CFR 7-1493.100-2014
Agriculture. Part1493:CCC export credit guarantee programs. SubpartB:CCC export credit guarantee (GSM–102) program operations. Section1493.100:Terms and requirements of the payment guarantee.

Standard No.

CFR 7-1493.100-2014

Release Date

2014

Published By

US-CFR-file

Latest

CFR 7-1493.100-2014

Scope

(a) CCC’s obligation. The Payment Guarantee will provide that CCC agrees to pay the Holder of the Payment Guarantee an amount not to exceed the Guaranteed Value, plus Eligible Interest, in the event that the Foreign Financial Institution fails to pay under the Foreign Financial Institution Letter of Credit and, if applicable, the Terms and Conditions Document. Payment by CCC will be in U.S. dollars.

CFR 7-1493.100-2014 history

• 2014 CFR 7-1493.100-2014 Agriculture. Part1493:CCC export credit guarantee programs. SubpartB:CCC export credit guarantee (GSM–102) program operations. Section1493.100:Terms and requirements of the payment guarantee.