Can the provisions of a Netting Agreement be affected by the Insolvency and Bankruptcy laws?
No, the provisions of a Netting Agreement cannot be suspended, resolved, made conditional, or not performed based on the provisions of the Insolvency and Bankruptcy laws. These laws cannot limit the exercise of rights to set-off, offset, or net out obligations, entitlements, payment amounts, or termination values owed between an Insolvent and another party.