Specific Risk Investment Guaranty Handbook: U.S. Government Guaranties Available for New American Private Investments in Friendly Less-developed Countries Under the Specific Risk Investment Guaranty Program

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Department of State, Agency for International Development, 1965 - Broj stranica: 51
 

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Stranica 39 - USC 1509(b)(3)) (exclusive of fees for informational media guaranties heretofore or hereafter issued pursuant to section 1011 of the United States Information and Educational Exchange Act of 1948, as amended...
Stranica 40 - ... as long as such fees are available, and thereafter shall be paid out of funds realized from the sale of notes which...
Stranica 41 - States citizens; and (3) foreign corporations, partnerships, or other associations wholly owned by one or more such United States citizens, corporations, partnerships, or other...
Stranica 40 - Statutes, as amended, as an obligation only to the extent of the probable ultimate net cost...
Stranica 41 - ... includes, but is not limited to, any abrogation, repudiation, or impairment by a foreign government, of its own contract with an investor with respect to a project, where such abrogation repudiation, or impairment is not caused by the investor's own fault or misconduct, and materially adversely affects the continued operation of the project ; (c) the term "eligible investor...
Stranica 41 - That the eligibility of such foreign corporation shall be determined without regard to any shares, in aggregate less than 5 per centum of the total of issued and subscribed share capital, required by law to be held by other than the United States owners: Provided further, That in the case of any loan investment a final determination of eligibility may be made at the time the insurance or guaranty is issued; in all other...
Stranica 40 - Act of 1954, as amended, and section lll(b) (3) of the Economic Cooperation Act of 1948, as amended (exclusive of informational media guaranties), and shall be available for expenditure in discharge of liabilities under guaranties made pursuant to such sections, until such time as all such property has been disposed of and all such...
Stranica 41 - ... subsection and to render an advisory report to the President within ninety days after such request. Unless authorized by the President, the Commission shall not publish its advisory report except to the citizen or entity owning such property. There is hereby authorized to be appropriated such amount, to remain available until expended, as may be necessary from time to time to enable the Commission to carry out expeditiously its functions under this subsection.
Stranica 41 - July 1, 1956, all guaranties issued under sections 202(b) and 413(b)(4) of the Mutual Security Act of 1954, as amended, and all guaranties heretofore or hereafter issued pursuant to this title shall be considered contingent obligations backed by the full faith and credit of the Government of the United States of America. Funds heretofore obligated under the aforementioned guaranties (exclusive of informational media guaranties...
Stranica 38 - States dollars of other currencies, or credits in such currencies, received by such person as earnings or profits from the approved project, as repayment or return of the investment therein, in whole or in part, or as compensation for the sale or disposition of all or any part thereof...

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