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:
Appears in 4 contracts
Samples: Financing Services Agreement, Financing Services Agreement (General Motors Co), Financing Services Agreement (Ally Financial Inc.)
