SBI Act definition

SBI Act means Title III of the Small Business Investment Act of ------- 1958, as amended, 15 U.S.C. 681 et seq. ------
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SBI Act means the State Bank of India Act, 1955 (Act No. 23 of 1955) as amended from time to time.
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SBI Act means the Small Business Investment Act of 1958 or any similar or successor federal statute and the rules and regulations promulgated thereunder, as in effect from time to time.
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Examples of SBI Act in a sentence

  • The Borrower’s Representative is the following officials, acting severally: Chairman, Managing Directors, Deputy Managing Directors, Chief General Managers, or any other officer of the Borrower authorized as per the SBI Act and SBI General Regulations.

  • The only transactions engaged in by each Credit Party in the ordinary course of its business consist of: (i) the making and servicing of Loans and Investments (in the case of BL in compliance with the SBI Act and the SBA Regulations promulgated thereunder); and (ii) transactions incidental to the foregoing.

  • Notwithstanding any other provision contained herein to the contrary, the covenants contained in this subsection 7.2(b) shall continue to be effective for such period of time in which (i) Purchaser owns or has the option to own any Common Stock, or other securities convertible into Common Stock, of Company and (ii) Purchaser is a licensee under the SBI Act.

  • The information set forth in the documents provided to Purchaser pursuant to the SBI Act remain accurate and complete.

  • Borrower is in compliance with all conditions or requirements imposed by the SBA or any other applicable Governmental Authority with respect to its status as a SBIC including, without limitation, all conditions and requirements imposed under the SBI Act and the SBA Regulations promulgated thereunder.

  • The only transactions engaged in by the Company in the ordinary course of its business consist of: (i) the making and servicing of Loans and Investments in compliance with the SBI Act and the SBA Regulations promulgated thereunder; and (ii) transactions incidental to the foregoing.

  • Company, together with its "affiliates" (within the meaning set forth in Section 121.103 of Title 13 of the CFR), is a "small business concern" (as that term is defined in the SBI Act, including Section 121.105(a) of Title 13 of the CFR).

  • The only transactions engaged in by each Borrower in the ordinary course of its business consist of: (i) the making and servicing of Loans and Investments [(in the case of MBC, in compliance with the SBI Act and the SBA Regulations promulgated thereunder)]; and (ii) transactions incidental to the foregoing.

  • The only transactions engaged in by Borrower in the ordinary course of its business consist of: (i) the making and servicing of Loans and Investments in compliance with the SBI Act and the SBA Regulations promulgated thereunder; and (ii) transactions incidental to the foregoing.

  • The Company is in material compliance with all conditions or requirements imposed by the SBA or any other applicable Governmental Authority with respect to its status as an SBIC including, without limitation, all conditions and requirements imposed under the SBI Act and the SBA Regulations promulgated thereunder.

Related to SBI Act

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • FDI Act means the Federal Deposit Insurance Act, as amended or recodified.

  • ▇▇▇▇▇▇▇ Act means the ▇▇▇▇▇▇▇ Antitrust Act of 1890.

  • POPI Act means the Protection of Personal Information Act 4 of 2013;

  • FMC Act means the Financial Markets Conduct Act 2013.