; (ii) 60 percent of the next $1,000,000 of the total amount of the qualified write-offs; and (iii) 30 percent of the next $1,000,000 of the total amount of the qualified write-offs. (B) Ineligibility of borrower who interrupts service during emergency Subparagraph (A) shall not apply with respect to the borrower if, during the covered emergency, the borrower suspends or interrupts utility service to any customer or subscriber of the borrower for non-payment of an amount owed to the borrower. (c) Definitions In this section: (1) Eligible borrower The term eligible borrower means an entity that— (A) provides electric, telecommunications, clean water, waste water, or waste disposal services; and (B) is eligible for assistance under— (i) section 4, 201, or 601 of the Rural Electrification Act of 1936; or (ii) section 306(a) of the Consolidated Farm and Rural Development Act. (2) Qualified loss (A) In general Subject to subparagraph (B), the term qualified loss means, with respect to a borrower and a covered emergency— (i) an amount owed to the borrower for services provided during the emergency, which are more than 15 days past due; and (ii) an amount not received by the borrower because of reduced demand for services sold by the borrower on a per-unit basis, to the extent that the reduction is attributable to the emergency. (B) Reduction The total amount determined under subparagraph (A) shall be reduced by the fair market value of any assistance received by the borrower from any source while the line of credit is open, for the purpose of offsetting the loss of routine operating revenue or covering the cost of routine operating expenses, during the covered emergency, excluding any assistance provided to repair, recover, or rebuild from damage due to the emergency. (3) Covered emergency The term covered emergency means— (A) a major disaster or emergency, as determined by the President under the Robert T. Stafford Disaster Relief and Emergency Assistance Act