Common use of Prosecution of Claims Clause in Contracts

Prosecution of Claims. After payment by USAID to an Ap- plicant hereunder, USAID shall have exclusive power to prosecute all claims related to rights to receive payments under the Eligible Notes to which it is thereby subrogated. If a Noteholder continues to have an interest in the outstanding Eligible Notes, such a Noteholder and USAID shall consult with each other with respect to their respective interests in such Eligible Notes and the manner of and responsi- bility for prosecuting claims.

Appears in 8 contracts

Samples: Guarantee Agreement, Guarantee Agreement, Guarantee Agreement

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Prosecution of Claims. After payment by USAID to an Ap- plicant Applicant hereunder, USAID shall have exclusive power to prosecute all claims related to rights to receive payments under the Eligible Notes to which it is thereby subrogated. If a Noteholder continues to have an interest in the outstanding Eligible Notes, such a Noteholder and USAID shall consult with each other with respect to their respective interests in such Eligible Notes and the manner of and responsi- bility for prosecuting claims.consult

Appears in 2 contracts

Samples: Letter Agreement, Letter Agreement

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Prosecution of Claims. After payment by USAID to an Ap- plicant Applicant hereunder, USAID shall have exclusive power to prosecute all claims related to rights to receive payments under the Eligible Notes to which it is thereby subrogated. If a Noteholder continues to have an interest in the outstanding Eligible Notes, such a Noteholder and USAID shall consult with each other with respect to their respective interests in such Eligible Notes and the manner of and responsi- bility responsibility for prosecuting claims.

Appears in 1 contract

Samples: Fiscal Agency Agreement

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