Aggregate Service definition
Examples of Aggregate Service in a sentence
Concurrently with any reduction of the Aggregate Service Loaner Vehicle Floorplan Commitment to zero, (a) no further Service Loaner Vehicle Floorplan Loans or Service Loaner Vehicle Swing Line Loans will be made, and (b) the Service Loaner Vehicle Floorplan Borrower shall pay all principal and interest on the Service Loaner Vehicle Floorplan Loans and Service Loaner Vehicle Swing Line Loans and all fees and other amounts owing to the Agent and the Lenders.
The Service Loaner Vehicle Floorplan Borrower may from time to time on at least ten (10) Business Day’s prior written notice to the Agent (which shall promptly advise each Lender thereof) permanently reduce the Aggregate Service Loaner Vehicle Floorplan Commitment to an amount not less than the then outstanding principal balance of the Service Loaner Vehicle Floorplan Loans and Service Loaner Vehicle Swing Line Loans.
The UWS Parties and NHC shall reconcile amounts owed with respect to the Aggregate Service Profit (Loss) and the Aggregate Net Underwriting Profit (Loss) within 180 days after the end of the initial five (5) year term of this Agreement.
A Participant who on or after the Effective Date is within eight years of his/her 63rd birthday and who has 5 years of Continuous Service or 15 years of Aggregate Service may elect to retire prior to his/her Normal Retirement Date, in which event his/her Retirement ▇▇▇▇▇▇▇ will commence as of the first day of the month subsequent to filing written application therefor.
If such a Participant should cease to be Disabled before his/her Annuity Commencement Date and returns promptly to active service with the Employer, such Termination of Employment will be of no force and effect, but the period while he/she was Disabled will not be counted as time in the Eligible Class or as Continuous or Aggregate Service.