Common use of Disruption Events Clause in Contracts

Disruption Events. With respect to any Disruption Event that is applicable to an FX Transaction or Currency Option Transaction pursuant to the Definitions or as otherwise agreed by the Parties as evidenced by a Confirmation, Section 9 of the Agreement shall not be applicable in respect of such FX Transaction or Currency Option Transaction, and the Parties shall be subject to the Disruption Fallbacks (including but not limited to No Fault Termination) specified as applicable pursuant to the Definitions or such Confirmation.

Appears in 46 contracts

Samples: Master Agreement (BHM Discretionary Futures Fund L.P.), Master Agreement (Morgan Stanley Managed Futures HV, L.P.), Master Agreement (Morgan Stanley Managed Futures LV, L.P.)

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Disruption Events. With respect to any Disruption Event that is applicable to an FX Transaction or Currency Option Transaction pursuant to the Definitions or as otherwise agreed by the Parties as evidenced by a Confirmation, Section 9 of the Agreement shall not be applicable in respect of such FX Transaction or Currency Option Transaction, and the Parties shall be subject to the Disruption Fallbacks (including but not limited to No Fault Termination) specified as applicable pursuant to the Definitions or such Confirmation.

Appears in 5 contracts

Samples: Master Agreement (Morgan Stanley Spectrum Strategic Lp), Master Agreement (Morgan Stanley Spectrum Technical Lp), Master Agreement (Morgan Stanley Charter Campbell Lp)

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Disruption Events. With respect to any Disruption Event that is applicable to an FX Transaction or Currency Option Transaction pursuant to the Definitions or as otherwise agreed by the Parties as evidenced by a Confirmation, Section 9 of the Agreement shall not be applicable in respect of such FX Transaction or Currency Option Transaction, and the Parties shall be subject to the Disruption Fallbacks (including but not limited to No Fault Termination) specified as applicable pursuant to the Definitions or such Confirmation.. E.

Appears in 1 contract

Samples: Foreign Exchange and Options Master Agreement (Dean Witter Global Perspective Portfolio L P)

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