46 CFR 298.26 - Lease payments.

Code of Federal Regulations - Title 46: Shipping

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Title 46: Shipping

CHAPTER II: MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION

SUBCHAPTER D: VESSEL FINANCING ASSISTANCE

PART 298: OBLIGATION GUARANTEES

Subpart C: Guarantees

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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