Company Cars definition

Company Cars means, collectively, the approximately 7,600 Chrysler-, Dodge- and Jeep- branded vehicles owned by the Debtors as of the Closing Date that previously were designated for use for various company purposes and the proceeds thereof, but excluding any lease revenue associated therewith.
Company Cars means, collectively, the approximately 7,600 Chrysler-, Dodge- and Jeep-
Company Cars means the vehicles set forth on Schedule 10.

Examples of Company Cars in a sentence

  • Within 20 business days after the date hereof, Seller will provide Buyer a true, complete and correct list of all leases of personal property with respect to the Analytical Instruments Business involving any annual expense in excess of $100,000 in any fiscal year in the Covered Period that cannot be cancelled by the Analytical Instruments Business within 90 days without material premium or penalty, excluding any master leases for Company Cars.

  • As of December 31, 2009, approximately 5,400 Company Cars had been sold for a total cash consideration of $97,164,790 million.

  • Personal Tax Treatment of Company Cars and Commuting Expenses: Estimating the Fiscal and Environmental Costs, OECD Taxation Working Papers, No. 20, OECD Publishing, Paris.

  • In addition, New Chrysler agreed to purchase 2,951 of the Company Cars (collectively, the "Purchased Vehicles") for its continued use in connection with its ongoing business operations and for the continued use of its employees.Pursuant to a letter agreement dated August 7, 2009 (the "Car Sale Letter Agreement"), the Debtors agreed to sell the Purchased Vehicles to New Chrysler for $17,500 per Company Car, or a total cash consideration of $51,642,500.All of the Purchased Vehicles were Non-Revenue Cars.

  • To: Anthony ByarsFrom: Evelyn WrightDate: 24 April 2018 Subject: Company Cars Dear Anthony As you know, Malcolm has left the company and as a result I have taken over the management of the company’s pool car which is a small petrol car (list price of £14,200 and CO2 of 110g/km) and for which we provide all fuel.

  • The First Lien Winddown Order, in conjunction with the DIP Lender Winddown Order, resolves any potential disputes with respect to the validity of the security interests in and liens on the Company Cars by distributing 80% of the net proceeds from the sale or other disposition of such collateral (the "Car Proceeds") to the First Lien Lenders, and providing that the remaining 20% of the Car Proceeds (the "Remaining Share") will be treated under the terms of the DIP Lender Winddown Order.

  • Costs associated with the Company Cars will be paid from Car Proceeds or otherwise in proportion to the rights to these proceeds, such that the First Lien Lenders bear 80% of such costs, the Government DIP Lenders bear 16% of such costs and the Daimler Fund bears 4% of such costs.

  • Certain other Company Cars (collectively, the "Non-Revenue Cars") were provided to various parties without any expectation of payment and generated no revenue for Old Carco.

  • These technologies must then be implemented and integrated into real-life parallel simulation codes in order to address critical applications that are at the frontier of our know-how.

  • In addition, under the TSA, New Chrysler agreed to assist in the orderly winddown of all Company Car programs, at the conclusion of which New Chrysler would auction all Company Cars for the benefit of the Debtors.

Related to Company Cars

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

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

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

  • Company has the meaning set forth in the Preamble.

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

  • PBS means the Pharmeceutical Benefits Schedule (PBS) that is a list of all the medicines that receive a government subsidy.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Company Personnel means any current or former officer, employee, director or consultant of the Company or any of its Subsidiaries.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • LSI means Large Scale Industry

  • Company Equipment means all equipment supplied by the Company to the Contractor, to use in the performance of the Work and which is specified in the Contract as “Company Equipment”.

  • 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.

  • 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.

  • Company Systems means the computer and data processing systems, maintenance service agreements, and information, recordkeeping, account management, account management, communications technologies and other computer systems (including all computer programs, software, databases, firmware, hardware and related documentation) and Internet websites and related content used in the businesses of the Company and its Subsidiaries.

  • RBI means the Reserve Bank of India.

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

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

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Company Equity Plans means (i) the Company’s 2014 Equity Incentive Plan as amended and restated from time to time, (ii) the Company’s 2004 Equity Incentive Plan, as amended and restated from time to time and (iii) the Inference Technologies Group Inc. 2018 Equity Incentive Plan, as amended and restated from time to time.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • 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).

  • CRS means the Standard for Automatic Exchange of Financial Account Information approved on 15 July 2014 by the Council of the Organisation for Economic Cooperation and Development, also known as the Common Reporting Standard, and any bilateral or multilateral competent authority agreements, intergovernmental agreements and treaties, laws, regulations, official guidance or other instrument facilitating the implementation thereof and any law implementing the Common Reporting Standard;

  • 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

  • Motorola means Motorola, Inc., a Delaware corporation.

  • 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.

  • Acquired Corporations means the Company and each of its Subsidiaries, collectively.