§53714. Guarantee fees — Inbound Citations
46 U.S.C. § 53714
Cited by 3 provisions in release 119-102.
Citations to 46 U.S.C. § 53714 as a whole
-
(B) all amounts that the Secretary or Administrator reasonably estimates the obligor will become obligated to pay from time to time thereafter, for the construction, reconstruction, or reconditioning of the vessel, including guarantee fees that will become payable under section 53714 of this title in connection with all obligations issued for construction, reconstruction, or reconditioning of the vessel or equipment to be delivered, and all obligations issued for the delivered vessel or equipment.
-
(e) The Secretary or Administrator may establish a fee for the guarantee of an obligation under this section that is in addition to the fee established under section 53714 of this title. The fee may be—(1) an annual fee of not more than an additional 1 percent added to the fee established under section 53714 of this title; or(2) a fee based on the amount of the obligation versus the percentage of the obligor’s fleet being replaced by vessels constructed or reconstructed under this section.
-
(1) an annual fee of not more than an additional 1 percent added to the fee established under section 53714 of this title; or