Common use of Right to Terminate Following Event of Default Clause in Contracts

Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a party (the "Defaulting Party") has occurred and is then continuing, the

Appears in 3 contracts

Samples: Isda Master Agreement (MACROshares Oil Up Tradeable Trust), Isda Master Agreement (MACRO Securities Depositor, LLC), Isda Master Agreement (MACROshares Oil Down Holding Trust)

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Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a party (the "Defaulting Party") has occurred and is then continuing, thethe other party (the “Non-defaulting Party”) may, by not

Appears in 1 contract

Samples: Isda Master Agreement (CNH Capital Receivables LLC)

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