VEHICLE COMPONENTS Clause Samples

VEHICLE COMPONENTS. Revenues for 1998 were up principally from the addition of the SPX Vehicle Components businesses that, subsequent to the Merger, added $64.9 of revenues. Excluding the impact of the Merger, 1998 revenues were down $13.3 from 1997 principally reflecting the mid-year strike at General Motors. 1999 revenues will include the SPX businesses for a full year and accordingly, should increase significantly over 1998. Additionally, the company has been awarded new contracts with an original equipment manufacturer that will begin in late 1999 and ramp up in 2000. Operating Income in 1998 of $25.6 included the impact of the Merger of offset by the impact of the General Motors strike, $1.6 of restructuring charges and $2.6 of other Merger and restructuring related charges included in the cost of sales and SG&A and approximately $2.3 in incremental goodwill and intangible amortization resulting from the purchase accounting for SPX. Operating income in 1997 was up, in line with the increased revenues in 1997 over 1996. Operating income in 1999 is expected to improve over 1998 due to the inclusion of SPX businesses for a full year and lower one-time costs.
VEHICLE COMPONENTS. The company has a range of products for both original equipment manufacturers and aftermarket customers. The Vehicle Components segment has achieved various OEM customer quality recognition and awards and includes four operations that design, manufacture and market component parts for light and heavy duty vehicle markets. The component parts for the light and heavy duty vehicle markets are comprised of two primary sectors: (i) the OEM sector and
VEHICLE COMPONENTS 

Related to VEHICLE COMPONENTS

  • Components Patheon will purchase and test all Components (with the exception of Client-Supplied Components) at Patheon’s expense and as required by the Specifications.

  • Computer Equipment Recycling Program If this Contract is for the purchase or lease of computer equipment, then Contractor certifies that it is in compliance with Subchapter Y, Chapter 361 of the Texas Health and Safety Code related to the Computer Equipment Recycling Program and the Texas Commission on Environmental Quality rules in 30 TAC Chapter 328.

  • Tooling Unless otherwise specified in this Agreement, all tooling and/or all other articles required for the performance hereof shall be furnished by Seller, maintained in good condition and replaced when necessary at Seller's expense. If NETAPP agrees to pay Seller for special tooling or other items either separately or as a stated part of the unit price of Goods purchased herein, title to same shall be and remain in NETAPP upon payment therefore.

  • Television Equipment Recycling Program If this Contract is for the purchase or lease of covered television equipment, then Contractor certifies that it is compliance with Subchapter Z, Chapter 361 of the Texas Health and Safety Code related to the Television Equipment Recycling Program.

  • Consumables During the design phase, Purchaser may participate in the selection of suppliers of consumables of the Supplier. In such case, the choice regarding the final selection of the said suppliers shall be mutually agreed between the Parties. Two suppliers shall be identified and selected for each type of consumables.