Total Frozen Turnover definition

Total Frozen Turnover has the meaning specified in Section 3.1.

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Total Frozen Turnover shall be equal to the total projected sales of Components by Visteon to Newco using Newco's budgeted volume, mix and rates assumptions for the applicable calendar year.

Total Frozen Turnover has the meaning specified in Section 3.1. -4- <PAGE> 1.2 Subject to Section 13.3, except in regard to the identification of the Parties to this Agreement above, the definitions of Components and Tier 2 Components in Section 1.1, and where the context clearly requires otherwise, a reference in this Agreement to "Ford" includes Ford and its applicable Affiliates, and to "Visteon" includes Visteon and its applicable Affiliates.

Examples of Total Frozen Turnover in a sentence

• All productivity price reductions negotiated by Ford with respect to such portion of the Total Frozen Turnover will be flowed through, unaltered, to Ford and reflected in a corresponding adjustment to the price payable by Ford for the Components to which such portion of the Total Frozen Turnover relates.

• The following definitions shall apply to this calculation: "Total Frozen Turnover" shall be equal to the total projected sales of Components by Visteon to Ford using Ford's budgeted volume, mix and rates assumptions for the applicable calendar year.

• The following definitions shall apply to this calculation: "Total Frozen Turnover" shall be equal to the total projected sales of Components by Visteon to Newco using Newco's budgeted volume, mix and rates assumptions for the applicable calendar year.

More Definitions of Total Frozen Turnover

Total Frozen Turnover shall be equal to the total projected sales of Components by Visteon to Ford using Ford's budgeted volume, mix and rates assumptions for the applicable calendar year.

Total Frozen Turnover shall be equal to the total projected sales of Components by Visteon to Ford using Ford's budgeted volume, mix and rates assumptions for the applicable calendar year; provided that Total Frozen Turnover shall not include any Components described in Subsection 3.1(c).