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
Sources: Isda Master Agreement (MACROshares Oil Up Tradeable Trust), Isda Master Agreement (MACRO Securities Depositor, LLC), Isda Master Agreement (MACROshares Oil Down Holding Trust)
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
Sources: Isda Master Agreement (CNH Capital Receivables LLC)