Company Car definition

Company Car. Expenses shall include: (i) insurance; (ii) gas, regular servicing, maintenance and repairs (unless caused by Executive's own negligence, mistreatment or misuse of the Company Car, or from Executive's own misconduct); and (iii) all lease or debt service payments on such Company Car. Executive shall be responsible for all personal costs and expenses associated with any personal use of the Company Car. All Company Car Expenses shall be reimbursed and payable consistent with the provisions of Section 3.3 above. In the event that Company adopts a "car allowance " policy, Executive's allowance shall be approximately Five Hundred and No/100 Dollars ($500.00), provided such sum is reasonably comparable to that being provided similar executives and managers of the Company.
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Company Car. Executive perquisite automobile as provided by NIE policy; includes executive parking.
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Company Car means a car or van—
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Examples of Company Car in a sentence

  • Employee shall have no rights of lien with respect to the Company Car and/or any of said equipment and documents.

  • The Company Car shall be placed with the Employee for his business and personal use.

  • Employee shall take good care of the Company Car and ensure that the provisions of the insurance policy and the Company’s rules relating to the Company Car are strictly, lawfully and carefully observed.

  • The money will come from a temporary rise in Company Car Tax and Vehicle Excise Duty on new diesel cars.

  • All taxes arising out of the use of the Company Car shall be borne by Employee, and Employee acknowledges that such taxes will be withheld from Employee’s salary as required by law.

  • The Company Car will remain in BioLine’s ownership, and will be returned to BioLine immediately upon termination of Employee’s employment with BioLine for any reason, as of the date of termination.

  • During the Period of Employment, Executive shall be entitled to an automobile or to a lease for an automobile (the "Company Car") for up to $1,500.00 per month and the cost of automobile insurance for such Company Car.

  • Employee will be provided with a Company automobile in accordance with the Company Car policy.

  • Employee shall use the Company Car in accordance with BioLine’s car policy then in effect, as well as the requirements of the leasing company and the insurance company.

  • The parties hereto agree and acknowledge that Company shall have the right to withhold from any payments made or benefits provided to the Employee any and all amounts that are necessary to enable the Company to satisfy any withholding or other tax obligation that arises in connection with such payments or benefits, and the Company shall report any such amounts that it determines are compensation income on a Form W-2, including but not limited to the value of the Company Car.


More Definitions of Company Car

Company Car. The Company shall provide Employee with a Company car [monthly lease payments shall not exceed approximately Six Hundred Dollars ($600.00)] for Employee's use for business purposes in accordance with standard Company guidelines. This car shall be insured and registered with the Motor Vehicle Department by the Company. Employee is responsible for proper maintenance, gasoline, traffic violation fines, etc. Repairs for other than routine maintenance shall be the responsibility of the Company.
Sample 1
Company Car. You are eligible for a Company Car at the benchmark level for your grade or an annual cash equivalent of £15,252, subject to normal deductions. You will be provided separately with a copy of the Company Car policy. Further details can be obtained from the Car Fleet department on 01604 618986.
Sample 1
Company Car. The Company shall provide Employee with a Company car for Employee's use for business purposes in accordance with standard Company guidelines. This car shall be insured and registered with the Motor Vehicle Department by the Company. Employee is responsible for proper maintenance, gasoline, traffic violation fines, etc. Repairs for other than routine maintenance shall be the responsibility of the Company.
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Company Car. The Employer puts at the disposal of the Manager a company car, presently Audi A6 or equivalent, for business and private use. Fuel consumption for private use is to be paid by the Manager.
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Company Car means a car, van, or truck that is owned or rented by EDNC or any of its construction contractors and has been authorized for entry by Bayer's security director for purposes of this Ground Lease;
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Related to Company Car

  • CAR means a chimeric antigen receptor.

  • RBI means the Reserve Bank of India.

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(e).

  • DTS means Days to Settlement, i.e., the number of actual days elapsed from and including the original Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) or from and including the date of the next preceding payment (in the case of any subsequent delayed delivery fee payment with respect to such Accepted Note) to but excluding the date of such payment; and "PA" means Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with paragraph 2B(7).

