Company Vehicle definition
Examples of Company Vehicle in a sentence
Executive shall furnish Employer adequate records and other documentary evidence required by Employer with respect to the use of any Company Vehicle or Executive Vehicle.
The Floor Plan Borrowers shall pay in full the Floor Plan Loans made with respect to any Floor Plan Vehicle or Unit within one (1) Business Day after such Floor Plan Vehicle or Unit ceases to qualify as an Eligible New Floor Plan Unit, Eligible Used Floor Plan Unit or Permitted Company Vehicle, as the case may be, as initially identified and financed under the Floor Plan Loans.
If such Loan Request is pursuant to an invoice for an Eligible New Floor Plan Unit or Permitted Company Vehicle, such invoice shall be funded at such time as sufficient availability exists under the Floor Plan Loan Commitments.
Whether Executive will receive a Company Vehicle or an automobile allowance, as well as the amount of the automobile allowance, is subject to change within the reasonable discretion of the Chief Executive Officer.
Company Vehicle A Company car allowance during the Employment Term sufficient to lease an automobile with a value of up to $50,000, and all expenses associated with the vehicle, paid for by the Company.