Examples of FMS loan in a sentence
Whenever the Borrower desires a disbursement of FMS loan funds, its authorized representative(s), as designated pursuant to provisions of the Loan Agreement, shall forward the written request, prepared in accordance with Annex II of the Agreement, to the Defense Finance and Accounting Service-IN, Security Assistance Accounting/JAX, 8899East 56th Street, Indianapolis, IN 46249-6300 not less than 15 business days before the desired disbursement date.
Whenever the Borrower desires a disbursement of FMS loan funds, its authorized representative(s), as designated pursuant to provisions of the Loan Agreement, shall forward the written request, prepared in accordance with Annex II of the Agreement, to: Defense Finance and Accounting Service-IN Security Assistance Accounting/JAX 8899 East 56th Street, Indianapolis, IN 46249-6300 not less than 15 business days before the desired disbursement date.
Military per- sonnel are involved in such activities as MAP, FMS, loan, lease, co- production, mobile training teams, and similar activities.
When the Borrower wishes to use FMS loan funds to pay amounts due under an FMS case which has already been established as a “cash” or “dependable undertaking” case, the Borrower must ask the pertinent Military Department to convert all or part of that case from cash to loan funding.
For each case it approves for financing from the FMS loan, the DSCA (Business Operations Directorate) will reserve funds from the uncommitted loan balance in an amount equal to the entire estimated cost of the FMS case, or, as the situation may be, that part of the FMS case requested for loan funding.
The DSCA (Business Operations Directorate) will also provide letters to the commercial firm informing it of conditions of loan financing and certifications required as prerequisites to the DSCA approving FMS loan financing for the purchase agreement, and indicating the DSCA approval of financing of the purchase agreement.