Common use of Remedies Available to SBA Clause in Contracts

Remedies Available to SBA. If SBA purchases the Guaranteed Interest from Registered Holder because of default by Lender, and if Borrower has not been in uncured default on any payment due under the Note for more than sixty (60) calendar days, SBA shall have the option:

Appears in 5 contracts

Samples: catran.sba.gov, www.sba.gov, www.sba.gov

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