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Rural Telephone Bank and Telephone Program Loan Policies, Procedures, and Requirements; and Telecommunications System Construction Policies and Procedures
Federal Register · Uncategorized Document · Apr 13, 1994
Section 1610.11 Prepayments Comment Summary: One commenter suggested that paragraph (b) be changed to conform with the language of the RE Act. … However, during the forecast period (i.e., construction period) when interest expenses are higher and associated revenues are not yet realized the borrower can maintain a TIER of 1.0.
Agriculture DepartmentRural Telephone Bank

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