Common use of Small Business Administration Documentation Clause in Contracts

Small Business Administration Documentation. Agent and Xxxxxxx acknowledge that Xxxxxxxx completed, executed and delivered to Agent prior to the SBA Funding Date SBA Forms 480, 652 and 1031 (Parts A and B) together with a business plan showing Xxxxxxxx’s financial projections (including balance sheets and income and cash flows statements) for the period described therein and a written statement (whether included in the purchase agreement or pursuant to a separate statement) from Agent regarding its intended use of proceeds from the sale of securities to Lenders (the “Use of Proceeds Statement”). Borrower represents and warrants to Agent and Lenders that the information regarding Borrower and its affiliates set forth in the SBA Form 480, Form 652 and Form 1031 and the Use of Proceeds Statement delivered as of the SBA Funding Date is accurate and complete.

Appears in 2 contracts

Samples: Loan and Security Agreement (Gritstone Bio, Inc.), Loan and Security Agreement (Gritstone Bio, Inc.)

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Small Business Administration Documentation. Agent and Xxxxxxx the Lenders acknowledge that Xxxxxxxx Borrowers completed, executed and delivered to Agent prior to the each SBA Funding Date SBA Forms 480, 652 and 1031 (Parts A and B) together with a business plan showing Xxxxxxxx’s Borrowers’ financial projections (including balance sheets and income and cash flows statements) for the period described therein and a written statement (whether included in the purchase agreement or pursuant to a separate statement) from Agent regarding its intended use of proceeds from the sale of securities to the Lenders (the “Use of Proceeds Statement”). Borrower represents Borrowers represent and warrants warrant to Agent and the Lenders that the information regarding Borrower Borrowers and its their respective affiliates set forth in the SBA Form 480, Form 652 and Form 1031 and the Use of Proceeds Statement delivered as of the each SBA Funding Date is accurate and complete.

Appears in 1 contract

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

Small Business Administration Documentation. Agent and Xxxxxxx Lenders acknowledge that Xxxxxxxx Borrower completed, executed and delivered to Agent prior to the each SBA Funding Date SBA Forms 480, 652 and 1031 (Parts A and B) together with a business plan showing XxxxxxxxBorrower’s financial projections (including balance sheets and income and cash flows statements) for the period described therein and a written statement (whether included in the purchase agreement or pursuant to a separate statement) from Agent regarding its intended use of proceeds from the sale of securities to Lenders (the “Use of Proceeds Statement”). Borrower represents and warrants to Agent and Lenders that the information regarding Borrower and its affiliates set forth in the SBA Form 480, Form 652 and Form 1031 and the Use of Proceeds Statement delivered as of the each SBA Funding Date is accurate and complete.

Appears in 1 contract

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

Small Business Administration Documentation. Agent and Xxxxxxx the Lenders acknowledge that Xxxxxxxx Bxxxxxxx completed, executed and delivered to Agent prior to the each SBA Funding Date SBA Forms 480, 652 and 1031 (Parts A and B) together with a business plan showing XxxxxxxxBxxxxxxx’s financial projections (including balance sheets and income and cash flows statements) for the period described therein and a written statement (whether included in the purchase agreement or pursuant to a separate statement) from Agent regarding its intended use of proceeds from the sale of securities to the Lenders (the “Use of Proceeds Statement”). Borrower represents and warrants to Agent and the Lenders that the information regarding Borrower and its affiliates set forth in the SBA Form 480, Form 652 and Form 1031 and the Use of Proceeds Statement delivered as of the each SBA Funding Date is accurate and complete.

Appears in 1 contract

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

Small Business Administration Documentation. Agent and Xxxxxxx acknowledge that Xxxxxxxx completed, executed and delivered to Agent prior to the each SBA Funding Date SBA Forms 480, 652 and 1031 (Parts A and B) together with a business plan showing Xxxxxxxx’s financial projections (including balance sheets and income and cash flows statements) for the period described therein and a written statement (whether included in the purchase agreement or pursuant to a separate statement) from Agent regarding its intended use of proceeds from the sale of securities to Lenders (the “Use of Proceeds Statement”). Borrower represents and warrants to Agent and Lenders that the information regarding Borrower and its affiliates set forth in the SBA Form 480, Form 652 and Form 1031 and the Use of Proceeds Statement delivered as of the each SBA Funding Date is accurate and complete.

Appears in 1 contract

Samples: Loan and Security Agreement (Sight Sciences, Inc.)

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Small Business Administration Documentation. Agent and Xxxxxxx the Lenders acknowledge that Xxxxxxxx completed, executed and delivered to Agent prior to the each SBA Funding Date SBA Forms 480, 652 and 1031 (Parts A and B) together with a business plan showing Xxxxxxxx’s financial projections (including balance sheets and income and cash flows statements) for the period described therein and a written statement (whether included in the purchase agreement or pursuant to a separate statement) from Agent regarding its intended use of proceeds from the sale of securities to the Lenders (the “Use of Proceeds Statement”). Borrower represents and warrants to Agent and the Lenders that the information regarding Borrower and its affiliates set forth in the SBA Form 480, Form 652 and Form 1031 and the Use of Proceeds Statement delivered as of the each SBA Funding Date is accurate and complete.

Appears in 1 contract

Samples: Loan and Security Agreement (Kura Oncology, Inc.)

Small Business Administration Documentation. Agent and Xxxxxxx the Lenders acknowledge that Xxxxxxxx Borrower completed, executed and delivered to Agent prior to the each SBA Funding Date SBA Forms 480, 652 and 1031 (Parts A and B) together with a business plan showing XxxxxxxxBorrower’s financial projections (including balance sheets and income and cash flows statements) for the period described therein and a written statement (whether included in the purchase agreement or pursuant to a separate statement) from Agent regarding its intended use of proceeds from the sale of securities to the Lenders (the “Use of Proceeds Statement”). Borrower represents and warrants to Agent and the Lenders that the information regarding Borrower and its affiliates set forth in the SBA Form 480, Form 652 and Form 1031 and the Use of Proceeds Statement delivered as of the each SBA Funding Date is accurate and complete.. ​ ​ ​

Appears in 1 contract

Samples: Loan and Security Agreement (Mountain Crest Acquisition Corp II)

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