Underloading definition
Examples of Underloading in a sentence
If Intel fails purchase its full Sharing Interest of the Joint Venture Company’s output, produced in accordance with the Operating Plan (“Underloading”), then the increased Prices associated with such Underloading shall be isolated and charged solely to Intel, which Intel shall remain solely responsible for paying.
Section 9.3 will not apply to Intel's failure to meet either an Underloading charge under Section 4.1 or a payment obligation which is due and payable under this Agreement.
If Intel fails to include in its Demand Forecast a number of Probed Wafers consistent with the first sentence of this Section 4.1 for any particular Fiscal Month (“Underloading”), then the increased Prices associated with the Underloading in such Fiscal Month shall be isolated and charged solely to Intel, which Intel shall remain solely responsible for paying.
Section 9.3 will not apply to Micron's failure to meet either an Underloading charge under Section 4.1 or a payment obligation which is due and payable under this Agreement.
If Micron fails to include in its Demand Forecast a number of Probed Wafers consistent with the first sentence of this Section 4.1 for any particular Fiscal Month (“Underloading”), then the increased Prices associated with the Underloading in such Fiscal Month shall be isolated and charged solely to Micron, which Micron shall remain solely responsible for paying.
Section 9.3 will not apply to Micron’s failure to meet either an Underloading charge under Section 4.1 or a payment obligation which is due and payable under this Agreement.
Section 9.3 will not apply to Intel’s failure to meet either an Underloading charge under Section 4.1 or a payment obligation which is due and payable under this Agreement.
If Micron fails purchase its full Sharing Interest of the Joint Venture Company’s output, produced in accordance with the Operating Plan (“Underloading”), then the increased Prices associated with such Underloading shall be isolated and charged solely to Micron, which Micron shall remain solely responsible for paying.
Section 9.3 will not apply to Intel Singapore’s failure to meet either an Under-loading charge under Section 4.1 or a payment obligation which is due and payable under this Agreement.
Transphorm will invoice Nexperia for any applicable Underloading Payments.