Common Contracts
1 similar Swap Agreement contracts
TITLE 11—BANKRUPTCY Page 180Swap Agreement • September 27th, 2019
The exercise of any contractual right of any swap participant or financial participant to cause the liquidation, termination, or accelera- tion of one or more swap agreements because of a condition of the kind specified in section 365(e)(1) of this title or to offset or net out any termination values or payment amounts arising under or in connection with the termination, liquidation, or acceleration of one or more swap agreements shall not be stayed, avoided, or otherwise limited by operation of any provision of this title or by order of a court or administra- tive agency in any proceeding under this title. As used in this section, the term ‘‘contractual right’’ includes a right set forth in a rule or bylaw of a derivatives clearing organization (as defined in the Commodity Exchange Act), a multilateral clearing organization (as defined in the Federal Deposit Insurance Corporation Im- provement Act of 1991), a national securities ex- change, a national securities association, a secu- r
