Events of default and the Agency's remedies for RBIC's noncompliance with terms of Debentures.

CFR · 2024-01-01 · US · Title 7

(a) (b) (1) (2) (3) (c) (1) Without notice, presentation or demand, the entire indebtedness evidenced by your Debentures, including accrued interest, and any other amounts owed with respect to your Debentures, is immediately due and payable; and (2) You automatically consent to the appointment of the Agency or its designee, as your receiver under section 384M of the Act. (d) (1) (2) (3) (4) (5) (6) (7) (8) (9) (e) (1) The Agency may declare the entire indebtedness evidenced by your Debentures, including accrued interest and/or any other amounts owed the Agency with respect to your Debentures, immediately due and payable: and (2) The Agency may avail itself of any remedy available under the Act, specifically including institution of proceedings for its, or its designee's appointment as your receiver under section 384M(c) of the Act. (f) (1) (2) (i) Distributions permitted under § 4290.585; and (ii) Payments from Retained Earnings Available for Distribution based on either the shareholders' or members' pro-rata interests or the provisions for profit distributions in your partnership agreement, as appropriate. (3) (4) (5) (6) (7) (8) (9) (g) (i) The Agency may declare the entire indebtedness evidenced by your Debentures, including accrued interest, and/or any other amounts owed the Agency with respect to your Debentures, immediately due and payable; and (ii) The Agency may avail itself of any remedy available under the Act, specifically including institution of proceedings for t

official document · source cfr-2024 · id 7:§ 4290.1810