22 CFR § 239.7 Republic of Tunisia Loan Guarantees Issued Under Section 7034(o) of the Department of State, Foreign Operations, and Related Programs Appropriations Act of 2016

§ 239.7 Fiscal Agent obligations.

Current through Oct 13, 2026 · Read all of Part 239

Failure of the Fiscal Agent to perform any of its obligations pursuant to the Fiscal Agency Agreement shall not impair any Noteholder's rights under the Guarantee, but may be the subject of action for damages against the Fiscal Agent by USAID as a result of such failure or neglect. A Noteholder may appoint the Fiscal Agent to make demand for payment on its behalf under the Guarantee.

← § 239.6 Transferability of Guarantee; Note Register.§ 239.8 Event of Default; Application for Compensation; payment. →