Demonstrator Vehicles Sample Clauses

The 'Demonstrator Vehicles' clause defines the terms under which vehicles are provided for demonstration purposes, typically to showcase features or performance to potential buyers or partners. This clause outlines the responsibilities for maintenance, insurance, and permitted use of the vehicles during the demonstration period, and may specify conditions for return or liability for damage. Its core function is to clearly allocate responsibilities and manage risks associated with the temporary use of vehicles for demonstration, ensuring both parties understand their obligations and liabilities.
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Demonstrator Vehicles. The use of two luxury demonstrator vehicles annually of Employee’s choice and otherwise in accordance with the personnel policies of the Employer in effect from time to time, including all reasonable related expenses such as insurance, maintenance and gasoline.
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Demonstrator Vehicles. During their lifetimes, ▇▇▇▇▇ and ▇▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇ shall each be entitled to the use of one demonstrator vehicle (which vehicle shall be a 750 il equivalent) subject to the same terms and conditions applicable to other employees of the Company who are provided with a demonstrator vehicle. During ▇▇▇▇▇' lifetime, ▇▇▇▇▇ shall also be entitled to an additional demonstrator vehicle (which vehicle shall be a 740 il equivalent) for the use of ▇▇▇▇▇ ▇▇▇▇▇▇▇ or, in the event that ▇▇. ▇▇▇▇▇▇▇ ceases to be employed by ▇▇▇▇▇, any person who assumes her position. In the event that ▇▇▇▇▇, directly or indirectly, acquires an ownership interest in or becomes employed by an entity that is engaged in the business of selling automobiles or light-duty trucks, then ▇▇▇▇▇', ▇▇▇. ▇▇▇▇▇' and ▇▇. ▇▇▇▇▇▇▇'▇ right to the use of demonstrator vehicles pursuant to this Section shall terminate.
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Demonstrator Vehicles. In addition to the terms and conditions for all bailed Vehicles set forth in this Agreement, Manufacturer shall strictly adhere to the terms and conditions set forth in this section 15 when using Demonstrator (Demo) Vehicles: (a) Authorized Manufacturers shall utilize Demonstrator Vehicles only according to the terms and conditions set forth in the annual Show Them The Value Demonstrator Program announcement and website at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or according to other terms and conditions set forth by Ford from time to time. Use of Demo Vehicles according to Ford’s terms and conditions shall be considered the Allowable Use. Ford and Manufacturer agree that Demo Vehicles are on bailment from Ford to the Manufacturer. Ford lends the Demos to Manufacturer to be held and used by Manufacturer, only as a bailee of the Vehicle, in accordance with this Agreement and the terms and conditions of the respective STTV program. Demos shall not be removed from Manufacturer’s control without Ford’s prior written approval, other than for the Allowable Use purposes. Demos shall remain the property of Ford and Manufacturer shall bear the risk of loss or damage that occurs to Demos except for loss or damage arising from the sole negligence of Ford. The Demos shall at all times be properly used and maintained by Manufacturer. Ford shall have the right to enter onto Manufacturer’s premises at reasonable times to inspect or remove Demos. Manufacturer shall ensure that Demos are operated at all times in a safe, careful and lawful manner by legally qualified drivers who are employees of Manufacturer and stand in relations to the Manufacturer as employee to employer or are otherwise authorized by Manufacturer. (b) With respect to taxes, fees, registration and other legally required permits and obligations for Demos Manufacturer shall: i. obtain all necessary authorizations, permits, waivers or exemptions that may be required from a government agency to operate the Demos on public highways and assume responsibility for ensuring that if necessary, the Demo has been properly registered and titled, including any required inspections or testing, in accordance with the laws of the jurisdiction where the Demo will be primarily used. ii. pay all occupational taxes and governmental charges imposed (and all increases therein), including any permits, special permits, licenses or taxes required by the business of Manufacturer iii. pay any tolls or similar usage fees resulting from operation. i...
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Demonstrator Vehicles. A. The Executives, jointly and severally, warrant and represent that attached hereto as Exhibit "C" is a true, correct and complete list of all of the demonstrator vehicles owned by the McDavid Group dealerships that were in the possession o▇ ▇▇▇▇▇ol of the Executives from and after July 30, 2003 (the "Demonstrator Vehicles"). Concurrently with their execution of this Agreement, the Executives will return the Demonstrator Vehicles to the McDavid Group. B. Within thirty (30) days of the return of t▇▇ ▇▇▇▇nstrator Vehicles to the McDavid Group, Asbury will make cash payments, less applicable withhold▇▇▇ ▇nd taxes, to each of the Executives in the amount as follows: McDavid Sr. $ 75,000.00 David Jr. $100,000.00 James $100,000.00 ▇▇▇▇▇: $ 275,000.00 C. The ▇▇▇▇▇tives agree to indemnify and hold Asbury and its subsidiaries harmless from claims, liabi▇▇▇▇▇▇, obligations, losses or damages asserted by third parties against Asbury arising out of the use of the Demonstrator Vehicle▇ ▇▇ ▇he Executives or those driving the Vehicles with consent of the Executives, to the extent that such claims are not (i) covered by insurance maintained by Asbury or its subsidiaries; provided, however, that the ▇▇▇▇utives shall be liable and shall reimburse Asbury or its subsidiaries for any insurance deductible (not ▇▇ exceed $5,000.00 per occurrence) or (ii) subject to obligations of indemnity from Asbury or its subsidiaries to the Executives under the ag▇▇▇▇▇▇ts or instruments identified on Exhibit "A" attached hereto and made a part hereof for all purposes.
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Related to Demonstrator Vehicles

