SSMC definition

SSMC means Systems on Silicon Manufacturing Company Pte. or any successor entity or business thereto. For purposes of Section 4.06 and the definition of “Asset Disposition”, references to SSMC shall also refer to any Unrestricted Subsidiary (x) any Capital Stock or debt of which is owned directly or indirectly by SSMC or (y) which has received a cash distribution or dividend from SSMC.
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SSMC means Systems on Silicon Manufacturing Company Pte or any successor entity or business thereto.
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SSMC means Systems on Silicon Manufacturing Co. Pte. Ltd, a joint venture of NXPBV and Taiwan Semiconductor Manufacturing Company Ltd (TSMC).
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Examples of SSMC in a sentence

  • SSMC is committed to providing a range of payment options to our clients.

  • If any vacancy occurs, for any reason, in the Board of Directors of SSMC, such vacancy shall be filled by his alternate or an individual nominated by the Shareholder who had nominated the person to be replaced, and the Shareholders shall take such other actions, as may be necessary, to cause the appointment or election of such alternate or nominee to the SSMC Board of Directors.

  • The shareholders of SSMC shall have the ultimate control over SSMC in conformity with the applicable laws of the Republic of Singapore as in effect at the time and from time to time.

  • Each of TSMC and Philips will ensure that its Group representative will respond to such notification by the CEO of SSMC without delay.

  • Each Shareholder will vote its SSMC shares on each future occasion such that the composition of the Board of Directors will be or yet again become in accordance with the principle of representation reflected in the preceding Section 2.02.

  • If SSMC receives payments that do not specify the invoices being paid, you agree that SSMC may apply payments in our sole discretion.

  • It is agreed that SSMC will be funded in accordance with the finance plan to be established in agreement between the Shareholders as part of the Initial Business Plan of SSMC and any agreed updated or amendments thereto.

  • All other technical support, not covered by the above Technology Cooperation Agreements, will be provided by or at the instruction of TSMC and Philips to SSMC at arm’s length prices.

  • The Articles of Association of SSMC will upon amendment as contemplated in the preceding Section 1.01 state for the sake of flexibility that the total authorized capital of SSMC shall be One Billion and Two Hundred Million Singapore Dollars (S$ 1,200,000,000), consisting of One Million and Two Hundred Thousand (1,200,000) ordinary shares, each with a par value of One Thousand Singapore Dollars (S$ 1,000).

  • The Board of Directors of SSMC shall meet at least every three (3) months.


More Definitions of SSMC

SSMC means SANYO Semiconductor Manufacturing Co., Ltd.
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SSMC means Systems on Silicon Manufacturing Company Pte. or any successor entity or business thereto. For purposes of Section 4.06 and the definition of “Asset Disposition,” references to SSMC shall also refer to any Unrestricted Subsidiary (x) any Capital Stock or debt of which is owned directly or indirectly by SSMC or (y) which has received a cash distribution or dividend from SSMC.
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