Force Majeure Event and Event of Default. Nothing in this Section 9 shall be taken as indicating that the Party treated as the Defaulting Party for the purpose of calculations required by Section 8.1 has committed any breach or default. If an event occurs that would otherwise constitute both a Force Majeure Event and an Event of Default, that event will be treated as a Force Majeure Event and will not constitute an Event of Default." In addition, the following definitions shall be added to Section 1 of the Agreement:
Appears in 8 contracts
Samples: Foreign Exchange and Options Master Agreement (Morgan Stanley Spectrum Currency Lp), Foreign Exchange and Options Master Agreement (Morgan Stanley Portfolio Strategy Fund L.P.), Foreign Exchange and Options Master Agreement (Morgan Stanley Spectrum Strategic Lp)
Force Majeure Event and Event of Default. Nothing in this Section 9 shall be taken as indicating that the Party treated as the Defaulting Party for the purpose of calculations required by Section 8.1 has committed any breach or default. If an event occurs that would otherwise constitute both a Force Majeure Event and an Event of Default, that event will be treated as a Force Majeure Event and will not constitute an Event of Default." β In addition, the following definitions shall be added to Section 1 of the Agreement:
Appears in 5 contracts
Samples: Foreign Exchange and Options Master Agreement (BHM Discretionary Futures Fund L.P.), Foreign Exchange and Options Master Agreement (Morgan Stanley Managed Futures HV, L.P.), Foreign Exchange and Options Master Agreement (Morgan Stanley Spectrum Technical Lp)
Force Majeure Event and Event of Default. Nothing in this Section 9 7 shall be taken as indicating that the Party treated as the Defaulting Party for the purpose of calculations required by Section 8.1 7.1 has committed any breach or default. If an event occurs that would otherwise constitute both a Force Majeure Event and an Event of Default, that event will shall be treated as a Force Majeure Event and will shall not constitute consti- tute an Event of Default." In addition, the following definitions shall be added to Section 1 of the Agreement:
Appears in 2 contracts
Samples: International Foreign Exchange and Currency Option Master Agreement, International Foreign Exchange and Currency Option Master Agreement
Force Majeure Event and Event of Default. Nothing in this Section 9 7 shall be taken as indicating indi- cating that the Party treated as the Defaulting Party for the purpose of calculations required by Section 8.1 7.1 has committed any breach or default. If an event occurs that would otherwise other- wise constitute both a Force Majeure Event and an Event of Default, that event will shall be treated as a Force Majeure Event and will shall not constitute an Event of Default." In addition, the following definitions shall be added to Section 1 of the Agreement:
Appears in 1 contract
Samples: International Foreign Exchange and Currency Option Master Agreement
