Payment for default.

CFR · 2024-01-01 · US · Title 7

(a) (b) (1) The guaranteed value as stated in the payment guarantee, plus Eligible interest, less any payments received or funds realized from insurance, security or collateral arrangements prior to claim by the seller or the assignee from or on behalf of the defaulting party or otherwise related to the obligation in default (other than payments between CCC, the seller or the assignee); or (2) The guaranteed percentage (as indicated in the payment guarantee) of (c) (d) (e)

official document · source cfr-2024 · id 7:§ 1493.370