SBA Collateral definition

SBA Collateral means securities that are fully guaranteed as to principal and interest by the U.S. Small Business Administration. SBA Collateral Undertaking means, with respect to any Item of SBA Collateral or proposed SBA Collateral other than Development Company Participation Certificates, an undertaking, addressed to Lender and TALF LLC and delivered to Lender by (x) the pool assembler with respect to the transaction pursuant to which such SBA Collateral has been or will be issued or (y) any other pool assembler from which the applicable Borrower shall acquire such Item of SBA Collateral on the applicable Loan Closing Date, in each case, in the form set forth in the TALF Standing Loan Facility Procedures.

SBA Collateral means securities that are fully guaranteed as to principal and interest by the U.S. Small Business Administration. SBA Collateral Undertaking means, with respect to any Item of SBA Collateral or proposed SBA Collateral other than Development Company Participation Certificates, an undertaking, addressed to Lender and TALF LLC and delivered to Lender by the pool assemblers with respect to the transaction pursuant to which such SBA Collateral has been or will be issued, in the form set forth in the TALF Standing Loan Facility Procedures.

SBA Collateral means securities that are fully guaranteed as to principal and interest by the U.S. Small Business Administration.

Examples of SBA Collateral in a sentence

• Distributor may not file anything against the SBA Collateral Real Estate with the exception of a Mortgage/Deed of Trust or a UCC (Fixtures) Financing Statement (Purchase Money Security Interest) for money advanced by Distributor for site operations or improvements, which, Boyett Petroleum ‐ Kwik Serve Brand License & Supply except for the UCC PMSI and fixture filing, must be subordinate to theS3021AgreementYYYN04/24/2018 SBA financing.

• Distributor may not file anything against the SBA Collateral Real Estate with the exception of a Mortgage/Deed of Trust or a UCC (Fixtures) Financing Statement (Purchase Money Security Interest) for money advanced by Distributor for site operations or improvements, which, except for the UCC PMSI and fixture filing, must be subordinate to the S2983 Boyett Petroleum ‐ (Arco) Branded Sales Agreement Y Y Y N 04/24/2018 SBA financing.

• Distributor may not file anything against the SBA Collateral Real Estate with the exception of a Mortgage/Deed of Trust or a UCC (Fixtures) Financing Statement (Purchase Money Security Interest) for money advanced by Distributor for site operations or improvements, which, except for the UCC PMSI and fixture filing, must be subordinate to the S3023 S2753Boyett Petroleum ‐(Valero) Branded Sales Agreement Brad Hall & Associates (Chevron) Fuel Supply AgreementY YY YY YN N04/24/2018 SBA financing.

• Distributor may not file anything against the SBA Collateral Real Estate with the exception of a Mortgage/Deed of Trust or a UCC (Fixtures) Financing Statement (Purchase Money Security Interest) for money advanced by Distributor for site operations or improvements, which, except for the UCC PMSI and fixture filing, must be subordinate to the S3026 Boyett Petroleum ‐ (Chevron) Branded Sales Agreement Y Y Y N 04/24/2018 SBA financing.

• Distributor may not file anything against the SBA Collateral Real Estate with the exception of a Mortgage/Deed of Trust or a UCC (Fixtures) Financing Statement (Purchase Money Security Interest) for money advanced by Distributor for site operations or improvements, which, except for the UCC PMSI and fixture filing, must be subordinate to the S3022 Boyett Petroleum ‐ (76 Brand) Branded License Agreement Y Y Y N 04/24/2018 SBA financing.

More Definitions of SBA Collateral

SBA Collateral means all tangible and intangible personal property, including, but not limited to: (a) inventory, (b) equipment, (c) instruments, including promissory notes (d) chattel paper, including tangible chattel paper and electronic chattel paper, (e) documents, (f) letterELECTRONICALLY FILED - 2020 Oct 07 5:17 PM - GREENVILLE - COMMON PLEAS - CASE#2018CP2303195Case 19-43814 Doc 165 Filed 08/31/20 Entered 08/31/20 16:20:50 Desc Main Document Page 8 of 31 of credit rights, (g) accounts, including health-care insurance receivables and credit card receivables, (h) deposit accounts, (i) commercial tort claims, (j) general intangibles, including payment intangibles and software and (k) as-extracted collateral as such terms may from time to time be defined in the Uniform Commercial Code.

SBA Collateral shall have the meaning assigned to that term in the Security Agreement.

SBA Collateral. SBA Secured Debt" and "SBA Security Agreement" and

SBA Collateral means certain Eligible Commercial Loans the -------------- aggregate outstanding principal balance of which shall not at any time exceed the Maximum SBA Collateral, which Eligible Commercial Loans are initially the Eligible Commercial Loans set forth on Exhibit H hereto, which Exhibit H shall --------- --------- be replaced from time to time as provided in Section 6.1(c), which Exhibit H shall also serve as Schedule A to the SBA Security Agreement.

SBA Collateral means all Commercial Loan Collateral relating to the -------------- Designated Commercial Loans.

SBA Collateral as used herein, all other property and all interests therein of any kind hereafter acquired by Borrower, meeting or falling within the description of the SBA Collateral set forth herein and also the proceeds and products thereof.

SBA Collateral means the Designated Commercial Loan collateral -------------- described in Section 2.2 of the SBA Security Agreement.