Common use of Conditions for terminating special author Clause in Contracts

Conditions for terminating special author. ity If the Fund determines that the inclusion in a participation agreement of the provisions authorized by this subsection is resulting in the enrollment of loans under the Program that are likely to have been made without as- sistance provided under this subchapter, the Fund may notify the participating State that henceforth, the Fund will only make xxxx- bursements to the State under section 4747 of this title with respect to a loan if the partici- pation agreement between the participating State and each participating financial institu- tion has been amended to conform with this section, without exercise of the special au- thority granted by this subsection. (Pub. L. 103–325, title II, § 255, Sept. 23, 1994, 108 Stat. 2207.)

Appears in 4 contracts

Samples: www.govinfo.gov, www.govinfo.gov, statecodesfiles.justia.com

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