Allocation of JV Truck Replacement Parts Sold by the Company. In the event of any shortage in the supply of JV Truck Replacement Parts, the Company shall determine the allocation of the available supply, in accordance with the following order of priority: 10.5.1 In compliance with applicable law or the requirements of any governmental authority; 10.5.2 JV Truck Replacement Parts for emergency and truck down situations (based on the date the order is received) where the JV Truck is under warranty; 10.5.3 JV Truck Replacement Parts for emergency and truck down situations (based on the date the order is received) where the JV Truck is not under warranty; 10.5.4 JV Truck Replacement Parts for JV Truck production as set forth in the Annual Business Plan; and 10.5.5 JV Truck Replacement Parts to JV Truck Replacement Part stock needs. Whether and when to put particular JV Truck Replacement Parts on allocation or remove such JV Truck Replacement Parts from allocation shall be decided by the Company.
Appears in 4 contracts
Samples: Truck Business Relationship Agreement (Navistar International Corp), Joint Venture Operating Agreement (Caterpillar Inc), Joint Venture Operating Agreement (Navistar International Corp)