Supplier Program definition

Supplier Program means the one-year $5,000,000,000 program established in March 2009 by the United States Treasury to support automotive original equipment manufacturers and pursuant to which Supplier Program SPVs supported by committed credit facilities provided by the United States Department of the Treasury will purchase accounts receivable owed to suppliers by automotive original equipment manufacturers, as such program may from time to time be extended in duration, increased or decreased in amount or modified to include Ford Motor Company, in each case on the same terms as the program existing on the date hereof with such changes as shall be acceptable to the Administrative Agent.
Supplier Program means the Auto Supplier Support Program established by the United States Department of the Treasury pursuant to the authority granted to it by and under EESA. 2 “Supplier Program Receivables” means the GM Supplier Program Receivables and the Chrysler Supplier Program Receivables. 2.2 Amendment of Definition ofPermitted Encumbrances”. The definition of “Permitted Encumbrances” shall be amended in its entirety to read as follows: “Permitted Encumbrances” shall mean (a) Liens in favor of the Agent for the benefit of the Secured Creditors; (b) Liens for taxes, assessments or other governmental charges that (i) are not delinquent or (ii) which are being contested in good faith by appropriate proceedings which stay the enforcement of any Lien and with respect to which proper reserves have been taken in accordance with GAAP; provided, however that such Liens shall have no effect on the priority of the Liens in favor of the Agent (and the existence of such Liens shall not violate Section 6.1); (c) deposits or pledges of cash to secure obligations under worker’s compensation, social security or similar laws, or under unemployment insurance or general liability or product liability insurance; (d) deposits or pledges of cash to secure bids, tenders, contracts (other than contracts for the payment of money), leases, statutory obligations, performance bonds, surety and appeal bonds and other obligations of like nature arising in the ordinary course of business; (e) mechanics’, workers’, materialmens’, warehousemens’, common carriers’, landlords’ or other like Liens arising in the ordinary course of business with respect to obligations which are not due or which are being contested in good faith by a Loan Party or its Subsidiaries; (f) Liens (including Liens in connection with capital leases) placed upon equipment and real estate assets acquired to secure a portion of the purchase price thereof; provided that (x) any such Lien shall not encumber any other property of a Loan Party or any Subsidiary thereof (other than insurance and other proceeds of such equipment and real estate) and (y) the aggregate amount of Indebtedness secured by such Liens incurred as a result of such purchases during any fiscal year shall not exceed the amount provided for in Section 7.6; (g) zoning restrictions, easements, encroachments, rights of way, restrictions, leases, licenses, restrictive covenants and other similar title exceptions affecting Real Property, none of which materially impa...

Examples of Supplier Program in a sentence

  • Discount structures will be credited to Strategic Supplier Program and not the individual department.

  • The Prime Contractor and the Unions commit to conduct small business outreach to woman and minority contractors who are qualified, and are certified under the Port’s Small Contractor and Supplier Program.

  • Orders for products in having a net calculated selling price from $5,000 to $25,000 must receive written approval from the Strategic Supplier Program Contract Administrator prior to the Supplier accepting the order.

  • Furthermore, as part of our comprehensive Supply Chain Risk Management (SCRM) plan, immixGroup’s proprietary Trusted Supplier Program guarantees the authenticity of every product we deliver while meeting legal and regulatory requirements to ensure our government customers can buy with confidence, mitigating the risk of receiving counterfeit or potentially tainted products and parts.

  • Supplier acknowledges and agrees that it is subject to and will comply with the Trusted Supplier Program Agreement (“TSPA”).

  • To the extent Vendor uses, collects, accesses, or otherwise processes data for or on behalf of Fortinet, including personal data, Vendor shall notify Fortinet so the parties may enter into the Fortinet Data Processing Addendum and either (a) the Fortinet Supplier Information Security Policy Addendum or (b) the Trusted Supplier Program requirements, as may be necessary.

  • Our Ethical Sourcing Policy (Policy), together with our Ethical Sourcing Supplier Program Requirements (Program Requirements) sets out our expectations of our suppliers regarding labour rights, human rights, environment, health and safety, and business integrity.

  • Grainger's Small and Diverse Supplier Program allows customers to buy WMBE and/or SBE products directly from Grainger and receive regular reporting that shows WMBE and/or BE products purchased by the customer.

  • EC America, Inc.’s Trusted Supplier Program guarantees the authenticity of any product delivered while meeting legal and regulatory requirements – at no added cost – so you can buy with confidence.

