Company Cars. During the Term, the Company shall continue to lease a car or cars (currently VIN 0XX0X0XX0XXX00000 and XXXXX0X00XX000000) for Executive’s use. In addition on the earlier of: (a) the date that is thirty-six (36) months from the start of the lease for the car or cars Executive is leasing as of the Effective Date; (b) within forty-five (45) days after the date Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason; or (c) within sixty (60) days of a Change in Control, the Company shall obtain title to such car or cars, and shall irrevocably transfer said title to Executive. The Company shall pay any and all fees, taxes, payments, or other amounts necessary to effectuate the provisions of this Section 4.5.
Company Cars. During the Term, the Company shall continue to lease one or more cars (currently VIN 0XXXX0XX0XX000000 and 0XX0X0XX0XXX00000) for Employee’s use. In addition on the earlier of: (i) the date that is thirty-six (36) months from the start of the lease for the car or cars Employee is leasing as of the Effective Date; (ii) within forty-five (45) days after the date Employee’s employment is terminated by the Company without Cause or by Employee for Good Reason; or (iii) within sixty (60) days of a Change in Control, the Company shall obtain title to such car or cars, and shall irrevocably transfer said title to Employee. The Company shall pay any and all fees, payments, or other amounts necessary to effectuate the provisions of this Section 4.5.
Company Cars. The Parties agree that the car currently used by the Company, a VW Variant (license plate [***]) shall continue to be used for the operation of the Hotel and shall be transferred together with all keys, accessories and registration and ownership documents to the Purchaser as of the Closing Date.
Company Cars. If the vehicle of a Resident is registered in the name of a company, the company will be required to provide proof that the vehicle has been provided to the Resident.
Company Cars. After the Effective Time of Merger, Wisconsin Energy will cause the ESELCO Companies to continue a company car policy with respect to those employees who are determined from time-to-time to have an operational need therefor and regarding the other individuals who are currently provided with company cars as of the Effective Time of Merger, to allow them to either continue to use the same until the end of the useful life thereof, with an option at the end of such useful life to buy the same at the lower of book or market value, or to elect to discontinue use of the same and receive such increase in compensation as is determined to be appropriate in the sole discretion of the employer.
Company Cars. At or prior to the Closing, Charxxx Xxxxx xxxll have the right to purchase the automobile owned by the Company that he is presently driving by paying $20,000 to the Company. Thomxx Xxxxxxx xxxll continue to have the use of the automobile leased by the Company that he is presently driving until the expiration of the present lease for that automobile on March 31, 2000.
Company Cars. 5.1 Subject to the consent where necessary of the other parties the Purchaser shall assume the obligations of and become entitled to the benefits of the Vendor under the Leasing Agreements relating to the Vehicles With effect from Completion.
5.2 The risk in or in respect of the Vehicles shall pass to the Purchaser on Completion
5.3 The Vendor and the Purchaser shall do all things reasonably required of them to give effect to the arrangements described in this clause, including, if necessary, entering into assignments and re-assignments in relation to the contracts of hire or hire-purchase applicable to the relevant Vehicles.
Company Cars. The Contractor will provide a fully maintained vehicle to assist with covering the outer areas of the Borough. The vehicle provided by the Contractor will be electric and the Contractor will install an electric unit at an agreed location (free of charge) if there is no local or sufficient supply.
Company Cars. A car, if provided to the Executive, will belong to the Company and will be returned to the Company on the date the Executive leaves the Company premises, even if this date is earlier than the date of termination of employment under the attached Agreement. Details as appropriate are shown on Schedule D.
Company Cars. The Parties agree that out of the cars currently used by the Company, only the Honda Accord (license plate XX-XX 88) and the VW Caddy (license plate XX-XX 77) shall continue to be used for the operation of the Hotel.
