Common use of JV Truck Models Clause in Contracts

JV Truck Models. JV Truck Models shall include all of Navistar’s models for Medium Duty Trucks and Heavy Duty Trucks set forth in the Initial Rolling Business Plan. JV Truck Models may also include (a) any and all of Navistar’s models for Medium Duty Trucks and Heavy Duty Trucks existing as of the Effective Date (irrespective of where in the world such models are sold by Navistar or any of its Affiliates) and, to the extent not included in clause (a), (b) any model for Medium Duty Trucks or Heavy Duty Trucks developed by Navistar or the Company after the Effective Date, and (c) any truck model sold by Navistar or any of its Affiliates to Caterpillar or any of its Affiliates in the U.S., Canada or Mexico under the North American Severe Service Truck Sales Agreement, in each of clauses (a), (b) and (c) as approved by the Board by Majority Consent.

Appears in 4 contracts

Samples: Truck Business Relationship Agreement (Navistar International Corp), Operating Agreement (Caterpillar Inc), Joint Venture (Navistar International Corp)

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