7 U.S.C. § 936d : US Code - Section 936D: Eligibility of distribution borrowers for loans, loan guarantees, and lien accommodations

Search 7 U.S.C. § 936d : US Code - Section 936D: Eligibility of distribution borrowers for loans, loan guarantees, and lien accommodations

For the purpose of determining the eligibility of a distribution
borrower not in default on the repayment of a loan made or
guaranteed under this chapter for a loan, loan guarantee, or lien
accommodation under this subchapter, a default by a borrower from
which the distribution borrower purchases wholesale power shall not
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(1) be considered a default by the distribution borrower;
(2) reduce the eligibility of the distribution borrower for
assistance under this chapter; or
(3) be the cause, directly or indirectly, of imposing any
requirement or restriction on the borrower as a condition of the
assistance, except such requirements or restrictions as are
necessary to implement a debt restructuring agreed on by the
power supply borrower and the Government.