Capital Markets Disruption Sample Clauses

Capital Markets Disruption. Ally and Chrysler will reasonably and mutually determine whether a Capital Markets Disruption has occurred, and if so, when it ends.
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Capital Markets Disruption. During a Capital Markets Disruption, [***], then GM has the right to provide such GM Special Program through a Third Party Program. In such a case, GM would not [***], but GMAC’s exclusivity payment would be reduced on a pro-rata basis for the duration of the Third Party Program using the calculation in Section 3.3(b) below. GM shall terminate any such Third Party Program within [***] after the earlier of:
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Capital Markets Disruption. The GMAC President Auto Finance and GM Treasurer will determine whether a Capital Markets Disruption has occurred, and, if so, they subsequently will determine when it has ceased. If they determine that a Capital Markets Disruption has occurred under this Agreement, it will be deemed to have occurred under any and all agreements between GM and GMAC that provide for a Capital Markets Disruption. During a Capital Markets Disruption, GM’s right to terminate or revoke Retail Financing exclusivity will be suspended. During the Capital Markets Disruption, GMAC will:
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Capital Markets Disruption. If GMAC fails to meet the *** Target, or *** Targets, during any period of time when global credit markets are such that credit is not available on commercially reasonable terms to borrowers with credit standing similar to GMAC for a period of three months or longer (“Capital Markets Disruption”), all *** Fees or *** Fees and GM’s right to terminate exclusivity (under Section 3.5 of this Agreement) will be suspended.
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Capital Markets Disruption. Capital markets disruption (“ Capital Markets Disruption ”) is defined as a period of time in which global credit markets are such that credit is either “not available” or “not available on any commercially reasonable terms” to borrowers with credit rating and business prospects similar to GMAC for a period of three months or longer. Chrysler and GMAC will mutually and reasonably determine whether a Capital Markets Disruption has occurred, and if so when it ends. During a Capital Markets Disruption, [***] Chrysler will be relieved from the exclusivity provided under section 6 above and may work with other third party financial providers to provide such financing products on a temporary basis (on terms consistent with terms offered to GMAC) (“Alternative Volume”) until GMAC has provided notice that the Capital Markets Disruption has ended. Upon such notice, the Volume Thresholds will be immediately reinstated; provided that any Alternative Volume shall not be counted against such Volume Threshold for six months from the date of GMAC’s notice.
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Capital Markets Disruption. The GMAC President Auto Finance and GM Treasurer will determine whether a Capital Markets Disruption has occurred, and, if so, they subsequently will determine when it has ceased. If they determine that a Capital Markets Disruption has occurred under this Agreement, it will be deemed to have occurred under any and all agreements between GM and GMAC that provide for a Capital Markets Disruption. During a Capital Markets Disruption, GM’s right to terminate or revoke Retail Financing exclusivity will be suspended. During the Capital Markets Disruption, GMAC will: CONFIDENTIAL TREATMENT [***] Indicates that text has been omitted which is the subject of a confidential treatment request. This text has been separately filed with the Securities and Exchange Commission
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Related to Capital Markets Disruption

  • Financial Market Service Bloomberg Financial Service and any other financial information provider designated by the Depositor by written notice to the Trustee.

  • Trading of the Public Securities on the Nasdaq Capital Market As of the Effective Date and the Closing Date, the Public Securities will have been authorized for listing on the Nasdaq Capital Market and no proceedings have been instituted or threatened which would effect, and no event or circumstance has occurred as of the Effective Date which is reasonably likely to effect, the listing of the Public Securities on the Nasdaq Capital Market.

  • Secondary Market Trading and Standard & Poor’s If the Company does not maintain the listing of the Public Securities on Nasdaq or another national securities exchange, the Company will (i) apply to be included in Standard & Poor’s Daily News and Corporation Records Corporate Descriptions for a period of five years from the consummation of a Business Combination, (ii) take such commercially reasonable steps as may be necessary to obtain a secondary market trading exemption for the Company’s securities in the State of California and (iii) take such other action as may be reasonably requested by the Representative to obtain a secondary market trading exemption in such other states as may be requested by the Representative; provided that no qualification shall be required in any jurisdiction where, as a result thereof, the Company would be subject to service of general process or to taxation as a foreign corporation doing business in such jurisdiction.

  • Listing on the Nasdaq Capital Market The Company will use commercially reasonable efforts to maintain the listing of the Public Securities on the Nasdaq Capital Market or another national securities exchange until the earlier of five (5) years from the Effective Date or until the Public Securities are no longer registered under the Exchange Act.

  • The Nasdaq Capital Market By the Effective Date, the Securities shall have been approved for trading on the Nasdaq Capital Market.

  • Markets We shall not be liable for any act taken by or on the instruction of an exchange, clearing house or regulatory body.

  • Trading Cushion The Selling Period for any previous Issuance Notice shall have expired.

  • Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following:

  • Moody’s Xxxxx’x Investors Service, Inc. and its successors.

  • Nasdaq National Market Listing Parent shall authorize for listing on the Nasdaq National Market the shares of Parent Common Stock issuable, and those required to be reserved for issuance, in connection with the Merger, upon official notice of issuance.

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