Qualifying master netting agreementNetting Agreement • May 5th, 2020
Qualifying master netting agreement means a written, legally enforceable agreement provided that: (1) The agreement creates a single legal obligation for all individual transactions covered by the agreement upon an event of default following any stay permitted by paragraph (2) of this definition, including upon an event of receivership, conservatorship, insolvency, liquidation, or similar proceeding, of the counterparty; (2) The agreement provides the FDIC-supervised institution the right to accelerate, terminate, and close-out on a net basis all transactions under the agreement and to liquidate or set-off collateral promptly upon an event of default, including upon an event of receivership, conservatorship, insolvency, liquidation, or similar proceeding, of the counterparty, provided that, in any such case, (i) Any exercise of rights under the agreement will not be stayed or avoided under applicable law in the relevant jurisdictions, other than: (A) In receivership, conservatorship, o
Netting AgreementNetting Agreement • October 15th, 2020 • North Carolina
This Netting Agreement (the "Netting Agreement") is made and entered into this ____ day of _______, 2001 (the "Effective Date") by and between Carolina Power & Light Company and Enron North America Corporation (each may be referred to individually as "Party" or collectively as "Parties.")
Master Netting Agreement DerivativesNetting Agreement • January 20th, 2022
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NETTING AGREEMENTNetting Agreement • December 17th, 2020 • Illinois
This Netting Agreement ("Netting Agreement") is made and entered into on November, 2001 ("Effective Date") by and between Northern Illinois Gas Company doing business as Nicor Gas Company (“Nicor”), an Illinois corporation ("Nicor") which has a business address of 1844 Ferry Road, Naperville, Illinois 60563 and Enron North America, a Delaware corporation ("Counterparty") which has a business address of 1400 Smith Street, Houston, TX 77002 with both Nicor and Counterparty collectively referred to as "Parties" or singularly as "Party."
1 EXHIBIT 10.29 NETTING AGREEMENT BETWEEN: PECHINEY SERVICES, a Belgian limited company (societe anonyme) with head offices in Brussels at 14, place Saint- Lambert - 1200 BRUXELLES and with administrative offices in Brussels at 24, rue de la Loi -...Netting Agreement • June 29th, 1999 • American National Can Group Inc • Metal cans
Qualifying master netting agreementNetting Agreement • May 5th, 2020
Qualifying master netting agreement means a written, legally enforceable agreement provided that: (1) The agreement creates a single legal obligation for all individual transactions covered by the agreement upon an event of default following any stay permitted by paragraph (2) of this definition, including upon an event of receivership, conservatorship, insolvency, liquidation, or similar proceeding, of the counterparty; (2) The agreement provides the national bank or Federal savings association the right to accelerate, terminate, and close-out on a net basis all transactions under the agreement and to liquidate or set-off collateral promptly upon an event of default, including upon an event of receivership, conservatorship, insolvency, liquidation, or similar proceeding, of the counterparty, provided that, in any such case, any exercise of rights under the agreement will not be stayed or avoided under applicable law in the relevant jurisdictions, other than: (i) In receivership, conse
Qualifying master netting agreementNetting Agreement • May 5th, 2020
Qualifying master netting agreement means a written, legally enforceable agreement provided that: (1) The agreement creates a single legal obligation for all individual transactions covered by the agreement upon an event of default, including upon an event of receivership, insolvency, liquidation, or similar proceeding, of the counterparty; (2) The agreement provides the FDIC-supervised institution the right to accelerate, terminate, and close-out on a net basis all transactions under the agreement and to liquidate or set off collateral promptly upon an event of default, including upon an event of receivership, insolvency, liquidation, or similar proceeding, of the counterparty, provided that, in any such case, any exercise of rights under the agreement will not be stayed or avoided under applicable law in the relevant jurisdictions, other than in receivership, conservatorship, resolution under the Federal Deposit Insurance Act, Title II of the Dodd-Frank Act, or under any similar inso
NETTING AGREEMENT/QUAL. FIN. CONTRACTNetting Agreement • June 29th, 2004
The bill would amend Chapter 81 (Supervision, Rehabilitation, and Liquidation) of the Insurance Code to specify that a person could not be stayed or prohibited from exercising any of the following:
