SBIC Act definition

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

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SBIC Act shall have the meaning assigned to such term in Section 7.16.

SBIC Act means the Small Business Investment Act of 1958, as amended, and the rules and regulations thereunder and interpretations thereof promulgated by SBA, as in effect from time to time.

Examples of SBIC Act in a sentence

• Borrower shall not, nor shall it cause or permit any of its subsidiaries to, without obtaining the prior written approval of Agent, change Borrower’s or any such subsidiary’s business activities from that conducted on the Closing Date to a business activity from which a licensee under the SBIC Act is prohibited from providing funds by the SBIC Act.

• Borrower also will furnish or cause to be furnished to Agent and Lenders such other information regarding the business, affairs and condition of Borrower as Agent or Lenders may from time to time reasonably request, and such information shall be certified by the President, Chief Executive Officer or Chief Financial Officer of Borrower to the extent requested by Agent or Lender for compliance with the SBIC Act.

• Neither Borrower nor any of its affiliates (if any) will engage in any activities or use directly or indirectly the proceeds from the Loan for any purpose for which a small business investment company is prohibited from providing funds by the SBIC Act, including 13 C.F.R. §107.

More Definitions of SBIC Act

SBIC Act shall have the meaning ascribed to such term in Section 5.1(a).

SBIC Act means the Small Business Investment Act of 1958, as amended; and

SBIC Act. Small Business Investment Company Act, as amended from time to time.

SBIC Act means the Small Business Investment Act of 1958, as amended, and the regulations promulgated and issued by the Small Business Administration thereunder, codified as Title 13 of the Code of Federal Regulations, 107 and 121, as amended.

SBIC Act means the Small Business Investment Act of 1958, as amended, and the regulations promulgated thereunder, including 13 C.F.R. Section 107.

SBIC Act has the meaning given to it in Section 7.23.

SBIC Act means the Small Business Administration Act of 1958, as amended, and the rules and regulations promulgated thereunder by the SBA, as in effect from time to time.