Open Point definition

Open Point means a new franchised automobile dealership opened, or to be opened, pursuant to the right to open a new franchised automobile dealership in a specific location granted to a dealer by an automobile manufacturer;
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Open Point means that Jaguar/Land Rover dealership, and the rights to own and operate the same, held by JRA Dealership LP, anticipated to be opened in 2020 in Austin, Texas.
Sample 1

Examples of Open Point in a sentence

  • Accordingly, the Fund has consolidated the operating results of the Nissan Dealership Open Point subsequent to July 13, 2007.

  • The Nissan Dealership Open Point is located in Prince George, British Columbia, and commenced operations on August 31, 2007 under the name Northland Nissan, and will be owned and operated by a subsidiary of CAG which owns 46% of the Fund on a fully diluted basis.

  • As a result of the Fund's financing of the purchase and the related agreements, the Fund has determined that the Nissan Dealership Open Point is a VIE and it is the primary beneficiary as defined by AcG-15.

  • On July 13, 2007, the Fund entered into a credit agreement with CAG to finance the opening of a Nissan Dealership Open Point by CAG and enter into a management agreement to provide it with management services.

  • A Potential Open Point includes any circuit breaker, contactor, switch, etc., that is capable of being opened and/or closed, and which is not equipped with either a sync check or synchronizing function.

  • Whenever a Generator is configured to operate in electrical parallel with the Utility grid, Customer shall ensure that any Potential Open Point (“Open Point”) located in the circuit between the Generator output and the Utility service is suitably interlocked to preclude the possibility of a potential out-of-sync closure occurring between the power sources.

  • The right to open a new franchised automobile dealership in a specific location granted by an automobile manufacturer to a dealer is referred to in the industry as an Open Point.

  • No.Column 1Data point based on draft assessment report orcomments from MSColumn 2Comments from Member States or applicantColumn 3Evaluation by (i) Co-rapporteur, and(ii) RapporteurColumn 4Data requirement or Open Point (if data point not addressed or fulfilled)(Annex point)4(9)Vol 3.

  • For the purpose of this document, a Potential Open Point constitutes any circuit breaker, contactor, switch or similar device that can be opened and/or closed, and which is not equipped with either a sync check or synchronizing function.

  • During a public health emergency, the City agrees to allow PCHD to use the Riverside Fire Station to operate an Open Point of Dispensing (POD) site.

Related to Open Point

  • Open Position means a Long Position or a Short Position which is not a Completed Transaction.

  • Open Positions means aggregate risk disclosure, arising from buy or sell of financial instruments in accordance with Client instructions pending for subsequent counter-transaction to close/settle such market trades/disclosures.

  • Meet Point A point, designated by the Parties, at which one Party’s responsibility for service begins and the other Party’s responsibility ends.

  • Barrel means forty-two (42) United States gallons of 231 cubic inches of sixty degrees Fahrenheit (60ºF) and equilibrium vapor pressure.

  • Open dump means a site on which any solid waste is placed, discharged, deposited, injected,

  • Open burning means the combustion of any material without the following characteristics:

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Origin Point means the receipt/inception point(s) where Product is received into the System, as such points are specified in Section III of this tariff.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Flash point means the lowest temperature of a liquid at which its vapours form a flammable mixture with air;

  • LNG means liquefied natural gas.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Destination Point means the delivery point(s) on Carrier’s System where Product is delivered to Shipper, as such points are specified in Section III of this tariff.

  • H-point means the pivot centre of the torso and thigh of the H-point machine when installed in a vehicle seat in accordance with Annex 3. Once determined in accordance with the procedure described in Annex 3, the "H" point is considered fixed in relation to the seat-cushion structure and is considered to move with it when the seat is adjusted in the X direction.

  • MMBtu means one million British Thermal Units.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • MMcf means one million cubic feet.

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • Receipt Point(s) means the receipt points set forth in Section 6 of this Toll Schedule.