Common use of Separate or Side Agreements Clause in Contracts

Separate or Side Agreements. Separate or side agreements (i) between Lender and Registered Holder; (ii) between a Registered Holder and a subsequent transferee of the Guaranteed Interest; (iii) between FTA and Lender, or (iv) between FTA and any Registered Holder shall not in any way obligate SBA to make any payment except as provided in this Agreement, nor shall it modify the nature or extent of SBA’s rights or obligations under the terms of this Agreement, the 750 Agreement or SBA Loan Program Requirements. Any such side agreement, which has the effect of distorting the information supplied to SBA, is prohibited.

Appears in 6 contracts

Samples: Secondary Participation Guaranty Agreement, Secondary Participation Guaranty Agreement, Secondary Participation Guaranty Agreement

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Separate or Side Agreements. Separate or side agreements (i) between Lender and Registered Holder; , (ii) between a Registered Holder and a subsequent transferee of the Guaranteed Interest; , (iii) between FTA and Lender, or (iv) between FTA and any Registered Holder shall not in any way obligate SBA to make any payment except as provided in this Agreement, nor shall it modify the nature or extent of SBA’s 's rights or obligations under the terms of this Agreement, the 750 Agreement or the SBA Loan Program Requirements. Any such side agreement, which has the effect of distorting the information supplied to SBA, is prohibited.

Appears in 1 contract

Samples: Secondary Participation Guaranty Agreement

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