Automobile Purchase Sample Clauses

Automobile Purchase. The Company shall purchase Executive’s automobile and remit the title to Executive (without lien or security interest) to Executive within thirty (30). Executive shall not be required to mitigate the amount of any payment provided for in this Section 6 by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Section 6 be reduced by any compensation or retirement benefits heretofore or hereafter earned by the Executive as a result of employment by any other person, firm or corporation.
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Automobile Purchase. Before the Closing, the Company shall sell to AR and LR jointly, and AR and LR shall jointly purchase, the Automobiles. The purchase price for each Automobile shall be equal to its book value.
Automobile Purchase. Prior to the Closing, Company shall sell to Laurie Van Duivenbode, xxx xxe shall purchase from Company, the 1987 Acura Legend automobile she has heretofore utilized as her company car, for a total price of $5,100.
Automobile Purchase. Executive may elect to purchase from First United, no later than fourteen (14) days following the Effective Date of this Agreement, the automobile provided for his use prior to the Effective Date for a price equal to 90% of the Kxxxx Blue Book trade-in value as of the Effective Date.
Automobile Purchase. At the request of Consultant, before August 31, 2007, the Company shall purchase an automobile of Consultant’s choosing for Consultant’s sole ownership and exclusive use; provided that the Company shall not be required to spend more than $70,000 in connection with such purchase. Alternatively, the Company will pay Consultant $70,000 for its use in purchasing an automobile of its choosing.

Related to Automobile Purchase

  • Automobile The Company agrees to reimburse the Employee up to $750.00 per month, as such amount may be increased from time to time consistent with the Company’s reimbursement policy for the Senior Management of the Company to cover Employee’s expenses in connection with his leasing or ownership of an automobile. Additionally, the Company will pay for the gas used for business purposes. All maintenance and insurance expense for the automobile shall be the responsibility of the Employee.

  • Automobile Insurance The contractor/consultant/service provider shall maintain a minimum of $1,000,000 per occurrence, $2,000,000 aggregate. COI must show “All Autos”.

  • Automobiles The Company shall provide Executive with an automobile allowance of $500 per month, consistent with the practices of the Company.

  • Automobile Allowance The Company shall provide the Executive with an automobile allowance in the amount of $1,000.00 per month to be allocated at the Executive’s discretion, or such other monthly amount designated by the Board, and that allowance shall be payable in regular installments in accordance with the Company’s general payroll practices.

  • Business Automobile Liability insurance with a combined Bodily Injury/Property Damage limit of not less than $1,000,000 each accident. The policy shall cover liability arising from the operation of licensed vehicles by policyholder.

  • Company Automobile During the Term, the Company shall provide Executive use of a Company automobile with a lease value of up to One Thousand Five Hundred Dollars and Zero Cents ($1,500.00) per month for Executive’s business or personal use, less any required taxes or withholdings.

  • Commercial Automobile Insurance If the Grantee’s duties include the use of a commercial vehicle, the Grantee shall maintain automobile liability, bodily injury, and property damage coverage. Insuring clauses for both bodily injury and property damage shall provide coverage on an occurrence basis. The Department, its employees, and officers shall be named as an additional insured on any automobile insurance policy. The minimum limits shall be as follows: $200,000/300,000 Automobile Liability for Company-Owned Vehicles, if applicable $200,000/300,000 Hired and Non-owned Automobile Liability Coverage

  • Car 7.1 You will be provided you with a car of suitable age, make, model and specification during the continuance of your employment in accordance with the policy laid down by the Company from time to time and the Company shall pay all standing and running costs relating to it (including the cost of fuel for private mileage) but not any taxable benefit arising. You shall comply with all rules laid down by the Company in relation to Company vehicles, notify the Company immediately of any accident involving your car and of any charge brought against you for a motoring offence and, unless otherwise agreed, shall return the car to your place of work forthwith on termination of your employment.

  • Automobile Expense When a State-owned vehicle is not available and a supervisor is required to use his/her personal automobile to conduct authorized State business, the Appointing Authority shall reimburse the Supervisor at the then current IRS reimbursement rate for mileage on the most direct route according to Transportation Department records. When a State- owned vehicle is offered and declined by the supervisor, mileage shall be paid at the rate of seven

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

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