Program Limitations. VCI wants to ensure that an optimal sales mix of VCI Vehicles and Program Vehicles are presented at each VCI Sponsored Auction Sale. For this reason, VCI reserves the right, in its sole discretion, to reject any Eligible Vehicles for inclusion in the Program if it determines that the inclusion of such Eligible Vehicles in the Program may have an adverse financial impact on the VCI Vehicles to be offered for sale or the overall success of a particular VCI Sponsored Auction Sale. For example, an Eligible Vehicle could be rejected by VCI based upon a determination that the declared Floor Price is unrealistic, or that the particular VCI Sponsored Auction Sale already includes a surplus of similar models.
Appears in 3 contracts
Sources: Volkswagen Credit Auction Plus Program Participation Agreement, Auction Plus Program Participation Agreement, Auction Plus Program Participation Agreement