Fisker Automotive definition
Examples of Fisker Automotive in a sentence
Notwithstanding the provisions of Paragraph 67 regarding the transfer of funds from the Minimum Estimated Property Funding Account, Reserve Property Funding Account, and the Long Term OMM Property Funding Account, the amount of funding provided by the Delaware Department of Natural Resources and Environmental Control (“DNREC”) to Fisker Automotive, Inc.
Except for the restrictions set forth in the Fisker Automotive Stockholders’ Agreement, Borrower has full power and authority to create a first lien on the Shares and no disability or contractual obligation exists that would prohibit such Borrower from pledging the Shares pursuant to this Agreement.
Fisker Automotive has the right to assume or terminate all or part of this Agreement on change of control of Quantum.
Restrictions on the transfer, sale and pledge of the shares of Fisker Automotive owned by Grantor pursuant to the terms of that certain Fisker Automotive Amended and Restated Stockholder Agreement, and the option and other rights of Fisker Automotive and its other shareholders pursuant to the terms of such Amended and Restated Stockholder Agreement.
In the event that Fisker Automotive conducts a Qualified IPO (as defined in the Fisker Automotive Stockholders’ Agreement), then Borrower shall use commercially reasonable efforts to cause the Shares of the capital stock of Fisker Automotive owned or held of record by Borrower to be registered and unrestricted promptly following such Qualified IPO and the expiration of any applicable lock-up period.
Notwithstanding anything in the Existing Documents to the contrary, Eligible Accounts shall not include any Accounts with respect to which the account debtor is Fisker Automotive; and Eligible Inventory shall not include any Inventory from Fisker Automotive, until such time as Bank approves such inclusion in its sole discretion.
Except as provided herein, the Products sold by IW have a five (5) year limited warranty which guarantees the Products will meet the specifications agreed upon by Fisker Automotive and IW and be free from defects in materials or workmanship, provided (i) the Products remain in the stores as originally installed and are not moved therefrom and (ii) the Products are used in the manner for which they were designed and intended.
The parties intend that A123 shall supply batteries for the Nina Program based on A123 meeting Fisker Automotive Inc’s.
Rights of Fisker Automotive to Quantum’s software related to the Q Drive system used in the Fisker Karma vehicle pursuant to the terms of that certain Powertrain Development Agreement, dated January 25, 2008, that certain Master Supply Agreement, dated November 8, 2010, and that certain Third Party Escrow Service Agreement, with an effective date of February 2, 2011.
Option rights held by Fisker Automotive to purchase all tooling used by Grantor in connection with the Fisker Karma program as set forth in Section 16 of Fisker Automotive’s General Terms and Conditions of Sale.