Common use of Determination of Loss and Payment Clause in Contracts

Determination of Loss and Payment. In all liquidation cases, final settlement will be made with the Lender after the collateral is liquidated. FmHA or its successor agency under Public Law 103–354 will have the right to recover losses paid under the guarantee from any party liable.

Appears in 5 contracts

Samples: www.govinfo.gov, www.govinfo.gov, www.govinfo.gov

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