Fanuc definition

Fanuc means Fanuc Robotics America Inc., its successors and permitted assigns. “Kuka” shall mean Kuka Systems Corporation, its successors and permitted assigns. Lessor and Lessee have heretofore entered into Master Lease Agreement No. 100521 dated as of November 23, 2016 (the "Lease"), pursuant to which Lessor has agreed to acquire and lease to Lessee, and Lessee has agreed to lease from Lessor, certain items of equipment. Lessor and Participants have entered into that Participation Agreement dated as of February 20th, 2018 (the “Participation Agreement”) pursuant to which Lessor has sold to each Participant a certain percentage, as is specified for such Participant on Schedule A attached hereto, of Lessor’s interest in the Advances (as hereinafter defined), the Operative Documents (as defined in the Participation Agreement) and the Equipment (as hereinafter defined) (collectively, the “Participation Interest”), and Lessor has retained such interest as specified for Lessor on Schedule A attached hereto (the “Retained Interest”). Lessee has heretofore entered into those certain purchase orders with Vendor (the "Purchase Orders"), related to the purchase of certain equipment (the “Equipment”) to be used in Lessee’s Ford assembly line located at ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (the “Assembly Location”). The parties are desirous of effecting an assignment of the right, title and interest of Lessee to acquire the Equipment pursuant to the terms of the Purchase Orders, and of each Participant assuming a percentage of the responsibilities of Lessee equal to such Participant’s Participation Interest pursuant to the Purchase Orders, and Lessor assuming such percentage of the responsibilities of the Lessee equal to Lessor’s Retained Interest, to make all required payments of the purchase price with respect to such Equipment pursuant to the terms of such Purchase Orders. All other obligations of Lessee pursuant to the Purchase Orders shall be retained by Lessee. Any and all Advances made or paid by Lessor hereunder shall be made as fiscal agent for itself and the Participants.
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Examples of Fanuc in a sentence

  • At the request of GE Fanuc and at no expense to the Executive, the Executive shall execute and deliver all such papers, including, without limitation, any assignment documents, and shall provide such cooperation as may be necessary or desirable, or as GE Fanuc may reasonably request, in order to enable the Company to secure and exercise its rights to such intellectual property.

  • ChipPAC shall provide Packaging and Test Services for GE Fanuc Product during the Term, and such services shall be provided to Intersil at the prices specified therefor in the Letter Agreement.

  • Roschiwal CNC Programming Using Fanuc Custom Macro B Commercial Aviation Safety, Fifth Edition — By ▇▇▇▇▇▇▇▇ ▇.

  • The Collateral Agent shall have received a certificate of the Parent certifying that the Fanuc Agreement shall be in full force and effect and existing on terms and conditions that are consistent in all material respects with the existing terms and conditions applicable thereto on or prior to December 23, 2003.

  • Methods Machine Tools, Incorporated 18-7641813312 California EquipmentOne Fanuc Robodrill D21LiB5-24K CNC Vertical Machining Center, Serial Number P181ZH371, with Fanuc 3li-B5, CNC Control Celestica Precision Machining Ltd.

  • By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ------------------------------------ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇ Title: President and CEO EXHIBIT A --------- STOCK OPTION AGREEMENT ---------------------- STOCK OPTION AGREEMENT, dated as of November 22, 1998 (the "Agreement"), between GE Fanuc Automation North America, Inc., a Delaware corporation ("Parent"), and Total Control Products, Inc., an Illinois corporation (the ------ "Company").

  • Companies that Adept currently views as competitors include: Epson, Intelligent Actuator, Yamaha, Bosch, Motoman, Denso, NSK, Montech, Mitsubishi, Fanuc, and Hirata.

  • Within twenty (20) days after any such termination of this Agreement, Customer shall certify in writing to GE Fanuc that all use of the Licensed Software has ceased, and that same has been returned or destroyed, in accordance with GE Fanuc's instructions.

  • GE Fanuc authorized distributors may provide printed copies to potential customers for GE Fanuc products.

  • You may also make printed copies of documentation contained on the CD-ROM solely for internal use in connection with the evaluation, installation, use and/or maintenance of GE Fanuc products within your facility.

Related to Fanuc

  • BEO means a written order issued by the Contractor to the Judicial Council that confirms the Judicial Council’s specific instructions and orders with respect to the Program on any one or more of the following, but does not alter any of the Agreement’s terms and conditions: (i) meeting and/or function room(s) and set-up requirements and/or rental charges; (ii) meal menus and prices and set-up requirements; and/or (iii) audio-visual equipment and set-up requirements and/or rental charges. ▇▇▇’s will be approved and signed by the Judicial Council’s representative, as set forth in Exhibit B.

  • glider means a non-power-driven heavier-than-air aircraft, deriving its lift in flight chiefly from aerodynamic reactions on surfaces, which remain fixed under given conditions of flight;

  • Mistletoe Thinning means the removal of designated conifer trees bearing visible mistletoe plants on branches as well as visible plants or infections on the stem.

  • coronavirus means severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2);

  • Rotogravure coating means the application of a coating material to a substrate by means of a roll coating technique in which the pattern to be applied is recessed relative to the non-image area, and the coating material is picked up in these recessed areas and is transferred to the substrate.