of business. Such royalty shall be due and payable by PCS to MEMC on the first day of the second month of each calendar quarter with respect to all sales of STF during the preceding calendar quarter. PCS shall provide to MEMC any reasonable documentation as may be requested from time to time by MEMC to evidence and corroborate the volume of sales that are subject to the foregoing royalty. The foregoing license is non-assignable and is personal to PCS. The provisions pertaining to the royalty described in this Section 6.1 shall survive termination of this Agreement.
MEMC Competitor shall have the meaning set forth in Section 6.1 of this Agreement.