46 C.F.R. § 298.26   Lease payments.


Title 46 - Shipping


Title 46: Shipping
PART 298—OBLIGATION GUARANTEES
Subpart C—Guarantees

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§ 298.26   Lease payments.

You must obtain our approval of the amount and conditions of lease or charter hire payments if the payment of principal and interest on Obligations would be dependent, in any way, upon the lease or charter hire payments for a Vessel or Shipyard Project.

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