loan guarantee commitment
Defined in 1 dictionary — U.S. Code
United States Code
2 U.S.C. § 661A — for purposes of this subchapter
The term “loan guarantee commitment” means a binding agreement by a Federal agency to make a loan guarantee when specified conditions are fulfilled by the borrower, the lender, or any other party to the guarantee agreement.
45 U.S.C. § 821 — for purposes of this subchapter
The term “loan guarantee commitment” means a binding agreement by the Secretary to make a loan guarantee when specified conditions are fulfilled by the borrower, the lender, or any other party to the guarantee agreement.