Document ID: 10976

Text:
(d)If the Bank is in default as defined in Section 3(x) ( 12 U.S.C. 1813 (x)(1)) of the FDI Act , all obligations of the Bank under this contract shall terminate as of the date of default, but this paragraph shall not affect any vested rights of the contracting parties.

Named Entities:
12
13
Regulation
18
25
Regulation
35
36
Act

Tokenized Text:
(
d
)
If
the
Bank
is
in
default
as
defined
in
Section
3
(
x
)
(
12
U
.
S
.
C
.
1813
(
x
)
(
1
)
)
of
the
FDI
Act
,
all
obligations
of
the
Bank
under
this
contract
shall
terminate
as
of
the
date
of
default
,
but
this
paragraph
shall
not
affect
any
vested
rights
of
the
contracting
parties
.