  • Motor Vehicles (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each motor vehicle with a value in excess of $10,000 owned by it, with the Collateral Agent listed as lienholder, for the benefit of the Noteholders. (ii) Each Grantor hereby appoints the Collateral Agent as its attorney-in-fact, effective the date hereof and terminating upon the termination of this Agreement, for the purpose of (A) executing on behalf of such Grantor title or ownership applications for filing with appropriate Governmental Authorities to enable motor vehicles now owned or hereafter acquired by such Grantor to be retitled and the Collateral Agent listed as lienholder thereof, (B) filing such applications with such Governmental Authorities, and (C) executing such other agreements, documents and instruments on behalf of, and taking such other action in the name of, such Grantor as the Collateral Agent may deem necessary or advisable to accomplish the purposes hereof (including, without limitation, for the purpose of creating in favor of the Collateral Agent a perfected Lien on the motor vehicles and exercising the rights and remedies of the Collateral Agent hereunder). This appointment as attorney-in-fact is coupled with an interest and is irrevocable until all of the Obligations are Paid in Full. (iii) Any certificates of title or ownership delivered pursuant to the terms hereof shall be accompanied by odometer statements for each motor vehicle covered thereby. (iv) So long as no Event of Default shall have occurred and be continuing, upon the request of any Grantor, the Collateral Agent shall execute and deliver to any Grantor such instruments as such Grantor shall reasonably request to remove the notation of the Collateral Agent as lienholder on any certificate of title for any motor vehicle; provided, however, that any such instruments shall be delivered, and the release effective, only upon receipt by the Collateral Agent of a certificate from any Grantor stating that such motor vehicle is to be sold or has suffered a casualty loss (with title thereto in such case passing to the casualty insurance company therefor in settlement of the claim for such loss) and the amount that any Grantor will receive as sale proceeds or insurance proceeds. Any proceeds of such sale or casualty loss shall be paid to the Collateral Agent hereunder immediately upon receipt, to be applied to the Obligations then outstanding.

  • Vehicles and Equipment The Council shall bear the cost of "identification of Welder" cards required by high pressure welders in the performance of their assigned duties at the Council.

  • Vehicles If an employee is required to use their own automobile in the performance of their duties, the Employer shall ensure that the position posting or advertisement shall include this requirement.

  • Motor Vehicle Liability 1. Coverages E and F do not apply to any "motor vehicle liability" if, at the time and place of an "occurrence", the involved "motor vehicle": a. Is registered for use on public roads or property; b. Is not registered for use on public roads or property, but such registration is required by a law, or regulation issued by a government agency, for it to be used at the place of the "occurrence"; or c. Is being: (1) Operated in, or practicing for, any prearranged or organized race, speed contest or other competition; (2) Rented to others; (3) Used to carry persons or cargo for a charge; or (4) Used for any "business" purpose except for a motorized golf cart while on a golfing facility. 2. If Exclusion A.1. does not apply, there is still no coverage for "motor vehicle liability", unless the "motor vehicle" is: a. In dead storage on an "insured location"; b. Used solely to service a residence; c. Designed to assist the handicapped and, at the time of an "occurrence", it is: (1) Being used to assist a handicapped person; or (2) Parked on an "insured location"; d. Designed for recreational use off public roads and: (1) Not owned by an "insured"; or (2) Owned by an "insured" provided the "occurrence" takes place: (a) On an "insured location" as defined in Definition B.6.a., b., d., e. or h.; or (b) Off an "insured location" and the "motor vehicle" is: (i) Designed as a toy vehicle for use by children under seven years of age; (ii) Powered by one or more batteries; and (iii) Not built or modified after manufacture to exceed a speed of five miles per hour on level ground; e. A motorized golf cart that is owned by an "insured", designed to carry up to four persons, not built or modified after manufacture to exceed a speed of 25 miles per hour on level ground and, at the time of an "occurrence", is within the legal boundaries of: (1) A golfing facility and is parked or stored there, or being used by an "insured" to: (a) Play the game of golf or for other recreational or leisure activity allowed by the facility; (b) Travel to or from an area where "motor vehicles" or golf carts are parked or stored; or (c) Cross public roads at designated points to access other parts of the golfing facility; or (2) A private residential community, including its public roads upon which a motorized golf cart can legally travel, which is subject to the authority of a property owners association and contains an "insured's" residence.

  • Motor Vehicle a. any self-propelled vehicle or machine, designed for movement on land or in water; b. parts, furnishings or accessories attached to or located in any vehicle or machine described in 7.a.; and c. any trailer or semi-trailer which is being carried on, towed by, or hitched for towing by a vehicle or machine described in 7.a..