(3) oversee, as acceptable, the construction of rural h2o supply initiatives in Reclamation States that happen to be recommended by the Secretary inside of a feasibility report made pursuant to part 2405 of the title and subsequently approved by Congress.
On notification, the Legal professional General shall consider these kinds of motion as is appropriate to Get better the unpaid principal and curiosity owing from—
An obligation shall bear curiosity at a rate that does not exceed a level which the Secretary decides to become ideal, taking into account the prevailing amount of curiosity inside the personal sector for equivalent loans and dangers.
Any prepayment or refinancing phrases with a loan ensure shall be negotiated between the non-Federal borrower plus the lender Using the consent with the Secretary.
Should the Secretary helps make a payment less than subsection (a), the Secretary shall be subrogated to the rights of the receiver of the payment as laid out in the loan promise or linked agreements, which includes, as correct, the authority (notwithstanding some other provision of legislation) to—
The time period "System" means The agricultural h2o source plan performed beneath section 2402 of this title.
店の経営哲学として、特別なものを使わず技術やロジックでほかにないものを生み出すことを掲げ、“どこにでもあるもので、どこにもないもの”を提供している。多くの人が交差する品川で「おいしいピッツァで癒やされ笑顔になってほしい」と、オーナーの意気込みも十分だ。
(III) an assessment on the economic ability of each non-Federal entity taking part in The agricultural drinking water source venture to pay the allocated annual operation, servicing, and substitute costs for the rural water supply venture;
Loan ensures because of the Secretary shall not exceed an quantity equivalent to 90 % of the expense of the task that's the matter on the loan warranty, as approximated at the time at which the loan promise is issued.
Very little In this particular subsection precludes any forbearance with the holder in the obligation for the benefit of the non-Federal borrower Which may be agreed on via the functions to the obligation and authorised via the Secretary.
Loan guarantees under this portion for just a venture shall be on this sort of conditions and terms and comprise this kind of covenants, representations, warranties, and needs given that the Secretary determines for being acceptable to guard the economic interests of the United States.
(B) it truly more info is in the general public desire to permit the non-Federal borrower to carry on to pursue the purposes from the project; and
The Secretary as well as the Secretary of Agriculture shall enter into a memorandum of agreement giving for Office of Agriculture monetary appraisal capabilities and loan promise administration for things to do completed under this subchapter.
Loan guarantees via the Secretary shall not exceed an sum equivalent to ninety percent of the expense of the job that is the issue from the loan promise, as believed at enough time at which the loan promise is issued.