Automotive Business shall have the meaning ascribed thereto in the Master Purchase Agreement.
Automotive Business or “licensee” means a business conducting the activities of buying or selling vehicles whether as a retailer or wholesaler, including the selling of vehicles on consignment; leasing vehicles when the term of the lease is for more than 120 days; negotiating or conducting on a consumer’s behalf an agreement in which the consumer buys, sells or leases a vehicle; recycling or dismantling vehicles; or installing parts or equipment in repairing or servicing vehicles;
Automotive Business means the businesses (other than the Packaging Business or Prior Packaging Business) that, after giving effect to the Corporate Restructuring Transactions, are or were conducted by:
Examples of Automotive Business in a sentence
Enrollment in Certificate of Completion Program Automotive, Business, Computer Science, Cosmetology, Criminal Justice, Fire Science, HVAC, Industrial Maintenance, Office Administration, Welding.
When a claim is made, the market value of your vehicle would be determined by the ISM Automotive Business Intelligence System and this value would be accepted as the cost of purchasing a replacement vehicle of the same make, model and age of your vehicle at the time of loss.
The valuation done by the ISM Automotive Business Intelligence System or Adjuster will be conclusive evidence in respect of the market value of your vehicle in any legal proceedings against us.
Following the sale of our Automotive Business in November 2020, the Company initiated certain strategic, organizational and operational structure changes to better reflect the reduced size of our businesses.
If no market value is available from the ISM Automotive Business Intelligence System for your vehicle, the market value of the vehiclewould be determined by an Adjuster, agreed to by both you and us.
More Definitions of Automotive Business
Automotive Business means the business of designing, manufacturing and selling steering, suspension, braking, engine, safety, electronic, engineered fastening and other components and systems for passenger cars, light trucks and commercial vehicles, including inflatable restraint, seat belt and steering wheel components and systems; braking components systems and related products; steering and suspension systems and components; chassis components modules and integrated vehicle control systems; vehicle dynamic control systems and electronics; access, security and safety electronics systems; display and heating, ventilating and air conditioning electronics; engineered and plastic fasteners and precision plastic moldings and assemblies; engine components and systems; commercial steering systems and components; and aftermarket operations, including parts, service and technical and diagnostic support, as such businesses are or have been conducted by TRW and certain of its Subsidiaries and the Automotive Affiliates, which shall include those divisions of TRW identified on Schedule A to Annex I.
Automotive Business means the electronic and electrical distribution systems businesses, the interior systems business and the electrical motors business conducted by the Company and the Subsidiaries, taken as a whole which, for purposes of this definition, shall include the automotive business as of the date hereof conducted by Otis XxxH.
Automotive Business means the business of designing, manufacturing and selling steering, suspension, braking, engine, safety, electronic, engineered fastening and other components and systems for passenger cars, light trucks and commercial vehicles, including inflatable restraint, seat belt and steering wheel components and systems; braking components systems and related products; steering and suspension systems and components; chassis components modules and integrated vehicle control systems; vehicle dynamic control systems and electronics; access, security and safety electronics systems; display and heating, ventilating and air conditioning electronics; engineered and plastic fasteners and precision plastic moldings and assemblies; engine components and systems; commercial steering systems and components;
Automotive Business means “Automotive Business” as defined in the Designation of Trades and Businesses Regulation, Alta. Reg. 178/1999, as amended;
Automotive Business means the electronic and electrical distribution systems businesses, the interior systems business and the electrical motors business conducted by UTA and its Affiliates, taken as a whole which, for purposes of this definition, shall include the automotive business as of the date hereof conducted by Otis GmbH.
Automotive Business means (i) except with respect to Section 6.13, the business of manufacturing, finishing and selling automotive fabrics as conducted by Seller and the Company as of the date hereof and as of the Closing Date and (ii) with respect to Section 6.13, the business of manufacturing, finishing and selling automotive fabrics as conducted by Seller and the Company as of the date hereof and as of the Closing Date and as conducted by Parent and its Subsidiaries at any time while McCxxxxx xx a member of the board of directors of Parent or any Subsidiary of Parent.
Automotive Business means the business of designing, developing, manufacturing, marketing, selling, or importing motorized land vehicles.