Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 5, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.
Appears in 23 contracts
Samples: Master Agreement (DWFCM International Access Fund Lp), Master Agreement (Witter Dean Diversified Futures Fund Iii L P), Master Agreement (Dean Witter Portfolio Strategy Fund Lp)
Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 58, or, if "βAdequate Assurances" β is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.
Appears in 5 contracts
Samples: Master Agreement (Morgan Stanley Managed Futures HV, L.P.), Master Agreement (Morgan Stanley Spectrum Strategic Lp), Master Agreement (Morgan Stanley Managed Futures LV, L.P.)
Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Non-Defaulting Party under the Agreement and so long as the other Non-Defaulting Party has not exercised its rights under this Section 5, or, if "Adequate Assurances" is specified as applying to 6.1 the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement, the other Non-Defaulting Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.
Appears in 4 contracts
Samples: Master Agreement (Campbell Alternative Asset Trust), Master Agreement (Campbell Alternative Asset Trust), Master Agreement (Campbell Asset Allocation Trust)
Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 5, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement6, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.
Appears in 2 contracts
Samples: 2004 Master Agreement, Ifxco Terms
Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance perfor- xxxxx to the other Party under the Agreement and the other Party has not exercised its rights under this Section 5, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement6, the other Party may, at its election and without penalty, suspend its obligation obli- gation to perform under the Agreement.
Appears in 1 contract
Samples: Option Master Agreement
