SBA Rules and Regulations definition

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.
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SBA Rules and Regulations. The Small Business Act, as amended, codified at 15 U.S.C. 631 et. seq., the Loan Guaranty Agreement, all legislation binding on the SBA regarding financial transactions, all rules and regulations promulgated from time to time thereunder, the Loan Guaranty Agreement and SBA Standard Operating Procedures and official notices as from time to time are in effect.
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SBA Rules and Regulations the Small Business Act, as amended, the SBA Agreement, all rules and regulations promulgated from time to time under the Small Business Act, and SBA Standard Operating Procedures and official Notices as from time to time in effect.
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Examples of SBA Rules and Regulations in a sentence

  • The Servicer shall comply with the SBA Rules and Regulations concerning the issuance and maintenance of fire and hazard insurance with extended coverage customary in the area where the Mortgaged Property is located.

  • Any amounts collected by the Servicer under any such policies (other than amounts to be applied to the restoration or repair of the Mortgaged Property, or to be released to the Obligor in accordance with the SBA Rules and Regulations) shall be deposited in the Principal and Interest Account, subject to withdrawal pursuant to Section 5.04.

  • SBA may, at its option, assume servicing of any SBA Lender Loan in accordance with SBA Rules and Regulations.

  • Borrower shall maintain accurate and materially complete records regarding all SBA 7(a) Note Receivables, including without limitation all SBA 7(a) Note Receivables which have been guaranteed by the principals of the respective SBA 7(a) Loan Obligors; provided that in no event shall such records fail to comply with the requirements of the SBA Rules and Regulations.

  • In the event that any payment due under any SBA Loan and not postponed pursuant to Section 5.01 is not paid when the same becomes due and payable, or in the event the Obligor fails to perform any other covenant or obligation under the SBA Loan, the Servicer shall take such action in accordance with the applicable SBA Rules and Regulations as it shall deem to be in the best interests of the Certificateholders and the SBA.

  • Borrower shall at its own expense service all of the SBA 7(a) Note Receivables, including (i) the billing, posting and maintaining of complete records applicable thereto, and (ii) subject to applicable SBA Rules and Regulations, the taking of such action with respect thereto as Borrower may deem advisable.

  • As of the Closing Date, Borrower has been approved as and continues to be a preferred lender under the SBA’s Preferred Lender Program in accordance with the SBA Rules and Regulations.

  • Without limiting the foregoing, Borrower shall cause the Required Procedures, the SBA 7(a) Note Receivable Documents and all actions and transactions by Borrower in connection therewith (a) to comply with SBA Rules and Regulations, and (b) to comply with all other requirements of all applicable Laws except where the failure to comply with such other requirements of any applicable Law reasonably could not be expected to result in a Material Adverse Effect.

  • The Servicer shall also maintain, to the extent such insurance is available, and required by the SBA Rules and Regulations and the Servicer's policies, on Foreclosed Property constituting real property, fire and hazard insurance in the amounts described above and liability insurance.

  • If SBA receives any amount in respect of the Conveyed Interest, SBA will remit the sum to Trustee for the credit of the SBA Lender, provided that in no event will SBA have any obligation to pay any amount not owed by SBA under SBA Rules and Regulations.


More Definitions of SBA Rules and Regulations

SBA Rules and Regulations. The Small Business Act, as amended, codified at 15 U.S.C.
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SBA Rules and Regulations means the rules and regulations of the SBA set forth in 13 C.F.R. §120 et seq., promulgated pursuant to the Small Business Act, as amended (15 U.S.C. §631 et seq.) and the Small Business Investment Act of 1958, as amended (15 U.S.C. §681 et seq.), and the policies, manuals, guidelines and operating procedures of the SBA.
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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. 20
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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(a) Loan Obligor, whether or not evidenced by a promissory note or other instrument."SBA 7(a)
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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 Standard Operating Procedures and Official Notices” means Public Law 85-536; the Rules and Regulations, as defined in 13 CFR Part 120, “Business Loans” and 13 CFR Part 121, “Size Standards”; Standard Operating Procedure 504 Loan Servicing and Liquidation SOP 50-55, in each case as may be published and/or amended from time to time. “SEC” means the Securities and Exchange Commission or any other governmental authority of the United States of America at the time administrating the Securities Act, the Investment Company Act or the Exchange Act. - 34- 34881204v6 110062879
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SBA Rules and Regulations the Small Business Act, as amended, the SBA Agreement, all rules and regulations promulgated from time to time under the Small Business Act, and SBA Standard Operating Procedures and official Notices as from time to time in effect. h. "Servicer": the Servicer (as defined in the Pooling and Servicing Agreement) and, as applicable, the Subservicer (as defined in the Pooling and Servicing Agreement). i. "Unguaranteed Interest": the portion of each SBA Lender Loan in the Loan Pool not guaranteed by SBA.
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Related to SBA Rules and Regulations

