Common use of Securities Contracts Clause in Contracts

Securities Contracts. Each party hereto agrees that this Agreement and the Loans made hereunder shall be a "qualified financial contracts" for purposes of Section 11 (e)(8) of the Federal Deposit Insurance Act, as amended, and any receivership or conservationship proceeding thereunder.

Appears in 4 contracts

Sources: Securities Lending Authorization Agreement (New England Funds Trust I), Securities Lending Authorization Agreement (Bernstein Sanford C Fund Inc), Securities Lending Authorization Agreement (New England Funds Trust Ii)

Securities Contracts. Each party hereto agrees that this Agreement and the Loans made hereunder shall be a "qualified financial contractscontract" for purposes of Section 11 (e)(8) of the Federal Deposit Insurance Act, as amended, and any receivership or conservationship proceeding thereunder.

Appears in 1 contract

Sources: Securities Lending Authorization Agreement (Bernstein Sanford C Fund Inc)

Securities Contracts. Each party hereto agrees that this Agreement and the Loans made hereunder shall be a "qualified financial contracts" for purposes of Section 11 (e)(811(e)(8) of the Federal Deposit Insurance Act, as amended, and any receivership or conservationship proceeding thereunder.

Appears in 1 contract

Sources: Securities Lending Authorization Agreement (MTB Group of Funds)