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LAWDOG® Bankruptcy

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LAWDOG BANKRUPTCY DICTIONARY

Settlement Agreement


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Under 11 U.S.C. Section 101, the term:

(51A) ''settlement payment'' means, for purposes of the forward contract provisions of this title, a preliminary settlement payment, a partial settlement payment, an interim settlement payment, a settlement payment on account, a final settlement payment, a net settlement payment, or any other similar payment commonly used in the forward contract trade;


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