  • EC America, Inc.’s proprietary Trusted Supplier Program a part of our Supply Chain Risk Management (SCRM) plan allows us to guarantee the authenticity of every product we deliver while meeting legal and regulatory requirements.


More Definitions of Supplier Program

Supplier Program means the United States Department of the Treasury Auto Supplier Support Program.” ““Supplier Program Receivables” has the meaning provided in Section 7.02(d).”
Supplier Program means the Auto Supplier Support Program established by the United States Department of the Treasury pursuant to the authority granted to it by and under EESA.

Related to Supplier Program

  • Computer program means a set of instructions, rules, or routines recorded in a form that is capable of causing a computer to perform a specific operation or series of operations.

  • Supplier System means the information and communications technology system used by the Supplier in performing the Services including the Software, the Equipment and related cabling (but excluding the Customer System);

  • CRAF Program means the Civil Reserve Air Fleet Program authorized under 10 U.S.C. Section 9511 et seq. or any similar or substitute program under the laws of the United States.

  • Supplier Profit means, in relation to a period, the difference between the total Charges (in nominal cash flow terms but excluding any Deductions (as defined in Call Off Schedule 1 (Definitions)) and total Costs (in nominal cash flow terms) in respect of any Call Off Agreements for the relevant period;

  • Supplier Software means software which is proprietary to the Supplier or its Affiliates which is used or supplied by the Supplier in the provision of the Services; Supplier Staff means all persons employed or engaged by the Supplier together with the Supplier's servants, agents, suppliers, consultants and Sub-Contractors (and all persons employed by any Sub-Contractor together with the Sub-Contractor’s servants, consultants, agents, suppliers and Sub-Contractors) used in the performance of its obligations under this Contract; Time and Materials means the pricing mechanism for the Services as may be agreed by the Parties and set out at paragraph Error: Reference source not found in the SOW; TUPE means the Transfer of Undertakings (Protection of Employment) Regulations 2006 (SI 2006/246) as amended or replaced or any other regulations or UK legislation implementing the Acquired Rights Directive; Velocity means the Metric which measures the total number of Story Points for Stories that have been accepted in a Sprint, indicating the rate of progress towards Acceptance of all Stories from the Product Backlog;

  • AML Program has the meaning ascribed thereto in Schedule 2.1(F)(8) hereof.

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • End User Customer means a third party retail Customer that subscribes to a Telecommunications Service provided by either of the Parties or by another Carrier or by two (2) or more Carriers.

  • the Programme means the Government programme for delivery of smart metering in Great Britain. The Programme is responsible for overseeing the development and implementation of policy, including establishing the commercial and regulatory framework to facilitate the roll-out;

  • Software Program means the software program used by a Fund for providing Fund and account balance information including net asset value per share. Such Program may include the Lion System. In situations where the Lion System or any other Software Program used by a Fund is not available, such information may be provided by telephone. The Lion System shall be provided to Insurance Company at no charge.

  • Computer Programs means a set of related electronic instructions which direct the operations and functions of a computer or device connected to it, which enable the computer or device to receive, process, store, retrieve or send data.

  • Marketing program means a program established by order of the director pursuant to this act prescribing rules and regulations governing the marketing for processing, distributing, selling, or handling an agricultural commodity produced in this state or agricultural commodity input during a specified period and

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Customer Software means software which is owned by or licensed to the Customer;

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • Manufacturer means the person or body who is responsible to the approval authority for all aspects of the type approval process and for ensuring conformity of production. It is not essential that the person or body is directly involved in all stage of the construction of the vehicle, system, component or separate technical unit which is the subject of the approval process.

  • Video programmer means a person or entity that provides video programming to end-user

  • Pilot program means a program using a representative sample of residential and small commercial customers to assist in developing and offering customer choice of electricity supply for all residential and commercial customers.

  • Service program or “service” means any medical care ambulance service or nontransport service that has received authorization by the department.

  • Customer Systems means the Customer's information technology infrastructure, including computers, software, hardware, databases, electronic systems (including database management systems), and networks, whether operated by Customer or through the use of third-party services.

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • Network Customer means an entity receiving transmission service pursuant to the terms of the Transmission Provider’s Network Integration Transmission Service under Tariff, Part III. Network External Designated Transmission Service:

  • E-Verify Program above means the employment verification program administered by the United States Department of Homeland Security, the Social Security Administration, or any successor program.

  • PACE program means a program implemented by a municipality to stimulate energy efficiency and renewable energy projects in conformity with Act 270.

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • Educational program means a program for educating and preparing physician assistants which is approved by the board.