Examples of Safe Harbor Provisions of the Bankruptcy Code in a sentence
The Parties acknowledge that this Agreement is a Forward Contract and the Parties are Forward Contract Merchants, both generally and with respect to the deliveries of AECs pursuant to this Agreement, that each party is an “eligible contract participant” as set forth in the Commodities Exchange Act; and, accordingly, the Parties are entitled to the protections of the Safe Harbor Provisions of the Bankruptcy Code.
By virtue of Section 546(e) of the Bankruptcy Code, any Margin payments, settlement payments or posting of Margin collateral are not avoidable and the Parties are otherwise entitled to the benefits of the Safe Harbor Provisions of the Bankruptcy Code with respect to such payments or collateral.
The Debtors reserve all of their rights as to whether any particular Derivative Contract constitutes an agreement subject to the Safe Harbor Provisions of the Bankruptcy Code, or any particular Counterparty is a party entitled to exercise rights pursuant to a Safe Harbor Provision.
Specifically, there was concern that spillover effects from the initial insol- vency could be transmitted through QFCs and sig- nificantly impair both the debtor’s counterparties and the real economy more broadly.109 Proposals to Amend the QFC Safe Harbor Provisions of the Bankruptcy Code Several commentators propose changing or eliminat- ing the safe harbor provisions for QFCs under the Bankruptcy Code.
The Parties acknowledge that this Agreement is a Forward Contract and Master Netting Agreement, the Parties are Forward Contract Merchants and Master Netting Agreement Participants with respect to this Agreement, and, accordingly, the Parties hereto are entitled to the protections of the Safe Harbor Provisions of the Bankruptcy Code.
A six- to eight-page proposal in 12-point font must include these sections:• Background and Introduction• Goals and Objectives• Milestones and Outcomes• Project Description• Fellow Mentoring• Project Partners• Cost Share Description• Strategic Focus Area Proposals are due to the NOAA Office for Coastal Management by close of business on Friday, October 16, 2015.
The Parties acknowledge that this Agreement is a Forward Contract, the Parties are Forward Contract Merchants, both generally and respect to the deliveries of Energy pursuant to this Agreement, and, accordingly, the Parties hereto are entitled to the protections of the Safe Harbor Provisions of the Bankruptcy Code.
By virtue of Section 546(e) of the Bankruptcy Code, any Margin payments, settlement payments or posting of Margin collateral are not avoidable and the nondefaulting Party is otherwise entitled to the benefits of the Safe Harbor Provisions of the Bankruptcy Code with respect to such payments or collateral.
Margin payments, settlement payments, or posting of Margin collateral are not avoidable and the Non-Defaulting Party is otherwise entitled to the benefits of the Safe Harbor Provisions of the Bankruptcy Code with respect to such payments or collateral.
Moreover, it is unlikely that an Indian court would award damages on the same basis and to the extent awarded in a final judgment rendered outside India if it believes that the amount of damages awarded were excessive or inconsistent with Indian practice or public policy.