GM Canada definition

GM Canada. General Motors of Canada Limited, a corporation established pursuant to the laws of Canada.
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GM Canada means General Motors of Canada Limited; “GM US” means General Motors Company;
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Examples of GM Canada in a sentence

  • Notwithstanding anything to the contrary herein, nothing contained in this Section 6 shall restrict, limit or otherwise prohibit GM Canada or any of its Canadian Subsidiaries from complying with any payment obligation or any other affirmative obligation under the Canadian Facility.

  • For the avoidance of doubt, this provision does not apply to or release the right of the Representative Noteholders and the Nova Scotia Trustee to bring a Motion under Sections 503/105 of the Bankruptcy Code in the MLC bankruptcy proceeding as specified in Paragraph 29 of this Settlement Agreement and to receive payment, if such motion is approved, from the MLC bankruptcy estate (and not New GM, GM Canada or any affiliate or subsidiary thereof).

  • Stand-By Fee (formerly known as Lease Premium Payment) $3.75 million quarterly payment owed by GM under Section 3.9 of the U.S. Consumer Agreement from 2009 through 2014, but only to the extent of the amount of such obligations not in excess of the Canadian exclusivity fees owed by GMAC Canada Limited to GM Canada Limited under the Canada Consumer Agreement.

  • Michigan General Motors Ventures LLC Delaware Global Services Detroit LLC Delaware GM Canada Holdings LLC Delaware GM Regional Holdings LLC Delaware GMGP Holdings LLC Delaware Maven Drive LLC Delaware Foreign Entities Name of Entity Jurisdiction of Organization General Motors Automobiles Philippines, Inc.

  • From 1998 to 2000, he served as Treasurer of GM Canada, a $28 billion operating subsidiary.

  • GM shall not cease to own, directly or indirectly, at least a majority of the outstanding stock having by the terms thereof the ordinary voting power to elect a majority of the board of directors of GM Canada.

  • Subsection 6.4 of the Credit Agreement is hereby amended by deleting the words “any disposition to any Loan Party” and inserting in lieu thereof “any Disposition to any of GM, GM Canada and Saturn” in clause (e) thereof.

  • With respect to each Acceptance which is outstanding hereunder, GM Canada shall notify the Agent prior to 11:00 A.M., Toronto time, two Business Days prior to the maturity date of such Acceptance (which notice shall be irrevocable) of its intention to either (x) issue Acceptances on such maturity date to provide for the payment of such maturing Acceptance and shall deliver to the Agent a Drawing Notice with respect thereto or (y) repay the maturing Acceptances on the maturity date.

  • In the case of the Canadian/US Secured Commitments, after giving effect to any extension of credit thereunder to GM Canada, the Canadian Total Secured Exposure shall not exceed the lesser of (i) $6,000,000,000 minus the US Total Secured Exposure and (ii) the Effective Canadian Collateral Value.

  • In addition, the Borrower shall pay to the Issuing Bank for its own account a fronting fee of 0.125% per annum (or such lower rate as agreed to between GM and GM Canada, as the case may be, and such Issuing Bank) on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

Related to GM Canada

  • Canada means the ten provinces of Canada, the Yukon Territory, the Districts and Islands comprising the Northwest Territories of Canada and Nunavut.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of the central banking and also includes its successors;

  • Tobacco products means cigars, cigarettes, cheroots, stogies, periques, granulated, plug cut, crimp cut, ready rubbed, and other smoking tobacco, snuff, snuff flour, moist snuff, cavendish, ping and twist tobacco, fine-cut and other chewing tobaccos, shorts, refuse scraps, clippings, cuttings and sweepings of tobacco, and other kinds and forms of tobacco, prepared in such manner as to be suitable for chewing or smoking in a pipe or otherwise, or both for chewing and smoking.

  • Europe means the European Union, the European Economic Area and/or their member states, Switzerland and the United Kingdom.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • Factory branch means a branch office maintained by a person for the sale of motor vehicles to

  • India means the territory of India and includes the territorial sea and airspace above it, as well as any other maritime zone in which India has sovereign rights, other rights and jurisdiction, according to the Indian law and in accordance with international law, including the U.N. Convention on the Law of the Sea;

  • domestic customer means the occupier of domestic premises;

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • Domestic end product as used in this clause, means, (1) an unmanufactured end product mined or produced in the United States, or (2) an end product manufactured in the United States, if the cost of its components mined, produced, or manufactured in the United States, exceeds 50 percent of the cost of all its components. Components of foreign origin of the same class or kind as the products referred to in paragraphs (b)(2) or (3) of this clause shall be treated as domestic. Scrap generated, collected, and prepared for processing in the United States is considered domestic.

  • Universal Digital Loop Carrier (UDLC means the DLC system that has a CO terminal channel bank that is connected to the CO switches on the analog side.

  • Motorsport Australia means the Confederation of Australia Motor Sport Ltd. trading as Motorsport Australia;

  • Borrower Products means all products, software, service offerings, technical data or technology currently being designed, manufactured or sold by Borrower or which Borrower intends to sell, license, or distribute in the future including any products or service offerings under development, collectively, together with all products, software, service offerings, technical data or technology that have been sold, licensed or distributed by Borrower since its incorporation.

  • UAE means the United Arab Emirates.