Application period means a period during which RUS is accepting applications to make prepayments pursuant to this subpart, and initially means:
(1) In the case of telephone borrowers, the period commencing on February 12, 1990 and ending on March 12, 1990;
(2) In the case of financially distressed borrowers, the period commencing October 1, 1990 and ending on July 30, 1993; or
(3) In the case of other borrowers, the period to be announced by RUS.
7 CFR § 1786.27
Definitions. For the purposes of this subpart, the following terms shall have the following meanings: