Adjustment for Price Competitiveness. (a) Pricing Level of Exclusivity [***] [***] [***] [***] [***] [***] (b) After the first 3 months after the Full Start Date, the determination of where SCUSA’s pricing has been relative to the Market Benchmark, and thus SCUSA’s exclusivity threshold under Section 6.02(a), shall be determined monthly pursuant to the terms of this Agreement and based on the most current [***] Notwithstanding the foregoing, the Steering Committee shall have the right, but not the obligation, to set up a cure process, in lieu of the termination right, in the event that SCUSA’s pricing levels falls to [***].
Appears in 3 contracts
Samples: Master Private Label Financing Agreement (Santander Consumer USA Holdings Inc.), Master Private Label Financing Agreement (Santander Consumer USA Holdings Inc.), Master Private Label Financing Agreement (Santander Consumer USA Holdings Inc.)
Adjustment for Price Competitiveness. (a) Pricing Level of Exclusivity [***] [[ ***] [***] [[ ***] [***] [[ ***]
(b) After the first 3 months after the Full Start Date, the determination of where SCUSA’s pricing has been relative to the Market Benchmark, and thus SCUSA’s exclusivity threshold under Section 6.02(a), shall be determined monthly pursuant to the terms of this Agreement and based on the most current [***] ]. Notwithstanding the foregoing, the Steering Committee shall have the right, but not the obligation, to set up a cure process, in lieu of the termination right, in the event that SCUSA’s pricing levels falls to [***].
Appears in 3 contracts
Samples: Master Private Label Financing Agreement, Master Private Label Financing Agreement (Chrysler Group LLC), Master Private Label Financing Agreement (Chrysler Group LLC)
