Establishment of JV Truck Assembly Facility. At any time following the Effective Date, upon the determination of the Board by Majority Consent, the Company may establish a JV Truck Assembly Facility for the manufacture or assembly of JV Truck Models. The Company, upon the determination of the Board by Majority Consent, may establish a separate direct or indirect wholly owned subsidiary in each country in which the Company intends to manufacture or assemble JV Trucks.
Appears in 4 contracts
Samples: Joint Venture Operating Agreement (Navistar International Corp), Truck Business Relationship Agreement (Navistar International Corp), Joint Venture Operating Agreement (Caterpillar Inc)
