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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 240 - Sovereign Loan Guarantee - Standard Terms and Conditions |
§ 240.9 - No acceleration of Eligible Notes.
Latest version.
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§ 240.9 No acceleration of Eligible Notes.
Eligible Notes shall not be subject to acceleration, in whole or in part, by USAID, the Noteholder or any other party. USAID shall not have the right to pay any amounts in respect of the Eligible Notes other than in accordance with the original payment terms of such Eligible Notes.