Covered Contractual Payment Obligation Law and Legal Definition
According to 12 USCS § 4402 (5), the term covered contractual payment obligation means--
“(A) an obligation of a financial institution to make payment, subject to a netting contract to another financial institution; and
(B) a covered clearing obligation.”
Legal Definition list
- Covered Contractual Payment Entitlement
- Covered Commodity
- Covered Clinical Study [Food and Drugs]
- Covered Clearing Obligation
- Covered Class Action
- Covered Contractual Payment Obligation
- Covered Data [Federal Railroad Administration]
- Covered Employee (Health Care)
- Covered Entity
- Covered Entity (Health Care)
- Covered Entity [Education]