Source: https://www.federalregister.gov/documents/2013/10/28/2013-25314/hashemite-kingdom-of-jordan-loan-guarantees-issued-under-the-further-continuing-appropriations-act
Timestamp: 2017-10-18 00:45:21
Document Index: 525583411

Matched Legal Cases: ['art 233', 'art 233', 'art 233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233', '§\u2009233']

Federal Register :: Hashemite Kingdom of Jordan Loan Guarantees Issued Under the Further Continuing Appropriations Act, 2013-Standard Terms and Conditions
A Rule by the Agency for International Development on 10/28/2013
78 FR 64175
22 CFR 233
List of Subjects in 22 CFR Part 233
https://www.federalregister.gov/d/2013-25314 https://www.federalregister.gov/d/2013-25314
This regulation prescribes the procedures and standard terms and conditions applicable to loan guarantees to be issued for the benefit of the Hashemite Kingdom of Jordan pursuant to the State, Foreign Operations, and Related Programs Appropriations Act of 2012 as applied to fiscal year 2013 funding by the Further Continuing Appropriations Act, 2013.
James P. Kelleher, Office of General Counsel, U.S. Agency for International Development, Washington, DC 20523-6601; tel. 202-712-1594, fax 202-216-3055.
Pursuant to the State, Foreign Operations, and Related Programs Appropriations Act of 2012 (Pub. L. 112-74) as applied to fiscal year 2013 funding by the Further Continuing Appropriations Act, 2013 (Pub. L. 113-6), the United States of America, acting through the U.S. Agency for International Development, may issue certain loan guarantees applicable to sums borrowed by the Hashemite Kingdom of Jordan (the “Borrower”), not exceeding an aggregate total of U.S. $1.25 billion in principal amount. Upon issuance, the loan guarantees shall insure the Borrower's repayment of 100% of principal and interest due under such loans and the full faith and credit of the United States of America shall be pledged for the full payment and performance of such guarantee obligations.
Accordingly, a new Part 233 is added to Title 22, Chapter II, of the Code of Federal Regulations, as follows:
No acceleration of Eligible Notes.Start Printed Page 64176
Appendix A to Part 233—Application for Compensation
§ 233.01
§ 233.02
Application for Compensation means an executed application in the form of Appendix A to this part which a Noteholder, or the Fiscal Agent on behalf of a Noteholder, files with USAID pursuant to § 233.08.
Date of Application means the date on which an Application for Compensation is actually received by USAID pursuant to § 233.15.
Eligible Note(s) means [a] Note[s] meeting the eligibility criteria set out in § 233.04.
§ 233.03
§ 233.04
(1) Must be signed on behalf of the Borrower, manually or in facsimile, by Start Printed Page 64177a duly authorized representative of the Borrower;
§ 233.05
§ 233.06
§ 233.07
§ 233.08
§ 233.09
§ 233.14
§ 233.15
§ 233.16
Gentlemen: You are hereby advised that payment of $___ (consisting of $___ of principal, $___of interest and $___in Further Guaranteed Payments, as defined in § 233.02 of the Standard Terms and Conditions of the above-mentioned Guarantee) was due on ______, 20__, on $___Principal Amount of Notes issued by Hashemite Kingdom of Jordan (the “Borrower”) held by the undersigned. Of such amount $___ was not received on such date and has not been received by the undersigned at the date hereof. In accordance with the terms and provisions of the above-mentioned Guarantee, the undersigned hereby applies, under § 233.08 of said Guarantee, for payment of $___, representing $___, the Principal Amount of the presently outstanding Note(s) of the Borrower held by the undersigned that was due and payable on___ and that remains unpaid, and $___, the Interest Amount on such Note(s) that was due and payable by the Borrower on ___ and that remains unpaid, and $___ in Further Guaranteed Payments,[1] plus accrued and unpaid interest thereon from the date of default with respect to such payments to and including the date payment in full is made by you pursuant to said Guarantee, at the rate of __% per annum, being the rate for such interest accrual specified in such Note. Such payment is to be made at [state payment instructions of Noteholder].
[FR Doc. 2013-25314 Filed 10-25-13; 8:45 am]