22 CFR · Foreign Relations
§ 240.7 — Fiscal Agent obligations.
22 CFR § 240.7
TitleTitle 22: Foreign RelationsPartPart 240: Sovereign Loan Guarantee—Standard Terms and Conditions
SourceeCFR (current through Apr 10, 2026)
This text of 22 C.F.R. § 240.7 (Fiscal Agent obligations.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
22 C.F.R. § 240.7 (2026).
Text
§ 240.7 Fiscal Agent obligations.
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 this 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 this Guarantee.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
11
§ 240.2
Definitions.§ 240.3
The Guarantee.§ 240.4
Guarantee eligibility.§ 240.7
Fiscal Agent obligations.§ 240.11
Subrogation of USAID.§ 240.12
Prosecution of claims.Cite This Page — Counsel Stack
Bluebook (online)
22 C.F.R. § 240.7, Counsel Stack Legal Research, https://law.counselstack.com/cfr/22/240/240.7.