46 CFR § 298.26 - Lease payments.

---
identifier: "/us/cfr/t46/s298.26"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "46 CFR § 298.26 - Lease payments."
title_number: 46
title_name: "Shipping"
section_number: "298.26"
section_name: "Lease payments."
chapter_name: "MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "D"
subchapter_name: "VESSEL FINANCING ASSISTANCE"
part_number: "298"
part_name: "OBLIGATION GUARANTEES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "46 U.S.C. chapter 537; 49 CFR 1.93."
regulatory_source: "65 FR 45152, July 20, 2000, unless otherwise noted."
cfr_part: "298"
---


# 298.26 Lease payments.

You must obtain our approval of the amount and conditions of lease or charter hire payments if the payment of principal and interest on Obligations would be dependent, in any way, upon the lease or charter hire payments for a Vessel or Shipyard Project.