MINIVAN definition
Examples of MINIVAN in a sentence
Once the amount owing to EDC by such tooler subcontractor under its respective loan made pursuant to the Facility Agreement and relating to the HONDA MINIVAN TOOLS is fully paid, EDC will disburse the remainder to the tooler subcontractor to the extent owing to it under its invoice relating to the related Purchase Order.
Subject to the terms and conditions of this Agreement, EDC will make to the BORROWER ADVANCES in the aggregate of no more than CAD5,000,000.00 relating to HONDA MINIVAN TOOLS under Section 3.01 upon receipt of a DRAWDOWN REQUEST.
SECTION 3.03 - DISCLAIMER Notwithstanding that ADVANCES under this Agreement are to be used to finance the HONDA MINIVAN TOOLS, the BORROWER agrees that EDC is under no obligation to determine the validity, legality or enforceability of the HONDA TOOL QUOTE.
The BORROWER acknowledges that EDC has entered into this Agreement to finance goods and services of Canadian manufacture and origin, and that the HONDA MINIVAN TOOLS shall have the maximum practicable Canadian content which shall not be less than 75%.
Once the amounts owing to EDC by all tooler subcontractors under the loans made pursuant to the Facility Agreement and relating to the HONDA MINIVAN TOOLS are fully paid and EDC disbursing to the tooler subcontractors and VELT▇▇ ▇▇ set out above, EDC will consider making any remaining available ADVANCES to the BORROWER to reimburse the BORROWER for any EDC approved manufacturing costs which the BORROWER has incurred in respect of the HONDA MINIVAN TOOLS provided EDC has approved such DRAWDOWN REQUESTS.
The amount of each ADVANCE will be up to the amount of the BORROWER's purchase order ("Purchase Order") relating to the related HONDA MINIVAN TOOL being purchased from a tooler subcontractor.
Such application of ADVANCES will represent payment of amounts owing by the BORROWER to such tooler subcontractor in respect of tools manufactured by such tooler subcontractor which form part of the HONDA MINIVAN TOOLS.
SECTION 3.01 LOAN Subject to the terms and conditions of this Agreement and in reliance on the foregoing representations and warranties, EDC agrees to lend the BORROWER up to CAD5,000,000.00 to finance up to 100% of payments on account of the purchase price and EDC approved manufacturing costs of the HONDA MINIVAN TOOLS less (a) any amounts received by the BORROWER from the BUYER in respect of such purchase price; and (b) any financing costs payable by the BUYER as documented in the HONDA TOOL QUOTE.
HSBC Liens (as such term is defined in the Intercreditor Agreement) and the below: GMAC 2002 CHEVROLET VENTURE MINIVAN $6,741 2002 CHEVROLET VENTURE MINIVAN LEXUS FINANCIAL SERVICES 2004 LEXUS E330 $24,990 2004 LEXUS E330 BOBCAT FINANCIAL SERVICES INGERSOL BOBCAT $546 INGERSOL BOBCAT IMAGISTICS (rolled up of Pitney B▇▇▇▇ operating leases) COPIERS & FAX MACHINES $225,500 COPIERS & FAX MACHINES None.