No material concerns. If CME reasonably determines in its sole judgment that the requested change will not materially impair clearing services or materially increase operational costs to CME or CME Clearing Members, CME shall submit to CBOT a reasonably detailed proposal for implementing the change, which need not be binding, and which shall include an estimate of the amount to be paid to CME for the requested change.
Appears in 5 contracts
Samples: Clearing Services Agreement (Cbot Holdings Inc), Clearing Services Agreement (Chicago Mercantile Exchange Holdings Inc), Clearing Services Agreement (Cbot Holdings Inc)
No material concerns. If CME reasonably determines in its sole judgment that the requested change will not materially impair clearing services functionality or materially increase operational costs to CME or CME Clearing Membersmembers, CME shall submit to CBOT NYMEX a reasonably detailed proposal for implementing the change, which need not be binding, and which shall include an estimate of the amount to be paid to CME for the any requested change.
Appears in 4 contracts
Samples: Services Agreement (Chicago Mercantile Exchange Holdings Inc), Services Agreement (Nymex Holdings Inc), Services Agreement (Nymex Holdings Inc)