Common use of SBA PPP Loan Clause in Contracts

SBA PPP Loan. Notwithstanding anything contained in the Credit Agreement, including any restrictions on the ability of the Loan Parties to incur Indebtedness, the Loan Parties may incur Indebtedness in the form of SBA PPP Loans.

Appears in 1 contract

Samples: Credit Agreement (Rush Enterprises Inc \Tx\)

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SBA PPP Loan. (a) Notwithstanding anything contained in the Credit Loan Agreement, including any restrictions on the ability of the Loan Parties Borrower to incur Indebtedness, the Loan Parties Borrower may incur Indebtedness in the form of the SBA PPP LoansLoan.

Appears in 1 contract

Samples: Credit Agreement (Bioanalytical Systems Inc)

SBA PPP Loan. Notwithstanding anything contained in the Credit Agreement, including any restrictions on the ability of the Loan Parties to incur Indebtedness, the Loan Parties may incur Indebtedness in the form of the SBA PPP LoansLoan and such Indebtedness shall be deemed permitted under Section 7.2 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Digi International Inc)

SBA PPP Loan. Notwithstanding anything contained in the Credit Agreement, including any restrictions on the ability of the Loan Parties Borrower to incur IndebtednessIndebtedness for Borrowed Money or other indebtedness, the Loan Parties Borrower may incur Indebtedness indebtedness in the form of the SBA PPP LoansLoan. Borrower acknowledges and agrees that the terms and conditions of the SBA PPP Loan shall be governed by this Amendment, the SBA PPP Note, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Twin Disc Inc)

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SBA PPP Loan. Notwithstanding anything contained in this Agreement or the Credit Agreementother Loan Documents, including any restrictions on the ability of the Loan Parties Company to incur Indebtedness, the Loan Parties Company may incur Indebtedness in the form of the SBA PPP LoansLoan.

Appears in 1 contract

Samples: Revolving Credit Agreement (OppFi Inc.)

SBA PPP Loan. Notwithstanding anything contained in this Agreement or the Credit Agreementother LoanCredit Documents, including any restrictions on the ability of the Loan Parties Company to incur Indebtedness, the Loan Parties Company may incur Indebtedness in the form of the SBA PPP LoansLoan.

Appears in 1 contract

Samples: Revolving Credit Agreement (OppFi Inc.)

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