7 U.S.C. § 1738r : US Code - Section 1738R: "Qualified debt" defined

Search 7 U.S.C. § 1738r : US Code - Section 1738R: "Qualified debt" defined

As used in sections 1738o, 1738p, and 1738q of this title, the
term "qualified debt" means any obligation, or portion of such
obligation, of an eligible country to pay for purchases of United
States agricultural commodities guaranteed by the Commodity Credit
Corporation under export credit guarantee programs authorized
pursuant to section 714c(f) of title 15 or section 1707a(b) (!1) of
this title - 
(1) in which the Commodity Credit Corporation obtained a legal
right or interest, as a result of assignment or subrogation, not
later than September 1, 1992; and
(2) the payment of which obligation has been, not later than
September 1, 1992, rescheduled in accordance with principles set
forth in an Agreed Minute of the Paris Club.
Such term includes the obligation to pay any interest which was due
or accrued not later than September 1, 1992, and unpaid as of the
date of a debt sale pursuant to section 1738o of this title or a
debt sale, reduction, or cancellation pursuant to section 1738p of
this title (as the case may be).