Common use of Support Rates Clause in Contracts

Support Rates. (a) Support Rates shall be updated monthly by SCUSA, communicated by SCUSA to Chrysler not less than [***] prior to the beginning of the release month and will be effective on the first Business Day of the following month, or as otherwise agreed by Chrysler, and may not be adjusted [***]

Appears in 3 contracts

Samples: Equity Option Agreement (Santander Consumer USA Holdings Inc.), Equity Option Agreement (Santander Consumer USA Holdings Inc.), Equity Option Agreement (Santander Consumer USA Holdings Inc.)

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Support Rates. (a) Support Rates shall be updated monthly by SCUSA, communicated by SCUSA to Chrysler not less than [***] prior to the beginning of the release month and will be effective on the first Business Day of the following month, or as otherwise agreed by Chrysler, and may not be adjusted [***].

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)

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