§ 1000.412 - Can an issuer obtain a guarantee for more than one note or other obligation at a time?

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Yes. To obtain multiple guarantees, the issuer shall demonstrate that:

The issuer will not exceed a total for all notes or other obligations in an amount equal to five times its grant amount, excluding any amount no longer owed on existing notes or other obligations; and

Issuance of additional notes or other obligations is within the financial capacity of the issuer.