Illegality or Impossibility. If Section 6.1 becomes applicable, unless prohibited by law, the Party which has been prevented, hindered or delayed from performing shall, as a condition to its right to designate a close-out and liquidation of any affected Currency Obligation, use all reasonable efforts (which will not require such Party to incur a loss, excluding immaterial, incidental expenses) to transfer as soon as practicable, and in any event before twenty (20) days after it gives notice under
Appears in 3 contracts
Samples: International Foreign Exchange Master Agreement (Witter Dean Diversified Futures Fund Ii L P), International Foreign Exchange Master Agreement (Witter Dean Diversified Futures Fund Iii L P), International Foreign Exchange Master Agreement (Columbia Futures Fund)
