12-U.S.C.-635T
§635T – Definitions
Pathway
Title 12 > Chapter 6A > Subchapter III > Section 635t
Details
- Reference: Section 635t
- Legend: §635T – Definitions
- USCode Year: 2013
Provision Content
For purposes of this subchapter—
(1) the term tied aid credit means credit—
(A) which is provided for development aid purposes;
(B) which is tied to the purchase of exports from the country granting the credit;
(C) which is financed either exclusively from public funds, or, as a mixed credit, partly from public and partly from private funds; and
(D) which has a grant element, as defined by the Development Assistance Committee of the Organization for Economic Cooperation and Development, greater than zero percent;
(2) the term government-mixed credits means the combined use of credits, insurance, and guarantees offered by the Export-Import Bank of the United States with concessional financing or grants offered by the Agency for International Development to finance exports;
(3) the term public-private cofinancing means the combined use of either official development assistance or official export credit with private commercial credit to finance exports;
(4) the term blending of financings means the use of various combinations of official development assistance, official export credit, and private commercial credit, integrated into a single package with a single set of financial terms, to finance exports;
(5) the term parallel financing means the related use of various combinations of separate lines of official development assistance, official export credits, and private commercial credit, not combined into a single package with a single set of financial terms, to finance exports; and
(6) the term Bank means the Export-Import Bank of the United States.
(Pub. L. 98–181, title I [title VI, §647], Nov. 30, 1983, 97 Stat. 1265.)
U.S. Encyclopedia of Law Coverage
12-U.S.C.-635I-5 in the Legal Encyclopedia: Banking Law
In this entry about 12-U.S.C.-635I-5, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.
12-U.S.C.-635I-3 in the Legal Encyclopedia: Imports
In this entry about 12-U.S.C.-635I-3, find legal reference material, bibliographies and premiere content related to imports in the American Encyclopedia of Law, presenting a comprehensive view of the United States imports-specific issues, written by authorities in the field.
12-U.S.C.-635O in the Legal Encyclopedia: Exports
In this entry about 12-U.S.C.-635O, find legal reference material, bibliographies and premiere content related to exports in the American Encyclopedia of Law, presenting a comprehensive view of the United States exports-specific issues, written by authorities in the field.
12-U.S.C.-635I-7 in the Legal Encyclopedia: Export Import Bank of the United States
In this entry about 12-U.S.C.-635I-7, find legal reference material, bibliographies and premiere content related to export import bank of the united states in the American Encyclopedia of Law, presenting a comprehensive view of the United States export import bank of the united states-specific issues, written by authorities in the field.
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