Common use of Statutory Construction Clause in Contracts

Statutory Construction. Notwithstand- ing any other provision of law, the eligibility of an eligible debt financing instrument for ▇▇▇▇- bursement under subsection (b) shall not— (1) constitute a commitment, guarantee, or obligation on the part of the United States to provide for payment of principal or interest on the eligible debt financing instrument; or (2) create any right of a third party against the United States for payment under the eligi- ble debt financing instrument. (Pub. L. 85–767, Aug. 27, 1958, 72 Stat. 900; Pub. L. 95–599, title I, § 115(b), Nov. 6, 1978, 92 Stat. 2698;