PPP Regulations definition
Examples of PPP Regulations in a sentence
The PPP Regulations require a predefined sequence of methods for resolving disputes between the two parties to the contract, starting from the simplest and most economical- mutual discussions and agreement, and ending at the most complicated, time and cost consuming- legal process.
The handover of the facilities by the Private party shall be done in accordance with the procedures and conditions set out in the PPP Regulations.
Each of the Companies that received a PPP Loan was eligible to receive a PPP Loan under the PPP Regulations.
If after the date of this Note, any further PPP Regulations are promulgated or if the PPP Regulations mandate a form of or the terms of the note, loan authorization or other loan documents for PPP loans, B▇▇▇▇▇▇▇ agrees to execute any further instruments and documents and to take such further actions as Lender requests, including exchanging this Note for new note, executing an amendment to this Note, or executing any other loan documents that L▇▇▇▇▇ requests.
Notwithstanding anything to the contrary contained herein, the amendments described in Section 3 hereof that relate solely to the CARES Act, PPP Loans and PPP Regulations shall become effective upon satisfaction of the condition precedent set forth in Section 4(i) hereof.
The Loan and this Note are subject in all respects to the PPP Regulations, including any PPP Regulations promulgated after the date of this Note.
The amounts of the PPP Loans were calculated in accordance with and conforms to the PPP Regulations.
All proceeds of the PPP Loans were used in accordance with the PPP Regulations.
Notwithstanding anything to the contrary contained herein, the amendments described in Section 3 hereof that relate solely to the CARES Act, PPP Loans, and PPP Regulations shall become effective upon satisfaction of the condition precedent set forth in Section 4(i) hereof.
Any Loan balance remaining following forgiveness pursuant to the PPP Regulations, if any, will be fully reamortized over the remaining term of the Loan.