`(f) Clarification- Any provision of capital to, purchase of equity in, or assistance provided to any institution under this title shall be considered to be a purchase of troubled assets for purposes of this title.
`(g) Qualified Property--
`(1) GUARANTEE- Upon the
request of a lessee of qualified property in leases
where the lessee economically defeased its rent and
purchase option payments, the Secretary may serve as a
guarantor with respect to all payment obligations of
such lessee with respect to any defeased lease
transaction that is in technical default because of a
downgrade of a financial guarantor. Such guarantee shall
be on such terms and conditions as are determined by the
Secretary.
-
`(2) DEFINITIONS- For
purposes of this subsection, the following definitions
shall apply:
-
`(A) QUALIFIED
PROPERTY- The term `qualified property' means
domestic property subject to a lease entered into
prior to November 1, 2007, in which a State or local
government authority (as defined in section 5302(a)
of title 49, United States Code) is the lessee.
-
`(B) GUARANTOR- The
term `guarantor' includes any guarantor, surety, and
payment undertaker.'.
