(a) Notification. Upon claim payment to the Holder of the Payment Guarantee, CCC will notify the Foreign Financial Institution of CCC’s rights under the subrogation agreement to recover all monies in default.
CFR 7-1493.190-2014 history
2014CFR 7-1493.190-2014 Agriculture. Part1493:CCC export credit guarantee programs. SubpartB:CCC export credit guarantee (GSM–102) program operations. Section1493.190:Recovery of defaulted payments.