Regulations last checked for updates: Apr 30, 2025

Title 22 - Foreign Relations last revised: Jan 17, 2025
§ 238.9 - 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.

authority: Sec. 7034(r) of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2015 (Div. J, Pub. L. 113-235)
source: 80 FR 36237, June 24, 2015, unless otherwise noted.
cite as: 22 CFR 238.9