▁B HC ▁that ▁includes ▁the ▁B HC ’ s ▁core ▁business es ▁and ▁its ▁most ▁significant ▁subs idi aries ▁( i . e ., ▁“ material ▁entities ” ), ▁as ▁well ▁as ▁one ▁or ▁more ▁C ID I ▁plans ▁depending ▁on ▁the ▁number ▁of ▁US ▁bank ▁subs idi aries ▁of ▁the ▁B HC ▁that ▁meet ▁the ▁$ 5 0 ▁billion ▁asset ▁threshold . ▁Similar ▁to ▁the ▁assumptions ▁made ▁for ▁resolution ▁plans , ▁the ▁F D IC ▁recently ▁issued ▁assumptions ▁to ▁be ▁made ▁in ▁C ID I ▁plans ▁including ▁the ▁assumption ▁that ▁the ▁C ID I ▁will ▁fail . ▁ ▁Qual ified ▁Fin an cial ▁Cont ract s ▁When ▁a ▁company ▁enters ▁ins ol ven cy ▁( e ither ▁through ▁bank rupt cy ▁or ▁F D IC ▁receiver ship ), ▁an ▁automatic ▁stay ▁is ▁triggered ▁that ▁generally ▁prohib its ▁credit ors ▁and ▁counter part ies ▁from ▁termin ating , ▁offset ting ▁against ▁coll ater al , ▁or ▁taking ▁any ▁other ▁mit ig ating ▁action ▁with ▁respect ▁to ▁their ▁out standing ▁contract s ▁with ▁the ▁ins ol vent ▁company . ▁However , ▁under ▁US ▁law ▁counter part ies ▁to ▁Q FC s ▁are ▁ex empt ▁from ▁this ▁stay ▁and ▁may ▁usually ▁begin ▁to ▁exercise ▁their ▁contract ual ▁rights ▁after ▁the ▁close ▁of ▁business ▁the ▁next ▁day . ▁In ▁case ▁of ▁receiver ship , ▁the ▁F D IC ▁must ▁decide ▁within ▁this ▁time ▁period ▁whether ▁to ▁transfer ▁the ▁Q FC ▁to ▁another ▁institution , ▁retain ▁the ▁Q FC ▁and ▁allow ▁the ▁counter party ▁to ▁terminate ▁it