Small Business Administration. Agent and Lender have received a license from the U.S. Small Business Administration (“SBA”) to extend loans as a small business investment company (“SBIC”) pursuant to the Small Business Investment Act of 1958, as amended, and the associated regulations (collectively, the “SBIC Act”). Portions of the loan to Borrower will be made under the SBA license and the SBIC Act. Addendum 1 to this Agreement outlines various responsibilities of Agent, Lender and Borrower associated with an SBA loan, and such Addendum 1 is hereby incorporated in this Agreement.
Small Business Administration. (a) On an ongoing basis on and after the Closing Date, for so long as Walnut beneficially owns shares of New Class B Preferred or Common Stock in the Company, the Company will use reasonable efforts to complete any forms and provide any non-confidential information that may be reasonably required by the Small Business Administration (“SBA”) in connection with the transactions contemplated by this Agreement.
Small Business Administration. This acknowledgement of support must appear verbatim and may not be altered or replaced with substitute language. However, on materials with severe space constraints such as signs and banners, an SBDC may substitute “SBA” for “U.S. Small Business Administration” in the acknowledgement of support. The acknowledgement of support must be presented in a legible typeface, font size and - where applicable - color contrast. On materials for which an SBDC does not elect to use the SBA logo, it must at a minimum feature the acknowledgement of support listed above. The SBA logo and/or acknowledgement of support may not be used in connection with SBDC activities that are outside the scope of the Cooperative Agreement. In particular, UNDER NO CIRCUMSTANCES may the SBA logo or acknowledgement of support appear on items used in conjunction with fundraising; lobbying; or the express or implied endorsement of any good, service, entity or individual. Furthermore, where an SBDC produces materials which feature editorial content, it must use the following alternate acknowledgement of support (either independently or in conjunction with the SBA logo): Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.
Small Business Administration. Each Lender that is a Small Business Investment Company shall have received the following documents executed by the applicable Borrower in accordance with the requirements of the Small Business Administration: (i) the U.S. Small Business Administration Assurance of Compliance for Nondiscrimination and (ii) the U.S. Small Business Administration Size Status Declaration.
Small Business Administration. The borrower of each PPP Loan is in compliance with all document retention requirements applicable to such PPP Loan. (h) Neither the Company nor any of its Subsidiaries has received any formal written complaints (i) from employees regarding leaves of absence, paid sick time, or similar matters related to COVID-19, (ii) regarding the Company’s or any of its Subsidiaries’ reporting, or failure to report, to employees, contractors, customers, vendors or the public, the presence of employees or contractors who have tested positive for, or exhibited symptoms of, COVID-19, or other potential means of exposure to COVID-19 or (iii) from any employee, customer, or vendor alleging the Company or any of its Subsidiaries failed in any material respect to provide a safe working environment, appropriate equipment or accommodation in relation to COVID-19. Section 4.14
Small Business Administration. Loan On or prior to the Closing Date, the. Company and the Stockholder shall have paid in full the Small Business Administration Loan (the "SBA Loan") currently owed by the Stockholder. The Buyer may, in its sole discretion, agree to pay the SBA Loan, provided it receives proper wiring instructions prior to the Closing Date. If the Buyer pays the SBA Loan pursuant to this subsection, the parties agree that the Initial Purchase Price due the Company at the Closing Date shall be reduced by an amount equal to the final payoff amount of the SBA Loan paid by the Buyer.
Small Business Administration. 8(a) PROGRAM This contract has been awarded in accordance with the program established in Section 8(a) of the Small Business Act (15 U.S.C. 637(a)) and the Partnership Agreement (PA) between the U.S. Small Business Administration (SBA) and the U.S. Department of Health and Human Services (HHS) effective October 23, 2012 until amended. The following clauses are hereby incorporated and made a part of this contract. All clauses incorporated by reference have the same force and effect as if they were given full text. Upon request, the Contracting Officer will make their full text available. (End of article) 642 ****(USE BELOW IN ALL COMPETITIVE 8(a) SOLICITATIONS AND CONTRACTS. NOTE: The clauses below are those prescribed by the "Direct 8(a) Contracting Model Coverage" developed by the CAAC under CAAC Letter 98-3 to implement and supplement the Partnership Agreement between SBA and DHHS effective October 23, 2012 until amended.)**** FAR Clause 52.219-18, Notification of Competition Limited to Eligible 8(a) Concerns (Mar 2020) with Alternate for Acquisitions Under FAR 19.800 (Deviation) (HHS/SBA PA - October 23, 2012 until amended)
Small Business Administration. The Company shall have ----------------------------- furnished to each Purchaser that is an SBIC all forms which such Purchaser shall have informed the Company are required by the Small Business Administration in connection with the transactions contemplated hereby, including without limitation, a Size Status Declaration on SBA Form 480, an Assurance of Compliance on SBA Form 652, a Portfolio Financing Report on Form 1031 and an SBA Sideletter, which forms shall be in proper form for filing with the Small Business Administration.
Small Business Administration. For so long as the SBA Lender has any Term Loan Exposure, each Credit Party shall, and shall cause each of its Subsidiaries to, within 30 days of receipt of request from the SBA Lender, deliver to the SBA Lender any information requested by the SBA and will provide to each SBIC Lender (upon reasonable notice and during normal business hours) and the U.S. Small Business Administration access to such Credit Party’s books and records for the purpose of confirming that such Credit Party is in regulatory compliance with the SBIC Act and related regulations. For a period of one year following the date hereof, no Credit Party will change its business activity if such change would cause it to have more than 49% of its tangible assets or employees located outside of the United States. Each Credit Party will at all times comply with the non-discrimination requirements of Parts 112, 113 and 117 of Title 13 of the United States Code of Federal Regulations. Upon the request of a SBA Lender, the Credit Parties promptly (and in any event within twenty (20) days of such request) will provide to such SBA Lender an assessment, in form and substance satisfactory to such SBA Lender, of the economic impact of the portion of the Term Loans provided by such SBA Lender, specifying the full-time equivalent jobs created or retained, the impact of the portion of the Term Loans provided by such SBA Lender on such Credit Party’s business, in terms of expanded revenue and profits, and on taxes paid by the business and its employees.