Regulatory Representation definition
Examples of Regulatory Representation in a sentence
The use of proceeds from the Company's sale of the Note and the Warrant to the Purchaser will be only for those purposes described in the SBA Regulatory Representation Letter.
The representations of the Company contained in the SBA Regulatory Representation Letter as to its status as a “Small Business” are true and correct in all material respects as of the Closing Date.
The Sellers will not have any liability under Section 10.1(a) (other than as a result of a breach of any Fundamental Representation, Special Representation or Regulatory Representation) in respect of any individual claim or substantially similar claims (whether or not arising out of the same facts and circumstances) involving Losses to any Buyer Indemnitee of less than $10,000.
The Obligors shall provide the Purchaser with all information, data and other material required under the SBA Regulatory Representation Letter.
The Claims Period for Indemnifiable Damages arising out of, resulting from or in connection with any failure of the IP Representation or the Regulatory Representation to be true and correct, shall commence at the Closing and terminate upon the day after the date that is twenty-four (24) months following the Closing Date.
The Regulatory Representation Program addresses broad policy issues of general significance.
The Small Business Administration Forms 480, 652 and 1031 and SBA Regulatory Representation Letter shall have been duly executed and/or acknowledged by all parties thereto.
Changes resulting from employee- requested changes in schedules may not result in unapproved overtime.
The Obligors shall comply with their obligations under Section 2(a) of the SBA Regulatory Representation Letter.
The Claims Period for Indemnifiable Damages arising out of, resulting from or in connection with (a) any failure of the IP Representation or the Regulatory Representation to be true and correct, or (b) any of the matters listed in clause (iii) of the first sentence of Section 9.2 only as far as they do not relate to Tax matters, shall commence at the Closing and terminate upon the day after the date that is twenty-four (24) months following the Closing Date.