Page:United States Statutes at Large Volume 62 Part 3.djvu/822

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INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. the Povernment of the Republic of Korea agrees to pay to the Government of the United States of America in the man- ner provided in the terms of this Article, the fair value of said property, not to exceed the equivalent of $25,000,000 as shown on the records of said Foreign Liquidation Commissioner, covering the transfer of such property to the United States Army Military Government in Korea. Interest shall accrue at the rate of 2-3/8 per centum per annum from July 1, 1948, on the unpaid balance of the total fair value of said property, and shall be due and payable in Korean currency on July 1, of each year, the first payment to be sade on July 1, 1949. b. At such times and in such aiounts as shall be specified by the Government of the United States of America, the Government of the Republic of Korea shall pay in Korean currency all or part of the balance then due under the indebtedness set forth in this Article, including interest due and unsaid, if any, less any credits made for property as provided in para- gralph of this Article, and the Government of the United States of America shall credit the balance due under such indebtedness with the dAjO'>), ' diXt-^ 3n^ A- A- 0' 4 - -r fs- 6a. yf -. )4. )a o A-a i+ 5- n;. it xj-)

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