Electric Program.

CFR · 2024-01-01 · US · Title 7

(a) (1) All discretionary hardship loans. (2) All loans, loan guarantees, and lien accommodations and subordinations of liens to finance operating costs. (3) All loans, loan guarantees, and lien accommodations and subordinations of liens of more than $20,000,000 for distribution borrowers or more than $50,000,000 for power supply borrowers. (4) All loans, loan guarantees, and lien accommodations and subordinations of liens for distribution borrowers that are members of a power supply borrower that is in default of its obligations to the Government or that is currently assigned to the Financial Services Staff, unless otherwise determined by the Administrator. (5) All loans, loan guarantees, and lien accommodations and subordinations of liens that require an Environmental Impact Statement. (6) Certifications and findings required by the RE Act or other applicable laws and regulations, the placing and releasing of conditions precedent to the advance of funds, and all security instruments, loan contracts, and all other necessary documents relating to the authorities reserved in this section. (7) Execution of all loan contracts, security instruments, and all other documents in connection with loans, loan guarantees, and lien accommodations approved by the Administrator. (b) (1) Loans, loan guarantees, and lien accommodations and subordinations of liens for distribution borrowers in amounts not exceeding $20,000,000. (2) Loans, loan guarantees, and lien accommodations and subordina

official document · source cfr-2024 · id 7:§ 1700.54