(vi) The plan must offer for these additional necessities for support specifications as may very well be necessary by the Secretary.
(A) with respect to things for which the regulatory authority with jurisdiction around the provision of these kinds of services has accepted the depreciation costs used by the borrower, these kinds of permitted prices; and
The choice presented below paragraph (one) shall not be available in the situation of any bank loan or bank loan progress, or portion thereof, Except a penned ask for to training these types of choice is shipped to your Secretary not later than one 12 months following the effective day of rules issued to execute The agricultural Electrification Loan Restructuring Act of 1993.
substituted provisions setting out the liabilities of the Rural Electrification and Telephone Revolving Fund and also the allowable functions for which fund belongings shall be offered, for provisions, which the monies in The agricultural phone account need to remain on deposit within the Treasury of America until finally disbursed.
relates to the issuance of polices to carry out amendments created by the Act and is set out for a Notice less than section 901 of this title. For entire classification of this Act for the Code, see Small Title of 1993 Amendment Notice set out underneath section 901 of this title and Tables.
(II) the payment amounts that could be needed throughout the interval to the quantities remaining refinanced or prepaid If your interest charge within the financial loan have been equal on the then present-day expense of funds on the Section with the Treasury for obligations of equivalent maturity towards the mortgage getting refinanced or prepaid.
§922. Loans for phone support Segment Text From this sort of sums as are on occasion created obtainable through the Congress towards the Secretary for these types of reason, pursuant to segment 903 of the title, the Secretary is authorized and empowered to make loans to folks now delivering or who may hereafter supply phone provider in rural locations, to community bodies now providing phone support in rural areas and also to cooperative, nonprofit, limited dividend, or mutual associations.
, That for your duration of one 12 months from and immediately after Oct 28, 1949, apps for loans acquired with the Secretary from people who on October 28, 1949, are engaged while in the operation of present phone company in rural spots shall be thought of and acted on ahead of action is taken on any application received from every other individual for any bank loan to finance the furnishing or enhancement of telephone support to substantially the same subscribers." in next sentence and "Which no duplication" for ", nor shall such mortgage be manufactured in almost any State which now has or may hereafter Have got a State regulatory entire body getting authority to regulate phone services also to have to have certificates of ease and requirement for the applicant Unless of course this kind of certification from such agency is initial acquired.
The Secretary shall make insured phone loans, for the extent of qualifying programs to the loans, at an interest level of 5 percent per year, to any applicant who satisfies Each and every of the following requirements:
(B) In the situation of deferments produced to help the borrower to provide Neighborhood progress guidance, specialized guidance to firms, and website for other community, small business, or economic growth tasks not incorporated beneath subparagraph (A), the deferment shall be repaid in equivalent installments, with no accrual of fascination, above the 120-thirty day period time period commencing over the date of the deferment, and the full amount of these kinds of payments shall be equivalent to the level of the payment deferred.
(A) that describes a task meant to minimize the expense of broadband deployment, and significantly increase broadband velocity not to a lot less than the utmost 1 broadband buildout prerequisites established under portion 950bb(e)(four) of this title, in the rural place being served with the undertaking; and
"(A) think about if the receiver is or can be serving a place that is unserved or has assistance degrees underneath the minimal appropriate degree of broadband company proven under subsection (e); and
(B) if no broadband support supplier submits facts underneath paragraph (one), contemplate the quantity of companies while in the proposed assistance place being founded by using any other data concerning The provision of broadband company which the Secretary may well acquire or get hold of by affordable initiatives.
(iii) The plan ought to motivate and make improvements to Computer system networks and information highways for subscribers in rural spots.