22 CFR § 236.7 - Fiscal Agent obligations.

---
identifier: "/us/cfr/t22/s236.7"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "22 CFR § 236.7 - Fiscal Agent obligations."
title_number: 22
title_name: "Foreign Relations"
section_number: "236.7"
section_name: "Fiscal Agent obligations."
chapter_name: "AGENCY FOR INTERNATIONAL DEVELOPMENT"
part_number: "236"
part_name: "REPUBLIC OF TUNISIA LOAN GUARANTEES ISSUED UNDER THE FURTHER CONTINUING APPROPRIATIONS ACT, 2014, DIV. F, PUBLIC LAW 113-6—STANDARD TERMS AND CONDITIONS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 1706(j), Div. F, Public Law 113-6."
regulatory_source: "79 FR 41883, July 18, 2014, unless otherwise noted."
cfr_part: "236"
---


# 236.7 Fiscal Agent obligations.

Failure of the Fiscal Agent to perform any of its obligations pursuant to the Fiscal Agency Agreement shall not impair any Noteholder's rights under the Guarantee, but may be the subject of action for damages against the Fiscal Agent by USAID as a result of such failure or neglect. A Noteholder may appoint the Fiscal Agent to make demand for payment on its behalf under the Guarantee.