22 CFR 234.7 - Fiscal Agent obligations.

Regulations last checked for updates: May 02, 2024

Title 22 - Foreign Relations last revised: Apr 24, 2024

View all text of Part 234 [§ 234.1 - § 234.16]

§ 234.7 - 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.

authority: Pub. L. 113-95, 128 Stat. 1088

source: 79 FR 26834, May 12, 2014, unless otherwise noted.

cite as: 22 CFR 234.7