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Company has the meaning set forth in the Preamble.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Medical flexible spending arrangement or "medical FSA" means a benefit plan whereby eligible state employees may reduce their salary before taxes to pay for medical expenses not reimbursed by insurance as provided in the salary reduction plan established under chapter

  • Air kerma means kerma in a given mass of air. The unit used to measure the quantity of air kerma is the Gray (Gy). For X-rays with energies less than 300 kiloelectronvolts (keV), 1 Gray of absorbed dose is delivered by 114 roentgens (R) of exposure.

  • SBI means State Bank of India (Client) having its Corporate Centre at Madame Cama Road, Nariman Point, Mumbai- 400 021 and its representative Local Head Offices/Administrative Offices/Regional Business Offices/Branches at various places across India and includes the client’s representatives, successors and assigns.

  • EAP means the Employee Assistance Program offered through the City and County of San Francisco.

  • FMS Means the provision by Cartrack to the Client of a real-time web-based system whereby the Client is able to position, monitor and obtain reports covering various aspects of driver and vehicle performance. This Service only applies where a GPS fleet management Unit is installed and is limited to the Territory, except if the Product specifically incorporates international data roaming, in which case the roaming data service will be provided in specified countries.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • motor car means any motor vehicle other than a transport vehicle, omnibus, road-roller, tractor, motor cycle or invalid carriage;

  • AMC means Annual Maintenance Contract

  • FOIP means the Freedom of Information and Protection of Privacy Act,

  • urge buckslip optional, but recommended. (This is a small, single sheet of paper that requests Customers to vote as quickly as possible and that their vote is important. One copy will be supplied by the Fund.)

  • Original Public Sector Employee means a former employee of the Crown or other public sector body who as a result of the application of the TUPE Regulations, in relation to what was done for the purposes of carrying out a contract for the provision of services which were equivalent of or similar to the Services, becomes or became an employee of someone other than the Crown or other public sector body.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • Automobile service station means a building or structure or part thereof open to the public where motor vehicles are washed, serviced, repaired, fueled, leased, sold or displayed and may include, but are not limited to a gas bar, car wash, body shop or general or specialty repair shops;

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Business Benefit Plan means each Benefit Plan that is contributed to, sponsored, maintained or entered into by Seller or a Retained Subsidiary, a Purchased Subsidiary or any Affiliate of any of them for the benefit of any Business Employee.

  • PICB means Performance Improvement and Compliance Branch of the Ministry, or any other branch or organizational unit of the Ministry that may succeed or replace it.

  • PBI means Pitney Xxxxx Inc. “Pitney Xxxxx” means PBI and its subsidiaries. “We”, “our” or “us” refers to the Pitney Xxxxx companies with whom you’ve entered into the Order. “You” or “your” refers to the entity identified on the Order. “Meter” means any postage meter supplied by PBI under the Order, including (i) in the case of a Connect+®, a SendPro® P series or a SendPro C series mailing system, the postal security device that accounts for and enables postage to be purchased and printed (“PSD”), and (ii) in the case of all other mailing systems, the PSD, the user interface or keyboard and display and the print engine. “Meter Services” means access to the PSD to download, account for, and enable printing of postage within a PBI Postage Evidencing System as defined in Title 39, Part 501 of the Code of Federal Regulations (“CFR”); USPS mandated processes associated with the PSD, including registration, usage reporting and withdrawal; repair or replacement of the PSD as described in Section 26; and the Soft- Guard Program outlined in Section 28. “Equipment” means the equipment listed on the Order, excluding any Meter or standalone software. “Lease” means Lease terms and conditions set out in Sections 10 through 17. The provisions included in these Terms consist of: (i) General Terms; (ii) Lease Terms; (iii) a Service Level Agreement; (iv) Equipment Rental and Meter Services Terms; (v) an Acknowledgement of Deposit required by the United States Postal Service in any transaction involving a Meter; (vi) Purchase Power® Terms for a limited purpose credit line that may be available to you; and (vii) provisions relating to specific products.