Vehicle purchase definition

Vehicle purchase or “purchase” means the an action wherein a fleet owner has: placed an order forto acquire the legal or equitable title to a vehicle or powertrain conversion; to convert a vehicle to a ZEV; or to enter into a lease agreement with a contract term of one year or more. The action taken must be for immediate delivery or installation and the purchaser has already paid for or has entered into a binding agreement with thean authorized dealer, powertrain conversion installerentity that converts vehicles to ZEVs, third party, or manufacturer to pay for the vehicle or conversion. A vehicle purchase does not include renewing a lease agreement for a vehicle already in the California fleet. A vehicle purchase includes wheren the fleet owner has executed any one of the following:
Vehicle purchase or “purchase” means an action wherein a drayage truck owner or controlling party has: placed an order to acquire the legal or equitable title to a zero-emission vehicle; to convert a legacy drayage truck to zero-emission vehicle; or to enter into a lease agreement with a contract term of one year or more. The action taken must be for immediate delivery or installation and the purchaser has already paid for or has entered into a binding agreement with an authorized dealer, entity that converts vehicles to zero-emission vehicles, third party, or manufacturer to pay for the vehicle or conversion. A vehicle purchase includes when the drayage truck owner has executed any one of the following:
Vehicle purchase or “purchase” means the fleet owner has placed an order of a new vehicle or powertrain conversion for immediate delivery or installation and has already paid for or has entered into a binding agreement with the authorized dealer, powertrain conversion installer, or manufacturer to pay for the vehicle or conversion. For federal fleets, a new vehicle purchase includes where the agency has identified, committed and encumbered funds and executed any one of the following:

Examples of Vehicle purchase in a sentence

  • The interval from the Vehicle purchase date to the first service and the intervals between services must not exceed the stipulated time or mileage by more than 21 days or 750 miles.


More Definitions of Vehicle purchase

Vehicle purchase or “purchase” means the fleet owner has placed an order of a vehicle for immediate delivery and has already paid for or has entered into a binding agreement with the authorized dealer, or manufacturer to pay for a new vehicle. For a federal fleet, a purchase includes where the agency has identified, committed and encumbered funds and executed any one of the following:
Vehicle purchase. Framework Agreements” Vehicle Purchase Framework Agreement I and Vehicle Purchase Framework Agreement II “Vehicle Purchase Framework Agreement I” the vehicle purchase framework agreement entered into on 10 February 2010 between the Company as purchaser and Chengdu New Dadi as vendor in relation to the purchase of large-sized buses “Vehicle Purchase Framework Agreement II” the vehicle purchase framework agreement entered into on 10 February 2010 between the Company as purchaser and Chengdu New Dadi as vendor in relation to the purchase of trucks “Vehicle Parts Purchase Framework Agreement” the vehicle parts purchase framework agreement entered into on 10 February 2010 between the Company as purchaser and Chengdu New Dadi as vendor in relation to the purchase of vehicle parts “%” per cent. By Order of the Board Mudan Automobile Shares Company Limited LI Zi Hao Chairman Shunde, Foshan City, Guangdong Province, the PRC 12 February 2010 As at the date of this announcement, the Board comprises six (6) Directors, of which two (2) are executive Directors, namely Xx. XX Xx Xxx (Chairman of the Board) and Ms. XXX Xx Xxxx; one (1) is non-executive Director, namely Xx. XXXX Xxx and three (3) are independent non-executive Directors, namely Xx. XXXXX Xxxxxxx, Xx. XXX Xxxx and Xx. XXXX Xxxxxx. This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: (1) the information contained in this announcement is accurate and complete in all material respects and not misleading; (2) there are no other matters the omission of which would make any statement in this announcement misleading; and (3) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable. The announcement will remain on the website of the Growth Enterprise Market at xxxx://xxx.xxxxx.xxx on the “Latest Company Announcements” page for at least 7 days from the date of its posting and will be published on the website of the Company (xxxx://xxx.xxxxxxxxx.xxx).
Vehicle purchase or “purchase” means the agency has identified, committed and encumbered funds and executes one of the following for immediate delivery:
Vehicle purchase or “purchase” means the fleet owner has placed an order for a vehicle or powertrain conversion for immediate delivery or
Vehicle purchase or “purchase” means the fleet owner has placed an order for a vehicle or powertrain conversion for immediate delivery or

Related to Vehicle purchase

  • Eligible Purchaser means a corporation, partnership or other entity which we have reasonable grounds to believe and do believe can make representations with respect to itself to substantially the same effect as the representations set forth herein.

  • New motor vehicle dealer means a person, including a distributor, that holds a dealer agreement granted by a manufacturer, distributor, or importer for the sale or distribution of its motor vehicles; is engaged in the business of purchasing, selling, exchanging, or dealing in new motor vehicles; and has an established place of business in this state.