Common use of Debt Settlement Clause in Contracts

Debt Settlement. Debt settlement actions for Economic Opportunity Co- operative loans must be handled under the Federal Claims Collection Act; pro- posals will be submitted to the Na- tional Office for review and approval. A water and/or waste disposal system serving an area which was formerly a rural area as defined in § 1942.17(b)(2)(iii) and (iv) of subpart A of part 1942 of this chapter, but which has become in its entirety part of an urban area, will be serviced in accord- ance with this section.

Appears in 6 contracts

Samples: Operating Agreement, Cooperative Membership Agreement, Cooperative Membership Agreement

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