Common use of SBA Approval Clause in Contracts

SBA Approval. Each Purchaser which is a SBIC Holder ------------- shall have received all approvals from the SBA necessary to purchase the Securities.

Appears in 2 contracts

Sources: Exchangeable Note and Warrant Purchase Agreement (Vsource Inc), Convertible Note Purchase Agreement (Vsource Inc)

SBA Approval. Each Purchaser which is a SBIC Holder ------------- shall have received all approvals from the SBA necessary to purchase the Securities.

Appears in 1 contract

Sources: Convertible Note Purchase Agreement (Mercantile Equity Partners Iii L P)