  • SAFE Rules and Regulations means collectively, the Circular 37 and any other applicable SAFE rules and regulations, as amended.

  • Rules and Regulations means the rules and regulations of the Commission.

  • Repurchase Rules and Regulations shall have the meaning specified in Section 6.14 of the Indenture.

  • 1940 Act Rules and Regulations means the rules and regulations of the Commission under the 1940 Act.

  • Advisers Act Rules and Regulations means the rules and regulations of the Commission under the Advisers Act.

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • WHFIT Regulations Treasury Regulations section 1.671-5, as amended.

  • Applicable Laws and Regulations means all duly promulgated applicable federal, State and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits and other duly authorized actions of any Governmental Authority having jurisdiction over the relevant parties, their respective facilities, and/or the respective services they provide.

  • Data Protection Laws and Regulations means all laws and regulations, including laws and regulations of the European Union, the European Economic Area and their Member States, Switzerland and the United Kingdom, applicable to the Processing of Personal Data under the Agreement.

  • Regulations means the Income Tax Regulations, including Temporary Regulations, promulgated under the Code, as such regulations are amended from time to time.

  • CDM Regulations means the Construction (Design and Management) Regulations 2015;

  • TUPE Regulations means the Transfer of Undertakings (Protection of Employment) Regulations 2006, as amended.

  • the 1997 Regulations means the Zebra, Pelican and Puffin Pedestrian Crossing Regulations 1997.

  • CSD Regulations means the CSD’s rules and regulations applicable to the Issuer, the Agent and the Notes from time to time.

  • SEBI Regulations means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 together with the circulars issued thereunder, including any statutory modification(s) or re-enactment(s) thereof for the time being in force.

  • FCA Rules means the Rules included within the FCA Handbook issued by the FCA.

  • Conduct Regulations means the Conduct of Employment Agencies and Employment Businesses Regulations 2003;

  • DOE Rules means DOE’s energy conservation regulations found in Title 10, Parts 429, 430, and 431 of the Code of Federal Regulations.

  • UCITS Regulations means the European Communities Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011) (as amended consolidated or substituted from time to time) and any regulations or notices issued by the Central Bank pursuant thereto for the time being in force.

  • M&A Rules means the Provisions on Merging and Acquiring Domestic Enterprises by Foreign Investors, which was promulgated by six Governmental Agencies, namely, the Ministry of Commerce, the State-owned Assets Supervision and Administration Commission, the State Administration for Taxation, the State Administration for Industry and Commerce, the China Securities Regulatory Commission (the “CSRC”), and the State Administration of Foreign Exchange, on August 8, 2006 and became effective on September 8, 2006, as amended by the Ministry of Commerce on June 22, 2009.

  • PRA Rules means the Rules included within the PRA handbook issued by the PRA.

  • the Rules means the Insolvency Rules 1986 (as amended);

  • the 2002 Regulations means the Traffic Signs Regulations and General Directions 2002;

  • CREST Regulations means the Uncertificated Securities Regulations 2001 (SI 2001 No. 01/378), as amended.

  • HIPAA Regulations means the regulations promulgated under HIPAA by the United States Department of Health and Human Services, including, but not limited to, 45 C.F.R. Part 160 and 45 C.F.R. Part 164.

  • Site Rules means all rules, regulations, directives and policies notified by the Company from time to time which are intended to be of general application to persons at a Site controlled or managed by the Company.