Local market conditions definition

Local market conditions means certain relevant and material conditions, criteria, data, and facts, beyond the control or influence of a new motor vehicle dealer, that have a material impact on the new motor vehicle dealer's sales performance in the assigned market area in which the new motor vehicle dealer offers vehicles for sale or lease. The term may include, but is not limited to, any of the following:

Examples of Local market conditions in a sentence

  • Local market conditions and possible advanced deadlines imposed by local agents may cause actual deadlines to frequently vary from statutory deadlines.

  • Local market conditions, changes in the economy and inflation will all contribute to your real property costs.

  • Local market conditions and research will indicate the desirability of this feature.

  • Local market conditions; or (ii) The Section 8 Housing Choice Voucher Program (24 CFR part 982).

  • Local market conditions are such that similar land is not extensively purchased and sold and the level of observable inputs are not significant leading to categorisation at level 3 in the fair value hierarchy.

  • Local market conditions may significantly affect occupancy and rental rates, which may have a material adverse effect on your investment.

  • Local market conditions will dictate if, when and how much of an impact each characteristic will have upon rent.

  • Local market conditions and viability in this case do not pull towards a higher or lower density.

  • Local market conditions in terms of supply and demand will have a legitimate impact on price.

  • It also embarked on ambitious and transformative flagship programmes to drive economic growth and improve the livelihoods of our people.