Definition of terms.

CFR · 2024-01-01 · US · Title 7

Terms set forth in this part, on the USDA Web site (including in program announcements and notices to participants), and in any CCC-originated documents pertaining to the FGP will have the following meanings: (1) The transaction meets the U.S. content test in § 1493.290(e); or (2) A coverage waiver of the U.S. content test has been requested by the seller and approved by CCC. (1) The amount calculated using the interest rate agreed by the holder of the payment guarantee and the foreign financial institution; or (2) The amount calculated using the specified percentage of the Treasury bill investment rate set forth on the face of the payment guarantee. (1) Is taking steps toward a market-oriented economy through the food, agriculture, or rural business sectors of the economy of the country; and (2) has the potential to provide a viable and significant market for U.S. agricultural commodities or products. (1) Date of sale; (2) A complete description of all goods associated with the transaction. For goods to be covered by the payment guarantee, include the brand name and model number, country where the good was manufactured and country from which the good will be exported (if applicable), quantity, value, and Incoterms (if applicable); (3) A complete description of all services associated with the transaction. For services to be covered by the payment guarantee, include the supplier and cost; (4) The date of performance of each contractual event; and (5) Evidence of agreement bet

official document · source cfr-2024 · id 7:§ 1493.210