SBA Act definition

SBA Act means the Small Business Investment Act of 1958, as amended.

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SBA Act means the Small Business Act of 1953, as the same may be amended from time to time.

SBA Act means the Small Business Act of 1953, 15 U.S.C. § 631 et seq., as amended.

Examples of SBA Act in a sentence

There exists no agreement, expressed or implied, and no condition, statement of facts or relationship between Emtec and any other entity or entities which would prevent it from qualifying as a “small business concern” under the SBA Act.
Prior to the Closing, the Co-Borrowers shall deliver to Prospect Street any documentation required pursuant to the SBA Act or the SBA Regulations, including, but not limited to: SBA Forms 480, 652 and 1031 and the SBA Certificate dated as of the Closing Date and executed by the chief executive officer or president of each of the Co-Borrowers, substantially in the form and to the effect of Exhibit I hereto.
No Borrower is, or intends to become, an "investment company", as such term is defined in the Investment Company Act of 1940, as amended (the "1940 Act"), and no Borrower, nor any of the respective officers, directors, partners or controlling persons of any of them is an "associate" of any Holder, as such terms are defined in Section 107.3 of the amended Regulations promulgated under the SBA Act, nor an "affiliated person" of any Holder, as such term is defined in Section 2(a)(3) of the 1940 Act.
There exists no agreement, expressed or implied, no condition, state of facts or relationship between the Parent and any other entity or entities which would prevent it from qualifying as a "small business concern" under the SBA Act.
The Parent is a "small business concern" as defined in the Small Business Investment Act of l958, as amended (the "SBA Act"), and the rules and regulations of the U.S. Small Business Administration (the "SBA") issued or promulgated thereunder.

More Definitions of SBA Act

SBA Act means the Small Business Investment Act of 1958, as amended, and the regulations promulgated thereunder.

SBA Act has the meaning set forth in Section 3.1(yy).

SBA Act has the meaning set forth in Section 3.25 hereof.

SBA Act means the Small Business Act of 1953, as the same may be amended from time to time. “SBA Lender’s License” means that authority given to a lender by the SBA to make SBA 7(a) Loans as permitted under the SBA Act, as amended and further authorized by the SBA in CFR Title 13 Part 120-470 and 471, as amended. “SBA Rules and Regulations” means the SBA Act, as amended, any other legislation binding on SBA relating to financial transactions, any “Loan Guaranty Agreement”, all rules and regulations promulgated from time to time under the SBA Act, and SBA Standard Operating Procedures and any Official Notices issued by the SBA, all as from time to time in effect. “SBA 7(a) Guaranteed Note Receivable” means that portion of any SBA 7

SBA Act means the Small Business Act of 1953, as the same may be amended from time to time."SBA Lender's License" means that authority given to a lender by the SBA to make SBA 7(a) Loans as permitted under the SBA Act, as amended and further authorized by the SBA in CFR Title 13 Part 120-470 and 471, as amended. "SBA Rules and Regulations" means the SBA Act, as amended, any other legislation binding on SBA relating to financial transactions, any "Loan Guaranty Agreement", all rules and regulations promulgated from time to time under the SBA Act, and SBA Standard Operating Procedures and any Official Notices issued by the SBA, all as from time to time in effect."SBA 7(a) Guaranteed Note Receivable" means that portion of any SBA 7(a) Note Receivable that is actually guaranteed by the SBA. "SBA 7(a) Loan Notes" means any promissory notes that at any time evidence SBA 7(a) Loans."SBA 7(a) Loan Obligor" means any Person, other than the SBA, who is or may become obligated to Borrower under an SBA 7(a) Loan."SBA 7(a) Loans" means any loans made by Borrower (or its predecessors in interest) to small businesses and partially guaranteed by the SBA, all originated in accordance with the SBA Rules and Regulations and pursuant to the authorization contained in Section 7(a) of the SBA Act. "SBA 7(a) Non-Guaranteed Note Receivable" means that portion of any SBA 7(a) Note Receivable that is not guaranteed by the SBA."SBA 7(a) Note Receivable" means the obligation of an SBA 7(a) Loan Obligor to pay an SBA 7(a) Loan made by Borrower (or its predecessors in interest) to such SBA 7

SBA Act means the Small Business Act of 1953, codified at 15 U.S.C. 631 et. seq., as the same may be amended from time to time. “SBA Authorization” means, with respect to a SBA Loan, the Authorization for Debenture Guarantee (SBA 504 loan) from the SBA issued under the SBA 504 Loan Program providing the terms and conditions under which the SBA will guarantee a debenture the proceeds of which will be used to refinance a SBA Loan. “SBA Guaranty” means, with respect to any SBA Loan, the guarantee by the SBA of the debenture backing such SBA Loan under the SBA 504 Loan Program. “SBA Loan” means a Loan or any other extension of credit made in compliance with the SBA 504 Loan Program to finance a Project. “SBA Loan Borrowing Base Inclusion Criteria” means, with respect to any SBA Loan, the following criteria: - 33- 34881204v6 110062879

SBA Act has the meaning set forth in 0 hereof.