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22 CFR §221.24

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
In the event of payment by A.I.D. to a Noteholder under this Guarantee, A.I.D. shall be subrogated to the extent of such payment to all of the rights of such Noteholder against the Borrower under the related Note.