Examples of Y3 Facility in a sentence
The capacity ratios used to calculate output and cost allocation for the Y3 Facility, the Y4 Facility, the Y5 Facility, the New Y2 Facility and the Y6 Facility as set forth in Schedule 12.2(d) to the New Y2 Facility Agreement and Schedule 12.1(c) to the Y6 Facility Agreement are hereby replaced with the capacity ratios initially set forth on Schedule 12.1(f) to this Agreement and updated from time to time by the Parent Parties as mutually agreed.
Toshiba will manufacture Y3 NAND Flash Memory Products at the Y3 Facility for Flash Partners ordered by Toshiba and SanDisk under the terms and conditions of the FP Purchase and Supply Agreements.
The Parties acknowledge that they intend to expand their Y3 NAND Flash Memory Product manufacturing capacity through development of the Y3 Facility according to volumes and timing set forth in Schedule 6.3(b) (including to [***] L/M, the "Ramp-Up Plan").
The Parties acknowledge that each of SanDisk and Toshiba has engaged an environmental consulting company to conduct an environmental investigation on its behalf as to the surface and subsurface conditions existing on the proposed site of the Y3 Facility (each a "Consultant" and the Consultant engaged by SanDisk, the "SanDisk Consultant" and the Consultant engaged by Toshiba (the "Toshiba Consultant").
The rights of each Parent Party under the JV Agreements to use a portion of its total allocated capacity in the Y3 Facility, the Y4 Facility and from the JV Space in the Y5 Facility to cause to be manufactured Proprietary NAND Flash Memory Products, subject to the conditions and limitations set forth in the JV Agreements, are hereby extended to the JV Space in the New Y2 Facility.
The Parties acknowledge that either or both of the Parties and Flash Partners have incurred or will incur costs in connection with developing Flash Partners and the Y3 Facility and preparing the Y3 Facility for production, including personnel costs, materials costs and other operating expenses, that are properly allocable to Flash Partners and for which each Party has the obligation ultimately to bear 50% of the responsibility ("Start-Up Costs").
Safety analyses are sometimes based on key assumptions that require nonstandard field verification on a periodic basis.
The terms and conditions with respect to the financing necessary to enable committed or agreed capacity expansions or other investment in FPL or FAL for JV Capacity at the Y5 Facility shall be as follows: (i) in the case of FAL, as set forth in Section 6.12 of the FAL Master Agreement as if such investment were in the Y4 Facility and (ii) in the case of FPL, as set forth in Section 6.10 of the FPL Master Agreement as if such investment were in the Y3 Facility.
The capacity ratios used to calculate output and cost allocation for the Y3 Facility, the Y4 Facility, the Y5 Facility and the New Y2 Facility as set forth in Schedule 12.2(d) to the New Y2 Agreement are hereby replaced with the capacity ratios initially set forth on Schedule 12.1(c) to this Agreement and updated from time to time by the Parent Parties as mutually agreed.
All references to the Y3 Facility and the Y4 Facility in the FPL Lease Agreement and the FAL Lease Agreement, respectively, are hereby amended to refer to all of the Yokkaichi Facility.