PACCAR definition

PACCAR shall include Kenworth, Peterbilt and PACCAR of Canada, LTD. Kenworth Mexicana S.A. de C.V., PACCAR Parts divisions and subsidiaries, including PACCAR Parts U.S., PACCAR Parts of Canada, PACCAR Parts Mexico, S.A. de C.V., and PACCAR Parts Australia (collectively, “PACCAR Parts”) may purchase Products and the non-production products listed on Schedule C (“Parts”) on a non-requirements basis from Core under the terms and conditions of this Agreement. Notwithstanding the above, Kenworth may purchase Products for its Renton facility on a non-requirements basis.
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PACCAR and Associates, ALI, Navistar, Mercedes and PACCAR are hereinafter individually and collectively defined as the "Lenders") in order to secure certain financial Agreements (as defined in the Lenders' Mortgage (as defined below)). The Lenders have agreed to restructure the indebtedness owing under the Financing Agreements and to forebear exercising certain rights and remedies under the Financing Agreements pursuant to that certain Workout Agreement by and among the Borrower and the Lenders and in conjunction with such restructuring, Borrower has agreed to grant the Junior Lien to Associates as agent for the Lenders pursuant to the terms and conditions of the Lenders' Mortgage.
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PACCAR means PACCAR, Inc.
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Examples of PACCAR in a sentence

  • Notice to the Company should be sent to PACCAR Inc, Attention: Corporate Secretary.

  • Notices to the Company shall be directed to it as follows: PACCAR Financial Corp., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇.▇., ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Attention: Treasurer.

  • PACCAR will issue a purchase order (and, if necessary, a release thereunder) for its requirement for tooling.

  • Each certificate shall disclose the applicable deductible and/or self-insured retention and contain a statement of the insurer's obligation to notify PACCAR at least thirty (30) days prior to cancellation, expiration or material change in any covered policy.

  • In case it shall ever be determined that any tax included in the Contract Sum was not required to be paid by Supplier, Supplier agrees to notify PACCAR and to make prompt application for the refund thereof, to take all proper steps to procure the same and, when received, to pay the same to PACCAR.

  • Notices to the Company shall be directed to it as follows: PACCAR Financial Corp., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇.▇., ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, attention: Treasurer.

  • To the extent any advance or progress payment by PACCAR to Supplier is used by Supplier to acquire inventory, raw materials, equipment or other components or materials (collectively, the "Collateral"), or any such Collateral is purchased by PACCAR and delivered to Supplier, to be used by Supplier in fulfilling its obligations under this Purchase Order, Supplier hereby grants to PACCAR a security in interest in all such Collateral.

  • PACCAR shall pay Supplier the sum set forth on the face of this purchase order for the performance of the work under the Contract (the "Contract Sum").

  • Supplier shall indemnify and hold harmless PACCAR, its divisions, subsidiaries, and affiliates, their officers, directors, agents, and employees from every claim, damage, loss, liability, action or cause of action, complaint, or suit, whether or not groundless or fraudulent for bodily injury, sickness, disease, or death or damage to property arising out of any breach of its obligations to comply with PACCAR's environmental procedures.

  • If PACCAR reasonably believes that Supplier is failing to carry out the work in accordance with the Contract, then PACCAR may order Supplier to stop the work, or a portion of the work until such time as the cause for such stop order has been eliminated.