Qualified Financial Contract definition

Qualified Financial Contract means a qualified financial contract as defined in 12 U.S.C. Section 1821(e)(8)(D).
Qualified Financial Contract in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D).
Qualified Financial Contract means a commodity contract, forward contract, repurchase agreement, securities contract, swap agreement, and any similar agreement that the commissioner determines by regulation, resolution, or order to be a qualified financial contract for the purposes of this chapter.

Examples of Qualified Financial Contract in a sentence

  • The Receiver will institute, with or without joinder of the Corporation as co-plaintiff, any action with respect to any retained or acquired asset, or Qualified Financial Contract or its QFC Related Item, or any matter connected with either of the foregoing when the Corporation directs the Receiver to institute that action.

  • For purposes of incorporating the ISDA U.S. QFC Protocol, each party shall be deemed to have the same status as a “Regulated Entity” and/or Adhering Party (as such terms are defined therein) applicable to it under the ISDA U.S. QFC Protocol and the applicable Loan Document shall be deemed to be a “Protocol Covered Agreement” (as defined therein) to the extent such Loan Document constitutes a Qualified Financial Contract.

  • If any Person institutes an action at law or in equity against the Receiver and the Corporation as codefendants with respect to any asset or (to the extent not included as an asset) Qualified Financial Contract or its QFC Related Item of the Failed Bank retained or acquired pursuant to this Agreement by the Receiver, the Receiver will, at the request of the Corporation, join with the Corporation in a petition to remove the action to the United States District Court for the proper district.


More Definitions of Qualified Financial Contract

Qualified Financial Contract means any security
Qualified Financial Contract means any commodity contract, forward contract, repurchase
Qualified Financial Contract means a commodity
Qualified Financial Contract means any commodity contract, forward contract, repurchase agreement, securities contract, swap agreement, and any similar agreement that the superintendent may determine by rule or order to be a qualified financial contract for purposes of this chapter.
Qualified Financial Contract means a qualified financial contract notified by the authority under clause (a) of section 4;
Qualified Financial Contract means any securities con- tract, commodity contract, forward contract, repurchase agreement, swap agreement, and any similar agree- ment that the Agency determines by regulation, resolu- tion, or order to be a qualified financial contract for purposes of this paragraph.
Qualified Financial Contract means any commodity