Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 8, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.
Appears in 43 contracts
Samples: Foreign Exchange and Options Master Agreement (Morgan Stanley Spectrum Currency Lp), Customer Agreement (Morgan Stanley Dean Witter Spectrum Currency Lp), Master Agreement (Morgan Stanley Charter Campbell Lp)
Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 85, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.
Appears in 23 contracts
Samples: Customer Agreement (Witter Dean Cornerstone Fund Iv), Master Agreement (Witter Dean Diversified Futures Fund Ii L P), Master Agreement (Witter Dean Diversified Futures Fund Lp)
Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 8, or, if "βAdequate Assurances" β is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.
Appears in 5 contracts
Samples: Master Agreement (BHM Discretionary Futures Fund L.P.), Master Agreement (Morgan Stanley Managed Futures LV, L.P.), Master Agreement (Morgan Stanley Managed Futures HV, L.P.)
Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 8, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement6, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.
Appears in 2 contracts
Samples: Ifxco Terms, 2004 Master Agreement
Suspension of Obligations. Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance perfor- xxxxx to the other Party under the Agreement and the other Party has not exercised its rights under this Section 8, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement6, the other Party may, at its election and without penalty, suspend its obligation obli- gation to perform under the Agreement.
Appears in 1 contract
Samples: Option Master Agreement
