Powersports definition

Powersports means Year-Round Products, Seasonal Products and Powersports PA&A and OEM engines.
View Source
Powersports means Motorcycle, Scooter, ATV and ROV/MOHV (side by side).
View Source

Examples of Powersports in a sentence

  • Any Powersports Inventory that is financed by, or constitute collateral for, any Permitted Powersports Indebtedness is designated as Powersports Inventory in the books of record and account of the Company and its Subsidiaries.

  • All Indebtedness for the financing of Powersports Inventory provided by Powersports Lenders is secured solely by a Lien on said Powersports Inventory so financed by the respective Powersports Lenders and the proceeds of such Powersports Inventory.

  • All Indebtedness for the financing of Powersports Inventory provided by Powersports Lenders is secured solely by a Lien on said Powersports Inventory so financed by the respective Powersports Inventory Lenders and the proceeds of such Powersports Inventory.

  • This Agreement shall be governed by the laws of the State of Minnesota, except insofar as Nevada corporate law is relevant to the corporate approval of this business combination due to Powersports being a Nevada corporation.

  • In addition, such Subsidiary shall also comply with Section 7.16 (in the case of a Silo Subsidiary), Section 7.17 (in the case of a Dual Subsidiary), Section 7.26 (in the case of a Powersports Subsidiary) and Section 7.20.

  • The addresses and facsimile numbers for such communications shall be: If to the Company, to: Viper Powersports Inc.

  • Permit any Subsidiary to Guarantee or grant any Lien in favor of (i) any Silo Lender in respect of Permitted Silo Indebtedness except for such Guarantees by and Liens granted by Silo Subsidiaries and Dual Subsidiaries which receive Permitted Silo Indebtedness from such Silo Lender or (ii) any Powersports Lender in respect of Permitted Powersports Indebtedness except for such Guarantees by and Liens granted by Subsidiaries which receive Permitted Powersports Indebtedness from such Powersports Lender.

  • Notary Public - State of Print Name: Commission Number: Commission Expires: (NOTARY SEAL) C-8 “TENANT” Name: LLC, a Texas limited liability company By: Name: Name: Its: (CORPORATE SEAL) STATE OF COUNTY OF The foregoing instrument was acknowledged before me by means of ☐ physical presence or ☐ online notarization, this day of , 20 by , as of Freedom Powersports Dallas, LLC, a Texas limited liability company, on behalf of the .

  • To the extent necessary to comply with applicable Law, Sellers’ Representative shall direct distribution of the Pro Rata Share of cash payments payable in respect of Optionholders under this Section 3.2(b) to Freedom Powersports or FPS Real Estate, as applicable, to be distributed in an ordinary or special payroll.

  • Simultaneously thereto, Powersports shall submit an appropriate instruction letter to its independent transfer agent including a standard transmittal letter which documents shall instruct the transfer agent to exchange securities of Viper for Powersports under the terms of this Agreement’s stock exchange upon the effectiveness of this merger.