Common use of SBIC Matters Clause in Contracts

SBIC Matters. The applicable Lender has received a license from the U.S. Small Business Administration (“SBA”) to extend loans as a small business investment company (“SBIC”) pursuant to the Small Business Investment Act of 1958, as amended, and the associated regulations (collectively, the “SBIC Act”). Portions of the loan to Borrower will be made under the SBA license and the SBIC Act. Addendum 1 to this Agreement outlines various responsibilities of Agent, the applicable Lender and Borrower associated with an SBA loan, and such Addendum 1 is hereby incorporated in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Bellicum Pharmaceuticals, Inc)

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SBIC Matters. The applicable Agent and Lender has have received a license from the U.S. Small Business Administration (“SBA”) to extend loans as a small business investment company (“SBIC”) pursuant to the Small Business Investment Act of 1958, as amended, and the associated regulations (collectively, the “SBIC Act”). Portions of the loan to Borrower will be made under the SBA license and the SBIC Act. Addendum 1 to this Agreement outlines various responsibilities of Agent, the applicable Lender and Borrower associated with an SBA loan, and such Addendum 1 is hereby incorporated in this Agreement.. 7.16

Appears in 1 contract

Samples: Loan and Security Agreement (Concert Pharmaceuticals, Inc.)

SBIC Matters. The applicable Agent and Lender has have received a license from the U.S. Small Business Administration (the “SBA”) to extend loans as a small business investment company (“SBIC”) pursuant to the Small Business Investment Company Act of 1958, as amended, and the associated regulations (collectively, the “SBIC Act”). Portions All or a portion of the loan to Borrower will be made under the SBA license and the SBIC Act. Addendum 1 to this Agreement outlines various responsibilities of Agent, the applicable Lender and Borrower associated with an SBA loan, and such Addendum 1 is hereby incorporated in this Agreementby reference.

Appears in 1 contract

Samples: Loan and Security Agreement (Mast Therapeutics, Inc.)

SBIC Matters. The applicable Lender has received a license from the U.S. Small Business Administration (“SBA”) to extend loans as a small business investment company (“SBIC”) pursuant to the Small Business Investment Act of 1958, as amended, and the associated regulations (collectively, the “SBIC Act”). Portions of the loan to Borrower will be made under the SBA license and the SBIC Act. Addendum 1 to this Agreement outlines various responsibilities of Agent, the applicable Lender and Borrower associated with an SBA loan, and such Addendum 1 is hereby incorporated in this Agreement.. 7.16

Appears in 1 contract

Samples: Loan and Security Agreement

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SBIC Matters. The applicable Lender has received a license from the U.S. Small Business Administration ("SBA") to extend loans as a small business investment company ("SBIC") pursuant to the Small Business Investment Act of 1958, as amended, and the associated regulations (collectively, the "SBIC Act"). Portions of the loan to Borrower will be made under the SBA license and the SBIC Act. Addendum 1 to this Agreement outlines various responsibilities of Agent, the applicable Lender and Borrower associated with an SBA loan, and such Addendum 1 is hereby incorporated in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Cytrx Corp)

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