Common use of FIMAT's Remedies Upon Default Clause in Contracts

FIMAT's Remedies Upon Default. l. Customer absolutely and unconditionally agrees that upon the occurrence of an Event of Default, FIMAT, on behalf of itself and as agent for any Affiliate, may exercise any one or more of the following remedies (except that, upon the occurrence of any Event of Default set forth in Section IV.C.(3) above, the remedies specified in subparagraphs a, b, c, and g below shall thereupon be deemed for all purposes to have been exercised, immediately and without action by FIMAT), with only such notice as is required by Applicable Law and cannot be waived, without prejudice to any other remedies:

Appears in 2 contracts

Samples: Agreement (Quadriga Superfund), Agreement (Quadriga Superfund)

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FIMAT's Remedies Upon Default. l. 1. Customer absolutely and unconditionally agrees that upon the occurrence of an Event of Default, FIMAT, on behalf of itself and as agent for any Affiliate, may exercise any one or more of the following remedies (except that, upon the occurrence of any Event of Default set forth in Section IV.C.(3) above, the remedies specified in subparagraphs a, b, c, and g below shall thereupon be deemed for all purposes to have been exercised, immediately and without action by FIMAT), with only such notice as is required by Applicable Law and cannot be waived, without prejudice to any other remedies:

Appears in 2 contracts

Samples: Customer Agreement (GreenHaven Continuous Commodity Index Fund), Customer Agreement (GreenHaven Continuous Commodity Index Fund)

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FIMAT's Remedies Upon Default. l. 1. Customer absolutely and unconditionally agrees that upon the occurrence of an Event of Default, FIMAT, on behalf of itself and as agent for any Affiliate, may exercise any one or more of the following following: remedies (except that, upon the occurrence of any Event of Default set forth in Section IV.C.(3) above, the remedies specified in subparagraphs a, b, c, and g below shall thereupon be deemed for all purposes to have been exercisedexcised, immediately and without action by FIMAT), FIMAT with only such notice as is required by Applicable Law law and cannot be waived, without prejudice to any other remedies:

Appears in 1 contract

Samples: Customer Agreement (Hanseatic Discretionary Pool LLC)

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