SBIC Provisions Sample Clauses
SBIC Provisions are contractual terms designed to ensure compliance with the requirements of the Small Business Investment Company (SBIC) program, which is regulated by the U.S. Small Business Administration. These provisions typically address matters such as eligibility of portfolio companies, restrictions on certain investments, and reporting obligations to maintain the fund’s SBIC status. By including SBIC Provisions, the agreement ensures that the fund and its investors adhere to federal regulations, thereby preserving the fund’s access to government-backed leverage and other SBIC program benefits.
SBIC Provisions. The Borrower acknowledges that the Lender is a small business investment company licensed by the United States Small Business Administration, and makes the following representations, warranties and covenants to Lender:
SBIC Provisions. The Company acknowledges that RRGC is a small business investment company licensed by the United States Small Business Administration, and makes the following representations, warranties and covenants to RRGC: