Common use of Limited Assets Available Clause in Contracts

Limited Assets Available. In addition, the Advisor agrees that for any obligations due and owing to it by Series J, the Advisor will look solely and exclusively to the Allocated Assets to satisfy its claims and will not seek to attach or otherwise assert a claim against the other assets of the Trust or Series J, whether there is a Bankruptcy or Insolvency Action taken or otherwise. The parties agree that this provision will survive the termination of this Agreement, whether terminated in a Bankruptcy or Insolvency Action or otherwise.

Appears in 6 contracts

Samples: Advisory Agreement (WMT III Series G/J Trading Vehicle LLC), Amended and Restated Advisory Agreement (World Monitor Trust III - Series J), Representation Agreement (World Monitor Trust III - Series J)

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Limited Assets Available. In addition, the Advisor agrees that for any obligations due and owing to it by Series J, the Advisor will look solely and exclusively to the Allocated Assets Assets, to satisfy its claims and will not seek to attach or otherwise assert a claim against the other assets of the Trust or Series J, J whether there is a Bankruptcy or Insolvency Action taken or otherwise. The parties agree that this provision will survive the termination of this Agreement, whether terminated in a Bankruptcy or Insolvency Action or otherwise.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust III - Series J), Advisory Agreement (World Monitor Trust III - Series J)

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Limited Assets Available. In addition, the The Advisor agrees that for any obligations due and owing to it by Series J, the Advisor will look solely and exclusively to the Allocated Assets at the time such obligation was incurred to satisfy its claims and will not seek to attach or otherwise assert a claim against the other assets of the Trust or Series J, whether there is a Bankruptcy or Insolvency Action (s defined below) taken or otherwise. The parties agree that this provision will survive the termination of this Agreement, whether terminated in a Bankruptcy or Insolvency Action or otherwise.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III - Series J)

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