MASTER AGREEMENT PLANT definition

MASTER AGREEMENT PLANT means a facility where some or all of the hourly employees working there are represented by the UAW under the Master Agreement.
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MASTER AGREEMENT PLANT means a facility where some or all of the hourly employees working there are represented by the UAW under the Master Agreement. "NEWCO" means Automotive Components Holdings, LLC (f/k/a VFH Holdings, LLC) and its Affiliates. "NEWCO - VISTEON PSA" means the Purchase and Supply Agreement Regarding Sales of Components from Automotive Components Holdings, LLC to Visteon Corporation between Automotive Components Holdings, LLC (f/k/a VFH Holdings, LLC) and Visteon dated as of September 30, 2005. "NON-DEFAULTING PARTY" has the meaning specified in Section 8.1. "NORTH AMERICA" means Canada, Mexico and the United States. "PARTY" or "PARTIES" has the meaning specified in the opening paragraph of this Agreement. "PERSON" means an individual, a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, a joint venture, an unincorporated organization or a governmental entity or any department, agency or political subdivision thereof. "PURCHASE ORDER" means a Purchase Order (as defined in the Global Terms) issued for Components, except in regard to the tooling referenced in Section 5.2, in which case it also refers to the Purchase Order (as defined in the Global Terms) issued for such tooling. "SERVICE PARTS" means parts, components and systems that Ford or its Related Companies (as defined in the Global Terms), including, without limitation, FCSD, Ford Component Sales, Ford Racing or Ford Power Products, may offer for resale to authorized Ford, Lincoln, or Mercury vehicle dealers and others as service parts or replacement parts or accessories. By way of illustration, the term "Service Parts" includes both those parts, components and systems that are an exact match of a part, component or system that is sold to Ford or such of its Related Companies for use in production of vehicles as well as Component Parts. For the purposes of this definition: "COMPONENT PART" means a Service Part that is a component of a larger assembly or system. "SOURCE" means the awarding of a Target Agreement or a Sourcing Agreement with Pricing as to a Component for an estimated program volume over a specified number of years. The term "Source" does not include the issuance of a Sourcing Agreement with Preliminary Targets or a Sourcing Agreement without Pricing. "SOURCING AGREEMENT" means an agreement that may be entered into before a Purchase Order is issued to advise the supplier that Ford intends to Source goods or services to such supplier assumin...
Sample 1
MASTER AGREEMENT PLANT means a facility where some or all of the hourly employees working there are represented by the UAW under the Master Agreement. "NON-DEFAULTING PARTY" has the meaning specified in Section 9.1. "NON-FORD COMPONENTS" mean Components which are, or which are supplied for incorporation into another part, component or system, for ultimate use in a vehicle other than a Ford Vehicle. "NORTH AMERICA" means Canada, Mexico and the United States. "NORTH AMERICAN SOURCING COUNCIL" means a Ford process to ensure that Ford honors commitments to Ford Master Agreement Workers at Ford or Newco facilities in the United States with respect to sourcing actions; to provide a framework for avoiding labor disturbances and lost production; and to ensure that Ford senior management concurs with sourcing decisions. For the purposes of this Agreement, in determining whether the North American Sourcing Council process was or is required to be followed, or its approval was or is required, in regard to a particular action: (i) taken prior to the date of this Agreement, the North American Sourcing Council process and requirements in effect at the time the applicable action was taken (including, without limitation, any applicable requirements under the 2003 PSA) apply; and, (ii) for actions taken on or after the date of this Agreement, the North American Sourcing Council process will be required to be followed, and its approval obtained, if one or more Ford Master 5 <PAGE> Agreement Workers' jobs would be impacted by such action. "OEM CUSTOMER" means a Person in the business of manufacturing motor vehicles. "PARTY" or "PARTIES" has the meaning specified in the opening paragraph of this Agreement. "PERSON" means an individual, a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, a joint venture, an unincorporated organization or a governmental entity or any department, agency or political subdivision thereof. "PURCHASE ORDER" means, in regard to particular Components, the Purchase Order or Long Term Supply Agreement between Visteon and Newco covering such Components (as described in Section 2.3 or 2.4, in regard to Existing Business). "SERVICE PARTS" is as defined in Exhibit 5. "SUBCOMPONENTS" means Components incorporated into, or that are a part of, another Component. "VISTEON RELATED COMPANY" is as defined in Exhibit 4. 1.2 Subject to Section 15.3, except in regard to the identification of the Parties to this Agreement above or where...
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More Definitions of MASTER AGREEMENT PLANT

MASTER AGREEMENT PLANT means a Visteon facility, including a Visteon Affiliate's facility, where some or all of its hourly employees are represented by the UAW under the Master Agreement.
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MASTER AGREEMENT PLANT has the meaning specified in the P&SA.
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Related to MASTER AGREEMENT PLANT

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