What Is Mean By Qualified Agreement

(b) repurchase agreements. The following agreements are considered “offering for sale agreements” under section 11(e)(8)(D)(v) of the Federal Deposit Insurance Act, as amended (12 U.S.C. 1821(e)(8)(D)(v)): An agreement to rehabilitate eligible foreign government bonds is an agreement or combination of agreements (including framework agreements) that provides for the transfer of securities that are direct obligations or that are entered into by central governments ( as provided for in 12 CFR 324.2 (Definition of Country Risk) of the OECD-based group of countries (as generally discussed in 12 CFR 324.32) against the transfer of funds by the transferee of such securities with the simultaneous consent of the assignor to the transfer of securities to the assignee of such securities, as described above, be fully guaranteed, at any given time no later than one year after such transfers or upon request against funds transferred to the money. (c) exchange agreements. The following arrangements are considered “swap arrangements” under Section 11(e)(8)(D)(vi) of the Federal Deposit Insurance Act, as amended (12 U.S.C. 1821(e)(8)(D)(vi)): A foreign exchange certificate agreement is any agreement that involves the purchase or sale of a currency in exchange for another currency (or a unit of account established by an intergovernmental organization such as the European Monetary Unit) for a period of two days. or less after closing. of the agreement and includes short-term transactions such as tomorrow/next day transactions and same day/tomorrow transactions. For a contract to be valid, the acceptance of an offer must not be subject to any conditions; a qualified acceptance is therefore equivalent to a counter-offer. (a) Authority and purpose. Sections 11(e)(8) to (10) of the Federal Deposit Insurance Act, 12 U.S.C. 1821(e) (8) to (10) special rules for the treatment of qualified financial contracts of an insured custodian institution for which the FDIC is appointed custodian or receiver, including rules describing how qualified financial contracts may be transferred or entered into.

Section 11(e)(8)(D)(i) of the Federal Deposit Insurance Act, 12 U.S.C. 1821(e) (8) (D)(i) gives the Company the power to determine by order whether an agreement not referred to in section 11(e)(8)(D) is to be recognized as an eligible financial contract under the Act. The purpose of this section is to identify additional agreements that the Company has classified as eligible financial contracts. In contract law, an addition to an offer that is conditional or partial and modifies the offer by changing the time, amount, type or place of payment. Termination events will be characterized for the purposes of interpreting this unqualified agreement in accordance with the definitions contained herein. Subject to the provisions of this Section 5.9(b)(v), any ordinary non-voting entity owned by a registration holder that is a qualified holder will be automatically converted into one (1) ordinary entity (or a number adjusted in accordance with Article 5.9(b)(v)(E)) as soon as it is transferred by that qualified holder to a person who is not an affiliate (as that term is defined in the applicable qualified agreement). is) that qualified holder. . . . .