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Award Provisions
Award Provisions contract clause examples

Issuer agrees and acknowledges that Dealer is a “financial institution” and “financial participant” within the meaning of [Sections 101(22) and 101(22A)])] of the Bankruptcy Code. The parties hereto further agree and acknowledge that it is the intent of the parties that # this Confirmation is a “securities contract,” as such term is defined in Section 741(7) of the Bankruptcy Code, with respect to which each payment and delivery hereunder or in connection herewith is a “termination value,” “payment amount” or “other transfer obligation” within the meaning of Section 362 of the Bankruptcy Code and a “settlement payment,” within the meaning of Section 546 of the Bankruptcy Code, and # Dealer is entitled to the protections afforded by, among other sections, Sections 362(b)(6), 362(b)(17), 362(o), 546(e), 555 and 561 of the Bankruptcy Code.

Each of [[Organization A:Organization]] and [[Organization B:Organization]] agrees and acknowledges that [[Organization A:Organization]] is a “financial institution” and “financial participant” within the meaning of [Sections 101(22) and 101(22A)])] of the Bankruptcy Code. The parties hereto further agree and acknowledge # that this Confirmation is a “securities contract,” as such term is defined in Section 741(7) of the Bankruptcy Code, with respect to which each payment and delivery hereunder or in connection herewith is a “termination value,” “payment amount” or “other transfer obligation” within the meaning of Section 362 of the Bankruptcy Code and a “settlement payment” within the meaning of Section 546 of the Bankruptcy Code, and # that [[Organization A:Organization]] is entitled to the protections afforded by, among other sections, Sections 362(b)(6), 362(b)(27), 362(o), 546(e), 546(j), 548(d)(2), 555 and 561 of the Bankruptcy Code.

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