Exclusion from Commodity Exchange Act Sample Clauses
The "Exclusion from Commodity Exchange Act" clause defines that certain transactions or agreements are not subject to the regulations and requirements of the Commodity Exchange Act (CEA). In practice, this means that the parties involved in the contract are not bound by the CEA's rules regarding trading, reporting, or registration for the specified transaction, such as certain swaps or derivatives. This clause is typically used to clarify regulatory boundaries and ensure that the agreement is not inadvertently subject to commodity trading laws, thereby reducing compliance burdens and legal uncertainty for the parties.
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Exclusion from Commodity Exchange Act. (1) It is an “eligible contract participant” within the meaning of Section 1a(12) of the Commodity Exchange Act, as amended; (2) this Agreement and each Transaction is subject to individual negotiation by such party; and (3) neither this Agreement nor any Transaction will be executed or traded on a “trading facility” within the meaning of Section 1a(33) of the Commodity Exchange Act, as amended.
Exclusion from Commodity Exchange Act. It is an "eligible contract participant" within the meaning of Section 1a(12) of the Commodity Exchange Act, as amended; (B) this Agreement and each Transaction is subject to individual negotiation by such party; and (C) neither this Agreement nor any Transaction will be executed or traded on a "trading facility" within the meaning of Section 1a(33) of the Commodity Exchange Act, as amended.
Exclusion from Commodity Exchange Act. (1) It is an "eligible contract participant" within the meaning of Section 1a(12) of the Commodity Exchange Act, as amended; (2) this Agreement and each Transaction is subject to individual negotiation by such party; and (3) neither this Agreement nor any Transaction will be executed or traded on a "trading facility" within the meaning of Section 1a(33) of the Commodity Exchange Act, as amended.
(i) Swap Agreement. Each Transaction is a "swap agreement" as defined in 12 U.S.C. Section 1821(e)(8)(D)(vi) and a "covered swap agreement" as defined in the Commodity Exchange Act (7 U.S.C. Section 27(d)(1))."