loan guarantee commitment
Defined in 3 places across 3 titles of the United States Code.
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.
Same definition in 2 sections
- 1998–present45 U.S.C. § 821Railroads · Definitions · for purposes of this subchapter
- 2026–present49 U.S.C. § 22401Transportation · Definitions · in this chapter
Loan guarantee commitment.—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.
Source
- 2021–202649 U.S.C. § 22401Transportation · Definitions · in this chapter
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.
Source
- 1994–present2 U.S.C. § 661AThe Congress · Definitions · for purposes of this subchapter