VOLVO Group definition

VOLVO Group means and includes, individually and/or collectively depending on context, (i) AB Volvo (publ) and (ii) any company in which AB Volvo (publ) owns, directly or indirectly, more than 50 % of the share capital and/or controls, directly or indirectly, more than 50 % of the votes and all JV’s.
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VOLVO Group means (i) AB Volvo, (ii) any entity in which AB Volvo owns, directly or indirectly, more than 50% of the share capital and/or controls, directly or indirectly, more than 50% of the votes and (iii) DongVo (Hangzhou) Truck Co. Ltd. and VE Commercial Vehicles Ltd. India, and any and all future joint ventures.
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VOLVO Group means (i) AB Volvo, (ii) any company in which AB Volvo (publ) owns, directly or indirectly, more than 50% of the share capital and/or controls, directly or indirectly, more than 50% of the votes and (iii) VE Com- mercial Vehicles Ltd. India, Shandong Lingong Construction Machinery Co Ltd, Dongfeng Commercial Vehicles Co. Ltd. and any other joint venture between the Volvo Group and a third party as notified in writing to SUPPLIER by VOL- VO.
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Examples of VOLVO Group in a sentence

  • This Agreement may not be assigned by any Party without the prior written consent of the other Parties, other than, in the case of Volvo Sweden, which may assign its rights under this Agreement to another member of the Volvo Group for so long as that entity remains a member of the Volvo Group and provided that Volvo Sweden shall remain jointly liable for all of the obligations of Volvo Sweden hereunder.

  • Volvo Sweden shall procure that such entity assigns any rights assigned to it in accordance with this Section 8.11 back to Volvo Sweden immediately before that entity ceases to be a member of the Volvo Group.

  • The Parties, on behalf of themselves and their Affiliates, acknowledge and agree that effective as at and following the Investment Closing Date all existing supply agreements between a member of the Westport Group and a member of the Volvo Group relating to HPDI [Redacted – commercially sensitive information] shall be terminated and replaced in their entirety by the New Supply Agreement.


More Definitions of VOLVO Group

VOLVO Group means AB Volvo (publ), a company incorporated pursuant to the laws of Sweden, and any company which is directly or indirectly controlled by AB Volvo (publ).
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VOLVO Group means (i) AB Volvo, (ii) any entity in which AB Volvo owns, directly or indirectly, more than 50% of the share capital and/or controls, directly or indirectly, more than 50% of the votes and (iii) Dongfeng Nissan Diesel Motor Co. Ltd. China and VE Commercial Vehicles Ltd. India, and any and all future joint ventures.
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VOLVO Group means (i) AB Volvo, (ii) any entity in which AB Volvo owns, directly or indirectly, more than 50% of the share capital and/or controls, directly or indirectly, more than 50% of the votes and (iii) Dongfeng Nissan
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VOLVO Group means Volvo Sweden and its Affiliates (excluding any member of the JV Group).
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