Mutual Security Program, Volume 10

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Page 364 - against any loss on the contract, or rehabilitation work, and (B) shall make funds available in such amounts and at such times as may be necessary to meet the payments required by the contract or the rehabilitation work In advance of the time such payments are due, in addition to the estimated amount of
Page 475 - services or Information furnished pursuant to this Agreement. 7. The two Governments will establish procedures whereby the Government of Spain will so deposit, segregate or assure title to all funds allocated to or derived from any program of assistance of the United States so that such funds shall not be subject to garnishment, attachment, seizure or other legal
Page 423 - of the Mutual Security Act of 1951, which specifically requires, inter alia, that the recipient nation agree that it will not undertake "any act of aggression against any other nation." The Government of Iraq has . also undertaken not to transfer title or possession of equipment or materials furnished by the United States without prior consent of the United States.
Page 361 - recipient nation has agreed (1) that the equipment, materials, or services provided will be used solely to maintain its internal security, its legitimate selfdefense, or to permit it to participate in the defense of the area, or in United Nations collective security arrangements and measures, and (2) that it will not undertake any act of aggression against any other nation.
Page 364 - (d) The term 'services' shall include any service, repair, training of personnel, or technical or other assistance or information necessary to effectuate the purposes of this Act, including loans of limited quantities of equipment for designated periods solely for test and study purposes." SEC. 708. The remaining provisions of the Economic Cooperation Act of
Page 323 - States Government for expenditure for materials which are required by the United States as a result of deficiencies or potential deficiencies in its own resources or for other local currency requirements of the United States, [including]
Page 479 - of this Article, shall be disposed of within Spain for such purposes as may hereafter be agreed upon by the Governments of the United States of America and Spain; It being understood that the agreement of the United States of America shall be subject to approval by Act or joint resolution of the Congress of the United
Page 478 - or which relates to the aforesaid assets, currency, credits or other property, or any difference arising under this article, shall be submitted to direct negotiation between the two governments. If, within a reasonable period. they are unable to settle the claim or difference by agreement. It shall be referred for final binding determination to a sole arbitrator selected by
Page 255 - subsection (b) as subsection (c), and by inserting after subsection (a) the following new subsection (b) : "(b) In order to further the purpose of this Act in India and Pakistan, there is hereby authorized to be appropriated to the President for the fiscal year 1954 not to exceed $94,400,000 to be used, on such terms and conditions as
Page 322 - *.earnings or profits from the approved project, as repayment or return of the investment therein, in whole or in part, or as compensation for the sale or disposition of all or any part thereof; and (2) the compensation