Honda. No one shall be allowed to acquire an ownership interest, directly or through an Affiliate, in a multiple number of Honda dealerships as provided below:
Honda. The Dealership Parties shall not hold an ownership interest, directly or through an Affiliate, in a multiple number of Honda dealerships as provided below: (a) in a "Metro" market (a "Metro" market is a metropolitan market area represented by two or more Honda dealer points) with two (2) to ten (10) Honda dealership points (inclusive), no Dealership Party or combination of Dealership Parties may own, operate or have an interest in more than one (1) Honda dealership; (b) in a Metro market with eleven (11) to twenty (20) Honda dealership points (inclusive), no Dealership Party or combination of Dealership Parties may own, operate or have an interest in more than two (2) Honda dealerships; (c) in a Metro market with twenty-one (21) or more Honda dealership points (inclusive), no Dealership Party or combination of Dealership Parties may own, operate or have an interest in more than three (3) Honda dealerships; (d) in more than 4% of the Honda dealerships in any one of the ten Honda Zones; and (e) in more than seven (7) Honda dealerships nationally.
Honda through the Claims Administrator, shall complete dissemination of the Mailed Notice and shall post the Internet Notice, within thirty (30) days of entry of the Notice Order. Class Counsel and counsel for Honda will request that the Court schedule a Fairness Hearing to obtain final approval of the settlement on or about sixty (60) days after dissemination of Mailed Notice is completed.
Honda. Thank you, Mr. Xxxxxxxx. I, too, welcome this opportunity to express my concern about the DOT's NPRM on the term, actual control of U.S. carriers, and to question the overall value of a proposed U.S.- E.U. Open Skies Agreement that appears to be contingent upon this NPRM. Generally speaking, I support U.S. efforts to strike Open Skies Agreements. Agreements when properly negotiated lead to real and tangible benefits for U.S. air carriers, the workers they employ, and the communities they serve. In this era of globalization, it is important that we offer new opportunities for citizens of all countries to travel more freely and more affordably. That said, I am surprised and perplexed that the Department, in order to secure E.U. approval for an Open Skies Agreement, has issued an NPRM that would allow foreign entities greater ownership of U.S. airlines, effectively permitting foreign control over all commercial decisions of a U.S. airline. As recently as 2003, the Congress made its views on this issue crystal clear when it put into law the expectation that the U.S. airlines be ``under the actual control of U.S. citizens.'' I fear that this NPRM is the latest example of a Executive Branch that misinterprets U.S. laws to its own liking. This NPRM constitutes a major change to current law, and its potential impacts on U.S. air carriers, communities, and workers are significant. This issue demands Congressional involvement and deliberation, and accordingly, I support H.R. 4542, legislation introduced by Representatives Xxxxxxxx and LoBiondo that would require the Department of Transportation to give appropriate deference to Congress. Once again, I thank the Subcommittee for its attention to this important issue. I look forward to today's testimony and ask that the Subcommittee's leadership continue to provide opportunities to scrutinize this NPRM and to more evaluate its potential impacts on the U.S. airline industry. I yield the rest of my time. Thank you, Mr. Xxxxxxxx. Mr. Xxxx. I thank the gentleman. And now, waiting patiently, Xx. Xxxxxx, you are recognized. Xx. Xxxxxx. Thank you very much, Mr. Xxxxxxxx. I particularly appreciate this hearing. I particularly appreciate it being one of your first hearings. I wanted to say mostly a word about the legal, or shall I say the illegal, underpinnings of this proposed rulemaking. But let me just begin by indicating that I think that this Committee is very sophisticated about the new rules, the new policies that are ne...
Honda. The Lithia Parties shall not hold an ownership interest, directly or through an Affiliate, in a multiple number of Honda dealerships as provided below: (a) in a "Metro" market (a "Metro" market is a metropolitan market area represented by two or more Honda dealer points) with two (2) to ten (10) Honda dealership points (inclusive), no Dealer Owner may own, operate or a have a dealer interest in more than one (1) Honda dealership; (b) in a Metro market with eleven (11) to twenty (20) Honda dealership points (inclusive), no Dealer Owner may own, operate or have an interest in more than two (2) Honda dealerships; (c) in a Metro market with twenty-one (21) or more Honda dealership points (inclusive), no Dealer Owner may own, operate or have an interest in more than three (3) Honda dealerships; (d) 4% of the Honda dealerships in any one of the ten Honda Zones; and (e) seven (7) Honda dealerships nationally.
Honda. (d) a Release or threatened Release of any Hazardous Materials on, in, at, under or from any real property other than those described in clause (c) of this definition and to which Xxxxxxxx, the Company or any of their respective Affiliates or any Predecessor transported or disposed, or arranged for the transportation or disposal of, Hazardous Materials generated at or arising from operation of the Business;
Honda. (c) minor defects, irregularities in title, easements, rights of way, servitudes and similar rights (whether affecting fee interests, a landlord’s interest in leased properties or a tenant’s interest in leased properties) that individually or in the aggregate (i) have not had, and are not reasonably likely to have an adverse effect on the ability of the Company or any of their respective Affiliates to use such property in the manner previously owned or used by the Business or (ii) materially impair the value of such property;
Honda. (b) With respect to a specified Person other than an individual: (i) any Person that directly or indirectly controls, is directly or indirectly controlled by, or is directly or indirectly under common control with such specified Person; (ii) any Person that holds a Material Interest in such specified Person; (iii) each Person that serves as a director, officer, partner, executor, or trustee of such specified Person (or in a similar capacity); (iv) any Person in which such specified Person holds a Material Interest; (v) any Person with respect to which such specified Person serves as a general partner or a trustee (or in a similar capacity); and (vi) any Related Person of any individual described in clause (ii) or (iii).
Honda. Dealer agrees that it will not rely on any statements or purported statements except from personnel as authorized hereinabove.
Honda. All damage regardless of nature or cause, will be the responsibility of Dealer until the Acura Products are inspected and accepted by American Honda for repurchase. Storage of such Acura Products and other items will be at Dealer's expense for a period of ninety (90) days after Dealer requests repurchase and provides an inventory as provided by Paragraphs 10.6 and 10.7 hereof. Thereafter, Dealer will be entitled to charge American Honda a reasonable storage charge.
