Service Loaners Sample Clauses

Service Loaners. NewCo shall accept from Contributor and Contributor shall contribute to NewCo Contributor’s vehicles utilized in the ordinary course of business by Contributor as a daily rental, loaner vehicle, or the like whether they are owned by Contributor or whether Contributor lease or rent them through a loaner or rental car program (e.g., TRAC) or service such as Rent-A-Car System or Dealer Daily Rental regardless of the name or type of the rental or service loaner vehicle program or service (“Loaner Vehicles”). On the Closing Date, NewCo will assume Contributor’s ordinary course of business obligations pursuant to Manufacturer programs for all Loaner Vehicles in inventory and in compliance with such programs. If the foregoing obligations cannot be assumed or any Loaner Vehicle is not in a Manufacturer program, then the NewCo shall accept such Loaner Vehicles from Contributor for values equal to their depreciated net book value (if titled to the Contributor), the Manufacturer program payoff if it cannot be assumed, or as valued as a Used Car if the other valuations do not apply.
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Service Loaners. NewCo shall accept from Contributor and Contributor shall contribute to NewCo Contributor’s vehicles utilized in the ordinary course of business by Contributor as a daily rental, loaner vehicle, or the like whether they are owned by Contributor or whether Contributor lease or rent them through a loaner or rental car program or service such as Rent-A-Car System or Dealer Daily Rental regardless of the name or type of the rental or service loaner vehicle program or service (“Loaner Vehicles”). On the Closing Date, NewCo will assume Contributor’s ordinary course of business obligations pursuant to Manufacturer programs for all Loaner Vehicles in inventory and in compliance with such programs. If the foregoing obligations cannot be assumed or any Loaner Vehicle is not in a Manufacturer program, then the NewCo shall accept such Loaner Vehicles from Contributor for values equal to their depreciated net book value (if titled to the Contributor), the Manufacturer program payoff if it cannot be assumed, or as valued as a Used Car if the other valuations do not apply.
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Service Loaners. The owned Service Loaners with the Value of each owned Service Loaner equal to the Value of a New Vehicle less the applicable Manufacturer recommended depreciation method and schedule.
Sample 1

Related to Service Loaners

  • Service Locations X.X. Xxxxxx maintains various operational/service centers and locations in the United States and foreign jurisdictions. The services provided under this Agreement may be provided from one or more such locations. X.X. Xxxxxx may change the operational/service centers and locations as it deems necessary or appropriate for its business concerns.

  • Customer Remittances Obligors of the Receivables will be directed by AmeriCredit to forward their remittances to Processor at a post office address (the “Lockbox”) assigned by Processor. Processor, acting for the exclusive benefit of the Trustee, shall have unrestricted and exclusive access to the mail directed to this address. AmeriCredit agrees to notify Processor thirty (30) days in advance of any change in Obligor remittance statements and/or mailing schedule.

  • SERVICE XXXX USE A. Controlled Affiliate recognizes the importance of a comprehensive national network of independent BCBSA licensees which are committed to strengthening the Licensed Marks and Name. The Controlled Affiliate further recognizes that its actions within its Service Area may affect the value of the Licensed Marks and Name nationwide.

  • Products and Services Part 2.9(a) of the Disclosure Schedule accurately identifies and describes each Company Product currently being designed, developed, manufactured, marketed, distributed, provided, licensed, or sold by the Company.

  • Janitorial Services Tenant will not employ any person for the purpose of cleaning the Premises or permit any person to enter the Building for such purpose other than Landlord's janitorial service, except with Landlord's prior written consent. Tenant will not necessitate, and will be liable for the cost of, any undue amount of janitorial labor by reason of Tenant's carelessness in or indifference to the preservation of good order and cleanliness in the Premises. Janitorial service will not be furnished to areas in the Premises on nights when such areas are occupied after 9:30 p.m., unless such service is extended by written agreement to a later hour in specifically designated areas of the Premises.

  • Support Services Other than the assistance provided in the Information, the BNPP Entities do not offer any support services in connection with the Software.

  • Remittance Processing Services In order to provide a means of collection of the Receivables which will allow the Trustee to receive the proceeds of the Receivables and related security without AmeriCredit or its Affiliates having access to the funds, the parties hereto agree for the benefit of the Trustee that the processing services (the “Service(s)”) of Processor will be used for the collection and the deposit of remittances related to the Receivables and related security.

  • Medical Services Medical and health care services provided to a Patient, including, but not limited to, medical and health care services provided to a Patient and performed by Borrower which are covered by a policy of insurance issued by an Insurer, and includes physician services, nurse and therapist services, dental services, hospital services, skilled nursing facility services, comprehensive outpatient rehabilitation services, home health care services, residential and out-patient behavioral healthcare services, and medicine or health care equipment provided by Borrower to a Patient for a necessary or specifically requested valid and proper medical or health purpose.

  • Specific Services Without limiting the generality of the Services to be provided as set forth above, it is hereby acknowledged and agreed that Consultant will provide the following specific services:

  • ELECTRICAL SERVICES A. Landlord shall provide electric power for a combined load of 3.0 xxxxx per square foot of useable area for lighting and for office machines through standard receptacles for the typical office space.

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