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:
Appears in 2 contracts
Samples: Financing Services Agreement (Gmac Inc.), Financing Services Agreement (General Motors Co)
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 [***]] contemplated by Section 3.2(b)(ii)(C) of this Agreement, 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:
Appears in 2 contracts
Samples: Financing Services Agreement, Financing Services Agreement (Ally Financial Inc.)
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 [***]] contemplated by Section 3.2(b)(ii)(C) of this Agreement, but GMAC’s exclusivity payment would be reduced on a pro-rata basis for the duration of [***] 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 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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