§240.10. Payment to USAID of excess amounts received by a Noteholder.
22 C.F.R. § 240.10
If a Noteholder shall, as a result of USAID paying compensation under this Guarantee, receive an excess payment, it shall refund the excess to USAID.
Notes, amendments, and revision history
Authority
Authority: Section 7034(o)(1) of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2016 (Div. K, Pub. L. 114-113).
Source
Source: 81 FR 65281, Sept. 22, 2016, unless otherwise noted.