Guaranteed Amount Debt Derivative Law and Legal Definition
Guaranteed amount debt derivative means “any note, bond or other debt instrument or obligation which is collateralized or otherwise secured by a pledge of, or security interest in, the Private Loan Note or any Private Loan Portion Note or any Derivative, as the case may be, which has an exclusive or preferred claim to the Guaranteed Loan Amount or the respective Guaranteed Loan Portion Amount or the respective Guaranteed-Amount Equivalent, as the case may be.” [31 CFR 25.100; Title 31-Money And Finance: Treasury; Subtitle A-Office Of The Secretary Of The Treasury; Part 25-Prepayment Of Foreign Military Sales Loans Made By The Defense Security Assistance Agency And Foreign Military Sales Loans Made By The Federal Financing Bank And Guaranteed By The Defense Security Assistance Agency; Subpart A-General]
