GroundRules
22 CFR 241.11: Subrogation of USAID.
Where this section sits in the code
- Title 22—Foreign Relations
- CHAPTER II—AGENCY FOR INTERNATIONAL DEVELOPMENT
- PART 241—REPUBLIC OF IRAQ LOAN GUARANTEES ISSUED UNDER THE FURTHER CONTINUING AND SECURITY ASSISTANCE APPROPRIATIONS ACT OF 2017
In the event of payment by USAID to a Noteholder under this Guarantee, USAID shall be subrogated to the extent of such payment to all of the rights of such Noteholder against the Borrower under the related Note.
Collected 2026-08-27T02:24:49Z. Source file · JSON