MIS Account definition

MIS Account means the Marine, Industrial & Special Sales Account, which is a Party to this Agreement. "Add(ed) Value" shall mean GM MIS Account must “add value’ to GM Parts. "Added Value" is generally referred to as fuel, spark, accessory drive, coolant, etc. GM will have discretion of approved "added value."
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Examples of MIS Account in a sentence

  • THAN PUBLICLY TRADED CORPORATIONS) If MIS Account proposes a change in management (the individual(s) which have the responsibility for meeting and performing the requirements of this Agreement), ownership, or a transfer of its business or its principal assets to any person or entity, MIS Account agrees to give GM written notice of and to discuss with GM any such proposed change or transfer at least sixty (60) days in advance.

  • GM has appointed MIS Account as a MIS customer based on the information provided in the Questionnaire, attached as Exhibit B.

  • During the Term of this Agreement, MIS Account may not advertise or publish the fact that MIS Account has contracted with GM to purchase Parts without GM's prior written approval.

  • All information disclosed to MIS Account pursuant to this Agreement and marked with a proprietary legend such as General Motors LLC or GM CONFIDENTIAL or similar is considered proprietary by GM and shall not be disclosed to any third party without the prior written approval of GM.

  • MIS Account understands that this Agreement is limited to the purchase of Parts approved by GM and to the customers authorized by GM as reflected on Exhibit B, as may be modified from time to time in GM’s sole discretion.

  • No payment shall be made by GM to MIS Account for any expenses incurred by reason of such default or delay.

  • If MIS Account or GM fails to secure or maintain any license required for the performance of its obligations under this Agreement, or such license is suspended or revoked (irrespective of the cause) then either Party may immediately terminate this Agreement by giving the other Party written notice.

  • MIS Account shall submit purchase orders for Parts using procedures, order forms, and/or systems supplied by or acceptable to GM.

  • Sales of Parts not approved by GM, or sale of Parts to customers not authorized by GM are subject to discount chargeback and, in GM’s sole discretion, the immediate termination of this Agreement and elimination of MIS Account as a GM customer.

  • MIS Account should not sign the delivery receipt for any type of incomplete or damaged shipment without exceptions being noted and signed by the carrier’s representative.

Related to MIS Account

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

  • Funds Account means an account held by you or any third parties maintained with any Participant.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Separate Accounts means the accounts which are to be prepared for each

  • Collection Accounts As defined in Section 3.10(a).

  • Investment Account As defined in Section 3.12(a).

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Direct Account : means any Account which is not an ISA Account.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.