Examples of Leased Automobile in a sentence
The words Leased Automobile shall mean any Automobile owned by the Insured and leased to others for a period in excess of thirty (30) consecutive days for which the Insured has a lease contract in his possession specifying terms which include the date the automobile is to be returned to the Insured.
In addition to the foregoing, eLoyalty has paid directly to the Auto Lessor, a one-time lease acquisition payment ("Acquisition Payment") of One Thousand Dollars (US$1,000), which covers the costs of acquiring the necessary registration and license plates to operate the Leased Automobile in the U.S. as well as other related local governmental fees charged.
Upon the payment in full of such loan, Company shall provide Consultant with a leased vehicle of a make and model similar to the Pre-Merger Automobile (the "Leased Automobile") for any remaining portion of the Consulting Period.
The parties hereto hereby acknowledge and agree that, on and after the Closing, Seller Representative shall, at his own cost, expense and risk, retain the Leased Automobile.
The words Leased Automobile shall not include any automobile rented or leased to any one person for a period that does not exceed thirty (30) consecutive days.
On or before the expiration of the lease of the automobile currently used by Sperxxxx xxx leased by the Company (the "Leased Automobile"), Sperxxxx xxxll have the right to acquire the Leased Automobile for a purchase price equal to the acquisition price of the Leased Automobile plus all related charges under such lease, payable in cash by Sperxxxx xx the Company on the date of the transfer of title of the Leased Automobile.
In addition, during the Consulting Period, the Company shall pay the full cost of appropriate and customary automobile insurance for the use by the Consultant of the Pre-Merger Automobile and the Leased Automobile in accordance with the foregoing.
During the Initial Term of Employment, eLoyalty will, at eLoyalty's sole discretion, pay to Employee or directly to the applicable automobile leasing company ("Auto Lessor"), the net amount of Seven Hundred and Fifteen United States Dollars (US$715) per month to be applied against Employee's monthly payments required for Employee's lease of an automobile (the "Leased Automobile") in the U.S ("Automobile Lease") until January 31, 2004 ("Automobile Lease Expiration Date").