§204.21. Event of default; Application for compensation; Payment. — Inbound Citations

22 C.F.R. § 204.21

Statutory Authority

Cited by 2 regulations in release Current.

22 C.F.R. § 204.1(j)

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(j) Application for Compensation means an executed application in the form of Exhibit A hereto which the Lender or any Assignee files with A.I.D. pursuant to § 204.21 of this part.

22 C.F.R. § 204.31

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After an assignment to A.I.D. by the Lender or any Assignee pursuant to § 204.21(b), A.I.D. shall have exclusive power to prosecute all claims related to the outstanding Eligible Notes so assigned. If the Lender or such Assignee continues to have an interest in the outstanding Eligible Notes, the Lender or such Assignee and A.I.D. shall consult with each other with respect to their respective interests in such Eligible Notes and the manner of and responsibility for prosecuting claims.