Common use of SBA Debentures Clause in Contracts

SBA Debentures. The Funds are eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package and the Prospectus. The Funds are not in default under the terms of any debenture which the Funds have issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The SBIC Funds are eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package and the ProspectusSBA. The SBIC Funds are not in default under the terms of any debenture which the Funds have it has issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Each of the Funds are is eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package Preliminary Prospectus and the Prospectus. The Funds are not Neither Fund is in default under the terms of any debenture which the Funds have it has issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Funds are eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package and the Prospectus. The Funds are not in default under the terms of any debenture which the Funds have issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Funds are eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package and the Prospectus. The Funds are not in default under the terms of any debenture which the Funds have it has issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Funds are Fund is eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package and the Prospectus. The Funds are Fund is not in default under the terms of any debenture which the Funds have it has issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Funds are Fund is eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package Preliminary Prospectus and the Prospectus. The Funds are Fund is not in default under the terms of any debenture which the Funds have it has issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Funds are SBIC Fund is eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package and the ProspectusSBA. The Funds are SBIC Fund is not in default under the terms of any debenture which the Funds have it has issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Funds are Fund is eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package and the ProspectusSBA. The Funds are Fund is not in default under the terms of any debenture which the Funds have it has issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Each of the Funds are is eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package Preliminary Prospectus and the Prospectus. The Funds are not Neither Fund I, Fund II nor Fund III is in default under the terms of any debenture which the Funds have it has issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Funds are Fund is eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package Preliminary Prospectus and the Prospectus. The Funds are Fund is not in default under the terms of any debenture which the Funds have it has issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.

SBA Debentures. The Funds are eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package and the Prospectus. The Funds are not in default under the terms of any debenture which the Funds have issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.. ​

SBA Debentures. The Funds are eligible to sell securities guaranteed by the SBA in the amounts and on the terms described in the Disclosure Package and the ProspectusProspectus (or any amendment or supplement thereto). The Funds are not in default under the terms of any debenture which the Funds have issued to the SBA for guaranty by the SBA or any other material monetary obligation, and no event, which with the passage of time, notice or both has occurred, which would be a default or event of default thereunder.