Common use of Owners Clause in Contracts

Owners. This Agreement has been entered into by Seller in reliance ------ upon, and in consideration of, among other things, the personal qualifications, expertise, reputation, integrity, experience, ability and representations with respect thereto of the Dealer Principal and Executive Manager named in the Final Article of this Agreement and in reliance upon the representations and agreements of FAA and Dealer as follows: (i) FAA will at all times own 100% of the capital stock of Dealer and Dealer will at all times be maintained as a separate entity. (ii) The Executive Committee of Dealer is set forth in attached Schedule "A". (iii) The officers of Dealer are as set forth in attached Schedule "A". (iv) FirstAmerica Automotive, Inc., ("FAA") owns 100% of the outstanding stock of FAA Dublin N, Inc. (see Attachment "A" attached).

Appears in 1 contract

Samples: Dealer Term Sales and Service Agreement (Firstamerica Automotive Inc /De/)

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Owners. This Agreement has been entered into by Seller in reliance ------ upon, and in consideration of, among other things, the personal qualifications, expertise, reputation, integrity, experience, ability and representations with respect thereto of the Dealer Principal and Executive Manager named in the Final Article of this Agreement and in reliance upon the representations and agreements of FAA and Dealer as follows: (i) FAA will at all times own 100% of the capital stock of Dealer and Dealer will at all times be maintained as a separate entity. (ii) The Executive Committee of Dealer is set forth in attached Schedule "A". (iii) The officers of Dealer are as set forth in attached Schedule "A". (iv) FirstAmerica Automotive, Inc., ("FAA") owns 100% of the outstanding stock of FAA Dublin Concord N, Inc. (see Attachment "A" attached).

Appears in 1 contract

Samples: Dealer Term Sales and Service Agreement (Firstamerica Automotive Inc /De/)

Owners. This Agreement has been entered into by Seller in reliance ------ upon, and in consideration of, among other things, the personal qualifications, expertise, reputation, integrity, experience, ability and representations with respect thereto of the Dealer Principal and Executive Manager named in the Final Article of this Agreement and in reliance upon the representations and agreements of FAA and Dealer as follows: (i) FAA will at all times own 100% of the capital stock of Dealer and Dealer will at all times be maintained as a separate entity. (ii) The Executive Committee of Dealer is set forth in attached Schedule "A". (iii) The officers of Dealer are as set forth in attached Schedule "A". (iv) FirstAmerica Automotive, Inc., ("FAA") owns 100% of the outstanding stock of FAA Dublin NSmart Nissan, Inc. (see Attachment "A" attached).

Appears in 1 contract

Samples: Dealer Term Sales and Service Agreement (Firstamerica Automotive Inc /De/)

Owners. This Agreement has been entered into by Seller in reliance ------ upon, and in consideration of, among other things, the personal qualifications, expertise, reputation, integrity, experience, ability and representations with respect thereto of the Dealer Principal and Executive Manager named in the Final Article of this Agreement and in reliance upon the representations and agreements of FAA and Dealer as follows: (i) FAA will at all times own 100% of the capital stock of Dealer and Dealer will at all times be maintained as a separate entity. (ii) The Executive Committee of Dealer is set forth in attached Schedule "A". (iii) The officers of Dealer are as set forth in attached Schedule "A". (iv) FirstAmerica Automotive, Inc., ("FAA") owns 100% of the outstanding stock of FAA Dublin NSerramonte , Inc. (see Attachment "A" attached).

Appears in 1 contract

Samples: Dealer Term Sales and Service Agreement (Firstamerica Automotive Inc /De/)

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Owners. This Agreement has been entered into by Seller in reliance ------ upon, and in consideration of, among other things, the personal qualifications, expertise, reputation, integrity, experience, ability and representations with respect thereto of the Dealer Principal and Executive Manager named in the Final Article of this Agreement and in reliance upon the representations and agreements of FAA and Dealer as follows: (i) FAA will at all times own 100% of the capital stock of Dealer and Dealer will at all times be maintained as a separate entity. (ii) The Executive Committee of Dealer is set forth in attached Schedule "A". (iii) The officers of Dealer are as set forth in attached Schedule "A". (iv) FirstAmerica Automotive, Inc., ("FAA") owns 100% of the outstanding stock of FAA Dublin NStevens Creek, Inc. (see Attachment "A" attached).

Appears in 1 contract

Samples: Dealer Term Sales and Service Agreement (Firstamerica Automotive Inc /De/)

Owners. This Agreement has been entered into by Seller in reliance ------ upon, and in consideration of, among other things, the personal qualifications, expertise, reputation, integrity, experience, ability and representations with respect thereto of the Dealer Principal and Executive Manager named in the Final Article of this Agreement and in reliance upon the representations and agreements of FAA and Dealer as follows: (i) FAA will at all times own 100% of the capital stock of Dealer and Dealer will at all times be maintained as a separate entity. (ii) The Executive Committee of Dealer is set forth in attached Schedule "A". (iii) The officers of Dealer are as set forth in attached Schedule "A". (iv) FirstAmerica Automotive, Inc., ("FAA") owns 100% of the outstanding stock of FAA Dublin Capitol N, Inc. (see Attachment "A" attached).

Appears in 1 contract

Samples: Dealer Term Sales and Service Agreement (Firstamerica Automotive Inc /De/)

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