Common use of Daily Program Clause in Contracts

Daily Program. In connection with this Agreement, Iveco will evaluate the technical and financial feasibility of manufacturing the Iveco Daily at Nikola’s plant. If Iveco determines that it is feasible, then Iveco and Nikola shall cooperate and negotiate in good faith to enter into a definitive agreement, mutually agreed by the Parties, subject to due diligence. Potential cooperation of Nikola and Iveco in this respect will be subject to due diligence and a mutually satisfactory agreement.

Appears in 2 contracts

Sources: Master Industrial Agreement (VectoIQ Acquisition Corp.), Master Industrial Agreement (VectoIQ Acquisition Corp.)