Examples of Initial Annual Business Plan in a sentence
Other than with regard to the Initial Annual Business Plan, each Annual Business Plan shall be subject to the approval of the Board upon Majority Consent.
However, the Company shall be dissolved and its affairs wound up upon the first to occur of any of the following events: (a) Failure to Deliver Initial Annual Business Plan.
The plans for each of Russia, South Africa and Australia with respect to definitive branding strategy, a list of those particular Navistar Truck Models (if any) and Caterpillar Truck Models (if any) to be sold by the Company (together with an introduction date for each such model) and a selection of the JV Dealer(s) and incorporation of such agreed upon plans into the Initial Annual Business Plan and the Initial Rolling Business Plan.
The Parties agree and acknowledge that although the Initial Annual Business Plan covers the remaining portion of the 2009 Fiscal Year and the 2010 Fiscal Year, all subsequent Annual Business Plans shall cover one (1) full Fiscal Year.
Not later than sixty (60) calendar days prior to the end of the Initial Annual Business Plan and each subsequent Fiscal Year, the President shall cause to be prepared and shall present to the Board a business plan (the “Annual Business Plan”) for the succeeding Fiscal Year.
The Parties have agreed to the initial Annual Business Plan (covering the period from the Effective Date through and until October 31, 2009) (as may be modified, amended or supplemented by the Members in accordance with this Agreement, the “Initial Annual Business Plan”).2 The Parties agree and acknowledge that although the Initial Annual Business Plan covers the remaining portion of the 2009 Fiscal Year, all subsequent Annual Business Plans shall cover one (1) full Fiscal Year.
Upon execution of this Agreement, the Initial Annual Business Plan shall be deemed Approved and shall be a part of this Agreement consistent with Section 22.13.
As contemplated in the Initial Annual Business Plan, the Company plans to construct a new manufacturing facility ("Company Facility") in the State of Nuevo Xxxx, to serve as its principal source of Wheel production.
Consistent with the Transition Plan, Provider shall make an offer of full-time employment effective immediately after the Transition Completion Date to all Commission Personnel employed by the Commission as of the Agreement Effective Date who are engaged in a function that has been identified in the Initial Annual Business Plan as being a function that Provider will provide as part of the Services from and after the Transition Completion Date.
If the Members do not agree to update such business plans prior to the Effective Date, the form agreed to at the time of signing the Truck Business Relationship Agreement shall the Initial Annual Business Plan and the Initial Rolling Business Plan.