22 C.F.R. · Foreign Relations
22 C.F.R. § 240.3

The Guarantee.

Title 22 C.F.R. ● ACTIVE Primary Source
Regulatory Text

22 C.F.R. § 240.3 — The Guarantee.

§ 240.3 The Guarantee. Subject to the terms and conditions set out in this part, the United States of America, acting through USAID, guarantees to Noteholders the Borrower's repayment of 100% of principal and interest due on Eligible Notes. Under this Guarantee, USAID agrees to pay to any Noteholder compensation in Dollars equal to such Noteholder's Loss of Investment under its Eligible Note; provided, however, that no such payment shall be made to any Noteholder for any such loss arising out of fraud or misrepresentation for which such Noteholder is responsible or of which it had knowledge at the time it became such Noteholder. This Guarantee shall apply to each Eligible Note registered on the Note Register.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR22-SEC-C47CCB
Entity Class
REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
22 C.F.R. § 240.3
Corpus
CFR — Code of Federal Regulations
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✓ ACTIVE
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PRIMARY-SOURCE
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✓ TRUE
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848864734dba0ec7...
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The regulatory text of 22 C.F.R. § 240.3 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 22 22 C.F.R. § 240.3