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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 22 - Foreign Relations |
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Chapter II - Agency for International Development |
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Part 204 - Housing Guaranty Standard Terms and Conditions |
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Subpart D - Covenants |
§ 204.33 - A.I.D. approval of acceleration of notes.
Latest version.
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§ 204.33 A.I.D. approval of acceleration of notes.
Without the prior approval of A.I.D., the Lender or any Assignee shall not accelerate any Eligible Notes held by it on account of the happening of an Event of Default other than failure to make a payment when due on the note.