SBIC Act Clause Samples
The SBIC Act clause defines the requirements and obligations related to the Small Business Investment Company Act of 1958 as they pertain to the agreement. It typically ensures that parties comply with all relevant provisions of the SBIC Act, such as eligibility criteria for investments, reporting requirements, and restrictions on certain activities. This clause is essential for maintaining regulatory compliance and protecting the parties from potential legal or financial penalties associated with violations of the SBIC Act.
SBIC Act. The provisions of this Agreement must be interpreted to the fullest extent possible in a manner consistent with the SBIC Act. If any provision of this Agreement conflicts with any provision of the SBIC Act (including, without limitation, any conflict with respect to the rights of SBA or the respective Partners under this Agreement), the provisions of the SBIC Act will control.