Propulsion and power distribution Clause Samples

Propulsion and power distribution. The “Propulsion and power distribution” subsystem is a part of the EV Demo Car which is currently under development at Continental. The EV Demo Car shall demonstrate the car’s entire potential set of features and functions. Furthermore the capability of Continental, as a leading automotive supplier, to provide a wide range of not only traditional but also innovative components and functions for an EV is a focus point to be demonstrated by means of this Demo Car. The different systems in the car – tires, brakes and e-propulsion – have to be tightly integrated to achieve best efficiency. The HMI needs to reflect the special requirements of electric vehicles by displaying relevant information and support the user inputs. The architecture and interfaces of the EV Demo Car system are defined in such a way that the components support best energy efficiency of the vehicle as well as to provide the required information to the driver. Thus the EV Demo Car shall represent a particularly well adapted platform to propose enhanced ergonomic-driven cockpit solutions facing the issues of always increasing complexity (see e.g. Continental’s concept “Simplify your Drive”). This depends on the kind of function and on the safety relevance of the function/component. The new concept of electric vehicle requires adapted system architecture and new system components to match the desired functionality. Not only the combustion engine is changed to electric propulsion but as well new additional functions have to be considered. The EV will be successful in the market if it is easy, simple, fun to drive and affordable in comparison to conventional combustion engines driven vehicles. The costs issues shall also consider a comparison as complete as possible (environmental issues, inspection and workshop services, costs of operation, insurance, tax – also with respect to regional specificities –, etc…). For the Propulsion subsystem as part of Maenad some of the newly developed components for the EV Demo Car will be a physical part of the demonstrator – the High Voltage Junction box and the driving mode selector. The aim of the EV Demo is to show the power distribution and interlock concept as well as the Driving mode selection. As there is parallel project EV demo car running at Continental this model was not created from scratch but is an adapted part of this whole vehicle model. The aim of this propulsion model is to use the programs and tools developed by the MAENAD consortium for a ...
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  • Organization; Good Standing; Qualification and Power The Contributed Subsidiaries are all of the subsidiaries of the Contributed Companies or any of their direct or indirect subsidiaries. Each of the Contributed Companies and each of the Contributed Subsidiaries and each of the Contributing Companies is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its formation, has all requisite corporate power and authority to own, lease and operate any and all of the Group Assets held by such company and for the Conduct of the Group Business as now being conducted by such company, and is duly qualified and in good standing to do business in each jurisdiction in which the nature of its business or the ownership or leasing of its properties makes such qualification necessary, other than in such jurisdictions where the failure so to qualify would not have a Material Adverse Effect on the Group Business. SSI has delivered to VERITAS or its counsel complete and correct copies of the charter documents of the Contributed Companies and SSI will deliver to VERITAS or its counsel prior to the Effective Time the equivalent charter documents of the Contributed Subsidiaries, in each case as amended through Closing. Except for the Contributed Subsidiaries, none of the Contributed Companies nor any of the Contributed Subsidiaries owns, directly or indirectly, any capital stock or other equity interest of any corporation or has any direct or indirect equity or ownership interest in any other business, whether organized as a corporation, partnership, joint venture or otherwise.