Common use of SBA Approval Clause in Contracts

SBA Approval. Each of the Company and Parent (i) shall use its reasonable efforts, and shall take all actions as may be necessary, desirable or convenient, to obtain the approval of the SBA with respect to the Merger and the transactions contemplated hereby and (ii) will comply at the earliest practicable date with any request for additional information received by it from the SBA.

Appears in 2 contracts

Samples: Merger Agreement (BLC Financial Services Inc), Merger Agreement (Tannenhauser Robert)

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SBA Approval. Each of the Company and Parent (i) shall use its reasonable their best efforts, and shall take all actions as may be necessary, desirable or convenient, to obtain the approval of the SBA with respect to the Merger and the transactions contemplated hereby and (ii) will comply at the earliest practicable date with any request for additional information received by it from the SBA.

Appears in 2 contracts

Samples: Merger Agreement (Medallion Financial Corp), Merger Agreement (Ameritrans Capital Corp)

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