LTIV definition

LTIV means the long term investment volumes as elaborated on in Exhibit 1.
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LTIV means the long-term investment volumes as elaborated on in Appendix 2 Volume Planning procedures. “Minor Defects” means a truly minor Defect, [***], not meeting the Technical Specification, which has an insignificant impact on functioning of the Vehicle and/or Component, such as small non-visual or visual negative quality impressions (including but not limited to screeches, scratches etc) which are detectable by experts only, however always excluding (i) any systematic or repetitive Defects unless otherwise approved by Buyer, including but not limited to Systematic Defects, and (ii) Defects in Components. The Parties acknowledge that a Minor Defect does not need to be repaired in most cases but when it frequently and repetitively occurs, the Supplier will make its commercial best efforts to take actions to prevent such Minor Defect from reoccurring on future deliveries. “Manufacturing and Vehicle Supply Agreement” or “Manufacturing Agreement” means this Manufacturing and Vehicle Supply Agreement including its appendices and exhibits attached hereto. “OKtB” means the date when the Vehicle starts to be delivered to external customers as further defined in the Development Agreement. “[***] Manufacturing Agreement” means the [***] Manufacturing and Vehicle Supply Agreement (Export) and all its appendices. “Permits” shall have the meaning set out in Section 16. “Personal Data” means all information that a Party obtains from the other Party as a result of the Manufacturing Agreement (i) relating to an identified or identifiable natural person, including the other Party’s employees and customers, that directly or indirectly can identify that person, or (ii) deemed personal data according to applicable national, federal, state, and international laws and regulations now or hereafter in effect. “Plant” shall have the meaning set out in (2) above. “Polestar” shall have the meaning set out in (1) above. “Polestar Actual Volumes” means the total amount of Vehicles produced in the Plant and achieved Factory Complete status during a certain period. “Project Agreements” shall have the meaning set out in Section 28.1.5. “Receiving Party” means the Party receiving Confidential Information from the Disclosing Party. “Reserved Volumes” shall have the meaning set out in Appendix 2 Volume Planning Procedures for a period of the immediately subsequent [***] calendar years [***] as decided by the Steering Committee.
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Examples of LTIV in a sentence

  • In order to predict and plan for the production volume appropriately, the Parties will discuss LTIV and planned volume forecasts on [***].

  • LTIV is required when there is need to increase or decrease the designed capacity of the Plant for the Contract Products by investment into tooling and equipment as well as planning for personnel and shift requirements.

  • Unless electively deferred pursuant to Section 4(e)(4) of the Plan and subject to the terms end conditions set forth in the Plan and in this Agreement, the applicable value of the Participant's LTI-V Units, to the extent vested, shall be paid 50% within 120 days after the end of the 1997-1999 Performance Period.

  • In the event that the total value of all LTI-V Units payable under the Plan exceeds the total of the Long Term Award Pool for the 1997-1999 Performance Period, such per Unit values will be reduced pro rata so that the total value of all LTI-V Units payable under the Plan equals such Long Term Award Pool.

  • In order to predict and plan for the production volume appropriately, the Parties will discuss LTIV and planned volume forecasts on [***] basis.

  • In the event the Long Term Award Pool decreases after such reduction, the Participant will continue to be subject to such decrease in value as though the number of LTI-V Units awarded to the Participant had not been reduced.

  • Any such reduction in the number of LTI-V Units will be on a prospective basis with regard to any increase in the Long Term Award Pool during the remainder of the 1997-1999 Performance Period.

  • Each 250 LTI-V Units represent 0.0347% of the Long Term Award Pool for the 1997-1999 Performance Period as determined under, and subject to, the terms and conditions set forth herein and in the Plan attached hereto.

  • The applicable value of LTI-V Units granted hereunder shall be determined in accordance with the terms and conditions of the Plan, including the requirement that the Committee certify in writing the amount of the Long Term Award Pool and the amount payable to the Participant pursuant to this Agreement.

  • The number of LTI-V Units granted pursuant to this Agreement may be reduced by the Committee in its sole discretion upon written notification to the Participant.

Related to LTIV

  • BaSAG means the Austrian Recovery and Resolution Act (Sanierungs- und Abwicklungsgesetz), as amended or replaced from time to time and any references in these Conditions to relevant provisions of the BaSAG include references to any applicable provisions of law amending or replacing such provisions from time to time.

  • KIID means the key investor information document;

  • CET1 Capital means, as of any Balance Sheet Date, the aggregate amount, in the Presentation Currency, of items that constitute common equity tier 1 capital of the Group as of such Balance Sheet Date, less any deductions from common equity tier 1 capital required to be made, in each case as determined by the Group Holding Company pursuant to the BIS Regulations applicable to the Group Holding Company as of such Balance Sheet Date, and as (i) disclosed in the Quarterly Financial Accounts published on the relevant Ordinary Publication Date or (ii) may be disclosed as a component of the Reviewed Interim Measurement published upon the instruction of FINMA on the relevant Extraordinary Publication Date, as applicable. For the avoidance of doubt, the term "common equity tier 1 capital" as used in this definition has the meaning assigned to such term in the BIS Regulations in effect as of the relevant Balance Sheet Date.

  • Cadre means the strength of a service or a part of a service sanctioned as a separate unit.

  • RO means Responding Organization/ Bidder Firm.