WIP definition
WIP means work in process.
WIP means work in process. This includes all wafers and Product in wafer fabrication, sort, assembly, and/or final test, including prime and secondary wafers, and all completed Product units not yet delivered to Micron.
WIP means all Work in progress.
Examples of WIP in a sentence
Upon the termination of this Agreement by Greatbatch under this Section 9.2, Customer will reimburse Greatbatch for all finished good inventory, WIP, Product specific non-returnable purchased material and any non-cancelable purchase orders outstanding with Greatbatch suppliers.
More Definitions of WIP
WIP has the meaning given to it in Schedule 3 (Toll Manufacture Provisions) paragraph 2.1.
WIP means work in process and includes all wafer and dies not yet delivered to LLC. Capitalized terms not defined herein shall have the same meaning ascribed to them in the Limited Liability Company Agreement of Jazz/Hua Hong, LLC (the “LLC Agreement”), the License Agreements and the Supply Agreements between Jazz/Hua Hong, LLC and Jazz Semiconductor.
WIP is defined as incompletely manufactured and/or assembled Products at the time of the cancellation. "RAW MATERIAL" is defined as only those materials needed to make a Part and any purchased Parts. For the purposes of this Agreement, "PART" means a component line item on a ▇▇▇▇ of materials. Parts are collectively assembled to produce a Product. The above defined cancellation charges are in lieu of any other obligation of Buyer arising as a result of the cancellation. All amounts accrued above are payable within sixty (60) days of Seller's delivery of an invoice to Buyer. Finished Goods will be invoiced upon delivery of the Finished Goods to the Delivery Point.
WIP means work in progress.
WIP means work in process, including prime and secondary wafers.
WIP means Work In Progress.
WIP means, as of the date in question, the work in process inventory of the Company held to fill Parent purchase orders that have not yet been completed by the Company, less reserves, if any, as of such date determined in accordance with GAAP.