124 STAT. 1486 PUBLIC LAW 111–203—JULY 21, 2010
that the master agreement shall be considered
to be a repurchase agreement under this subclause
only with respect to each agreement or transaction
under the master agreement that is referred to
in subclause (I), (III), or (IV); and
(VI) means any security agreement or arrange-
ment or other credit enhancement related to any
agreement or transaction referred to in subclause
(I), (III), (IV), or (V), including any guarantee or
reimbursement obligation in connection with any
agreement or transaction referred to in any such
subclause.
(vi) S
WAP AGREEMENT
.—The term ‘‘swap agree-
ment’’ means—
(I) any agreement, including the terms and
conditions incorporated by reference in any such
agreement, which is an interest rate swap, option,
future, or forward agreement, including a rate
floor, rate cap, rate collar, cross-currency rate
swap, and basis swap; a spot, same day-tomorrow,
tomorrow-next, forward, or other foreign exchange,
precious metals, or other commodity agreement;
a currency swap, option, future, or forward agree-
ment; an equity index or equity swap, option,
future, or forward agreement; a debt index or debt
swap, option, future, or forward agreement; a total
return, credit spread or credit swap, option, future,
or forward agreement; a commodity index or com-
modity swap, option, future, or forward agreement;
weather swap, option, future, or forward agree-
ment; an emissions swap, option, future, or for-
ward agreement; or an inflation swap, option,
future, or forward agreement;
(II) any agreement or transaction that is
similar to any other agreement or transaction
referred to in this clause and that is of a type
that has been, is presently, or in the future
becomes, the subject of recurrent dealings in the
swap or other derivatives markets (including terms
and conditions incorporated by reference in such
agreement) and that is a forward, swap, future,
option, or spot transaction on one or more rates,
currencies, commodities, equity securities or other
equity instruments, debt securities or other debt
instruments, quantitative measures associated
with an occurrence, extent of an occurrence, or
contingency associated with a financial, commer-
cial, or economic consequence, or economic or
financial indices or measures of economic or finan-
cial risk or value;
(III) any combination of agreements or trans-
actions referred to in this clause;
(IV) any option to enter into any agreement
or transaction referred to in this clause;
(V) a master agreement that provides for an
agreement or transaction referred to in subclause
(I), (II), (III), or (IV), together with all supplements
VerDate Nov 24 2008 21:17 Aug 02, 2010 Jkt 089139 PO 00203 Frm 00112 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL203.111 PUBL203
anorris on DSK5R6SHH1PROD with PUBLIC LAWS