Common use of Additional Events of Default Clause in Contracts

Additional Events of Default. The following provisions which are checked shall constitute Events of Default: None. (a) occurrence of garnishment or provisional garnishment against a claim against the Defaulting Party acquired by the Non-Defaulting Party. The automatic termination provisions of Section 5.1 [shall] [shall not] apply to either Party that is a Defaulting Party in respect of this Event of Default. (b) suspension of payment by the Defaulting Party or any Credit Support provider in accordance with the Bankruptcy Law or the Corporate Reorganization Law in Japan. The automatic termination provision of Section 5.1 [shall] [shall not] apply to either Party that is a Defaulting Party in respect of this Event of Default. (c) disqualification of the Defaulting Party or any Credit Support Provider by any relevant xxxx clearing house located in Japan. The automatic termination provision of Section

Appears in 14 contracts

Samples: International Foreign Exchange Master Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), International Foreign Exchange Master Agreement (Witter Dean Principal Plus Fund L P), International Foreign Exchange Master Agreement (Witter Dean Multi Market Portfolio L P)

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Additional Events of Default. The following provisions which are checked shall constitute Events of Default: None. (a) occurrence of garnishment or provisional garnishment against a claim against the Defaulting Party acquired by the Non-Defaulting Party. The automatic termination provisions of Section 5.1 [shall] [shall not] apply to either Party that is a Defaulting Party in respect of this Event of Default. (b) suspension of payment by the Defaulting Party or any Credit Support provider in accordance with the Bankruptcy Law or the Corporate Reorganization Law in Japan. The automatic termination provision of Section 5.1 [shall] [shall not] apply to either Party that is a Defaulting Party in respect of this Event of Default. (c) disqualification of the Defaulting Party or any Credit Support Provider by any relevant xxxx bill clearing house located in Japan. The automatic auxxxxtic termination provision of Section

Appears in 2 contracts

Samples: International Foreign Exchange Master Agreement (Witter Dean Cornerstone Fund Iii), International Foreign Exchange Master Agreement (Witter Dean Cornerstone Fund Iv)

Additional Events of Default. The following provisions which are checked shall constitute Events of Default: None. (a) occurrence of garnishment or provisional garnishment against a claim against the Defaulting Party acquired by the Non-Defaulting Party. The automatic termination provisions of Section 5.1 [shall] [shall not] apply to either Party that is a Defaulting Party in respect of this Event of Default. (b) suspension of payment by the Defaulting Party or any Credit Support provider in accordance with the Bankruptcy Law or the Corporate Reorganization Law in Japan. The automatic termination provision of Section 5.1 [shall] [shall not] apply to either Party that is a Defaulting Party in respect of this Event of Default. (c) disqualification of the Defaulting Party or any Credit Support Provider by any relevant xxxx bxxx clearing house located in Japan. The automatic termination provision of Section

Appears in 1 contract

Samples: International Foreign Exchange Master Agreement (Witter Dean Diversified Futures Fund Iii L P)

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Additional Events of Default. The following provisions which are checked shall constitute Events of Default: None. (a) occurrence of garnishment or provisional garnishment against a claim against the Defaulting Party acquired by the Non-Defaulting Party. The automatic termination provisions of Section 5.1 [shall] [shall not] apply to either Party that is a Defaulting Party in respect of this Event of Default. (b) suspension of payment by the Defaulting Party or any Credit Support provider in accordance with the Bankruptcy Law or the Corporate Reorganization Law in Japan. The automatic termination provision of Section 5.1 [shall] [shall not] apply to either Party that is a Defaulting Party in respect of this Event of Default. (c) disqualification of the Defaulting Party or any Credit Support Provider by any relevant xxxx bill clearing house located in Japan. The Xhe automatic termination provision of Section

Appears in 1 contract

Samples: International Foreign Exchange Master Agreement (Witter Dean Spectrum Strategic Lp)

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