Common use of Allocation of JV Truck Components and JV Truck Clause in Contracts

Allocation of JV Truck Components and JV Truck. Replacement Parts that are Sourced by the Company from a Member. The Company shall have access to each Member’s inventory as a source of JV Truck Components and JV Truck Replacement Parts. If either Member is on allocation with respect to JV Truck Components or JV Truck Replacement Parts, the Company shall have priority according to such Member’s allocation guidelines, as agreed to by the Members. Each Member may amend, modify or revise such guidelines and such amended, modified or revised guidelines shall replace any previous version of the applicable guidelines; provided, however, that Unanimous Consent of the Members shall be required for a Member to amend, modify or revise such guidelines to the extent such amendment, modification or revision adversely affects the Company’s priority under such allocation guidelines.4

Appears in 1 contract

Samples: Truck Business Relationship Agreement (Navistar International Corp)

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Allocation of JV Truck Components and JV Truck. Replacement Parts that are Sourced by the Company from a Member. The Company shall have access to each Member’s inventory as a source of JV Truck Components and JV Truck Replacement Parts. If either Member is on allocation with respect to JV Truck Components or JV Truck Replacement Parts, the Company shall have priority according to such Member’s allocation guidelines, as agreed to by the Members. Each Member may amend, modify or revise such guidelines and such amended, modified or revised guidelines shall replace any previous version of the applicable guidelines; provided, however, that Unanimous Consent of the Members shall be required for a Member to amend, modify or revise such guidelines to the extent such amendment, modification or revision adversely affects the Company’s priority under such allocation guidelines.4guidelines.

Appears in 1 contract

Samples: Joint Venture (Navistar International Corp)

Allocation of JV Truck Components and JV Truck. Replacement Parts that are Sourced by the Company from a Member. Member The Company shall have access to each Member’s inventory as a source of JV Truck Components and JV Truck Replacement Parts. If either Member is on allocation with respect to JV Truck Components or JV Truck Replacement Parts, the Company shall have priority according to such Member’s allocation guidelines, as agreed to by the Members. Each Member may amend, modify or revise such guidelines and such amended, modified or revised guidelines shall replace any previous version of the applicable guidelines; provided, however, that Unanimous Consent of the Members shall be required for a Member to amend, modify or revise such guidelines to the extent such amendment, modification or revision adversely affects the Company’s priority under such allocation guidelines.4guidelines.

Appears in 1 contract

Samples: Operating Agreement (Caterpillar Inc)

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Allocation of JV Truck Components and JV Truck. Replacement Parts that are Sourced by the Company from a Member. Member The Company shall have access to each Member’s inventory as a source of JV Truck Components and JV Truck Replacement Parts. If either Member is on allocation with respect to JV Truck Components or JV Truck Replacement Parts, the Company shall have priority according to such Member’s allocation guidelines, as agreed to by the Members. Each Member may amend, modify or revise such guidelines and such amended, modified or revised guidelines shall replace any previous version of the applicable guidelines; provided, however, that Unanimous Consent of the Members shall be required for a Member to amend, modify or revise such guidelines to the extent such amendment, modification or revision adversely affects the Company’s priority under such allocation guidelines.4

Appears in 1 contract

Samples: Truck Business Relationship Agreement (Caterpillar Inc)

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