Market Dislocation Sample Clauses

The Market Dislocation clause defines how parties will address situations where normal market conditions are disrupted, such as during extreme volatility or illiquidity. Typically, this clause outlines specific triggers—like the suspension of trading, unavailability of market prices, or significant price fluctuations—that allow one or both parties to delay, adjust, or use alternative methods for determining prices or settlement. Its core practical function is to provide a clear process for handling transactions when markets are not functioning normally, thereby reducing uncertainty and protecting both parties from unfair or impractical outcomes during periods of market stress.