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 8, 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 43 contracts
Samples: Foreign Exchange and Options Master Agreement (Witter Dean Cornerstone Fund Iii), Foreign Exchange and Options Master Agreement (Dean Witter Global Perspective Portfolio L P), Foreign Exchange and Options Master Agreement (Witter Dean Principal Plus Fund 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 Party under the Agreement and the other Party has not exercised its rights under this Section 85, 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 (Morgan Stanley Dean Witter Charter Millburn Lp), Master Agreement (Dean Witter Spectrum Global Balanced Lp), Master Agreement (Witter Dean Cornerstone Fund Ii)
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 8, 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 (BHM Discretionary Futures Fund L.P.), Master Agreement (Morgan Stanley Managed Futures LV, L.P.), Master Agreement (Morgan Stanley Spectrum Technical 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 8, 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: Ifxco Terms, 2004 Master Agreement
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 8, 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
