PPP Permitted Uses definition

PPP Permitted Uses means uses of the PPP Debt that are permitted by 15 U.S.C. 636(a)(36)(F)(i) (as added to the Small Business Act by Section 1102 of the CARES Act).
PPP Permitted Uses means (i) the allowable uses set forth in Section 7(a)(36)(F) of the Small Business Act (15 U.S.C. 636(a)), as amended by as amended by the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), and (ii) uses permitted under Section 1106 of the CARES Act in the manner required under the CARES Act to obtain forgiveness of the largest possible amount of the PPP Loan. Preferred Nationwide Reinsurance means Preferred Nationwide Reinsurance Company, Ltd., a Turks and Caicos corporation.
PPP Permitted Uses means uses of the PPP Debt that are permitted by 15 U.S.C. 636(a)(36)(F)(i) (as added to the Small Business Act by S ection 1102 of the CARES Act).

Examples of PPP Permitted Uses in a sentence

  • No Person, other than Canaccord ▇▇▇▇▇ Inc., is entitled to any brokerage fee or finders fee or similar fee or commission in connection with arranging the Loans contemplated by this Agreement.

  • Each Obligor represents, warrants, covenants and agrees that it has and will continue to use the PPP Loan Proceeds solely for PPP Permitted Uses (the foregoing is referred to as the “PPP Loan Transaction”).