GM Percentage definition

GM Percentage means the percentage of a Support Facility’s total net sales comprised by net sales to GM and GM’s direct and indirect tiered suppliers for GM production; provided, however, that for the last two (2) months of GM production at any Support Facility, the GM Percentage shall be the Applicable Production Cash Burn Percentage applicable to the month immediately preceding the last two months of GM production at such Support Facility.

GM Percentage means the percentage of a Support Facility’s total net sales comprised by net sales to GM and GM’s direct and indirect tiered suppliers for GM production; provided, however, that for the last two (2) months of GM production at any Support Facility, the GM Percentage shall be the Applicable Production Cash Burn Percentage applicable to the month immediately preceding the last two months of GM production at such Support Facility. Section 1.20 “Applicable Workers’ Compensation” shall mean accrued expenses by Delphi for workers’ compensation claims related to workers’ compensation claims based on work performed on or after January 1, 2006, by hourly employees for the time period included in calculating the Labor Cost Amount. Section 1.21 “Approved Annual Amount” shall mean (i) for calendar years 2008 through 2014, $240 million, unless GM and Delphi have otherwise agreed in writing, and (ii) for the period commencing on January 1, 2015 and ending on September 14, 2015, $170 million, unless GM and Delphi have otherwise agreed in writing. Section 1.22 “Article III Dispute” shall have the meaning ascribed to such term in section 3.10 of this Agreement. Section 1.23 “Assignment and Assumption Agreement — Industrial Revenue Bonds” shall have the meaning ascribed to such term in section 5.01(a)(vi). Section 1.24 “Assumed Liabilities” shall have the meaning ascribed to such term on Exhibit 1.24 to this Agreement. Section 1.25 “Athens Facility” shall mean the facilities consisting of two buildings located on U.S. Xxxxxxx 00 Xxxxx, Xxxxxx, Xxxxxxx 00000. Section 1.26 “Bankruptcy Code” shall mean the Bankruptcy Reform Act of 1978, as amended and codified in title 11 of the United States Code, 11 U.S.C. §§ 101-1330, as in effect on the Petition Date. Section 1.27 “Bankruptcy Court” shall mean the United States Bankruptcy Court for the Southern District of New York or such other court as may have jurisdiction over the Chapter 11 Cases. MRA-5

Examples of GM Percentage in a sentence

• Value to bidders who originally received only anti-biotech information++ Participants Switching to GM Percentage Value per person Average overall valueTortilla Chips (N=25)Vegetable Oil (N=21)Potatoes (N=27)18.6 percent $0.250/bag $0.051/bag ** t value = 2.9128.2 percent $0.190/bottle $0.054/bottle * t value = 2.7525.0 percent $0.179/bag $0.045/bag ** t value = 5.89C.