Common use of Adequate Assurances Clause in Contracts

Adequate Assurances. If the Parties have so agreed in Part XI of the Schedule, the failure by a Party to give adequate assurances of its ability to perform any of its obligations under the Agreement within two (2) Business Days of a written request to do so when the other Party has reasonable grounds for insecurity shall be an Event of Default under the Agreement.

Appears in 71 contracts

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

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Adequate Assurances. If the Parties have so agreed in Part XI VIII of the Schedule, the failure by a Party ("first Party") to give adequate assurances of its ability to perform any of its obligations under the Agreement within two (2) Business Days of a written request to do so when the other Party has ("second Party") had reasonable grounds for insecurity shall be an Event of Default under the Agreement.shall

Appears in 1 contract

Samples: Master Agreement (Campbell Asset Allocation Trust)

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