SBAF definition
Examples of SBAF in a sentence
STOCK AND WARRANT PURCHASE AGREEMENT ------------------------------------ THIS AGREEMENT is made as of October 30, 1998, by and between ▇▇▇▇▇▇▇ Promotional Products, Inc., a Texas corporation (the "Company"), The State Board ------- of Administration of Florida ("SBAF") and Liberty Partners Holdings 17, L.L.C., ---- a Delaware limited liability company ("Liberty" and, collectively with SBAF, the ------- "Purchasers").
Prior to the second anniversary of the Closing Date, SBAF shall not sell, assign or otherwise transfer any portion of the Preferred Stock to any other Person (other than an Affiliate of a Purchaser) without the Company's prior consent, which consent will not be unreasonably withheld or delayed.
In the event of a temporary shortfall in revenue precluding full disbursement from CARB to CPCFA prior to June 30, 2027, upon written request by CARB’s Executive Officer, CPCFA in its discretion may agree to a bridge loan of funds from its Small Business Assistance Fund (SBAF) into an interest-bearing CARB SBAF Loan Account established at the Trustee Bank.
Funds held in the CARB Cost Account shall be used to cover Trustee costs related to maintaining the CARB Program Account, CARB SBAF Loan Account and the CARB Cost Account, other Trustee costs related to the maintenance and management of funds and accounts under this interagency agreement, and CPCFA’s approved administrative, travel and marketing costs.
Interest earned on the funds in the CARB SBAF Loan Account shall be repaid to CPCFA on a quarterly basis.