CEBA Program definition

CEBA Program means the Canada Emergency Business Account Program.
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CEBA Program means the Canada Emergency Business Account program created by the Government of Canada. “CEBA Indebtedness” means any loan or other financial accommodation under the CEBA Program, provided that (a) such Indebtedness is unsecured, (b) the proceeds therefrom are used solely in a manner that is permitted by the CEBA Program and (c) the Loan Parties have fully complied in all material respects with and satisfied in all material respects all eligibility requirements established pursuant to the CEBA Program to incur such Indebtedness. “CERCLIS” means the Comprehensive Environmental Response, Compensation, and Liability Information System maintained by the United States Environmental Protection Agency. “Change in Law” means the occurrence, after the date of this Agreement, of any of the following: (a) the adoption or taking effect of any law, rule, regulation, judicial ruling, judgment or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (i) the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines or directives concerning capital adequacy promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities shall, in each case, be deemed to be a “Change in Law”, regardless of the date enacted, adopted or issued. “Change of Control” means each occurrence of any of the following: (a) prior to the SPAC Effective Date, the Permitted Holders cease to beneficially and of record own and control, directly or indirectly, at least the greater of (i) 30.0% of the Parent Class A Units and 50.1% of the Parent Class B Units and (ii) 80% of the percentage of the aggregate outstanding voting or economic power of the Equity Interests of the Parent that the Permitted Holders owned or controlled on the Effective Date, in each case, on a fully diluted basis; (b) from and after the SPAC Effective Date, any Person (other than the Permitted Holders) or Persons (other than one or more of the Permitted...
Sample 1

Examples of CEBA Program in a sentence

  • You acknowledge that: (i) the CEBA Loan is made in accordance with the CEBA Program and is being instituted and administered by the Credit Union at the request of and on behalf of Export Development Canada, on behalf of Her Majesty in Right of Canada, and (ii) you have certified to the Credit Union that the information set out in Schedule “1” attached hereto, as required by the Government of Canada is accurate and correct.

  • Under the Canada Emergency Business Account ("CEBA") Program, with funding provided by the Government of Canada and Export Development Canada ("EDC") as the Government of Canada’s agent, the Credit Union provides loans to its business banking members.

  • The Borrower acknowledges and agrees that an audit may be conducted by the Government of Canada or its representatives, mandataries, and/or agents to ascertain the veracity of this attestation and the eligibility of the Borrower under the CEBA Program.

  • Information provided to the Credit Union in connection with the CEBA Program is for the purpose of making funding available on an urgent basis, and the Credit Union will not be held responsible for any misuse or unauthorized access to the information, nor for any actions of the Government of Canada or its agencies in connection with the CEBA Program, including any changes to or cancellation of the CEBA Program.

  • At all times, the Borrower will give the Credit Union’s representatives, mandataries, and/or agents the right to visit and access the Borrower’s establishment(s), the right to examine its books of accounts and other records, and take excerpts therefrom or make copies thereof and to disclose same as may be required by the Government of Canada and its representatives, mandataries, and/or agents, in connection with the CEBA Program.

  • The Credit Union is not able to advance the CEBA Loan until all requirements of the CEBA Program and any other approval required by the Government of Canada have been met.

  • In addition to all of its obligations in this Agreement the Borrower will not: (i) apply for any support under the CEBA Program at any other financial institution; (ii) sell, lease, assign, or otherwise dispose of all or substantially all of its assets; or, if applicable and without the Credit Union’s prior written consent, (iii) merge or amalgamate with any other entity or permit any change of ownership or change its capital structure.

  • The Borrower agrees to participate in, and accurately complete in a timely manner, surveys respecting the CEBA Program as requested by the Government of Canada or its representatives, mandataries and/or agents.

  • The Borrower acknowledges that the terms and requirements of the underlying CEBA Program may change, and the Credit Union may therefore be required to change the CEBA Loan.

  • As provided for in the CEBA Program, if, on or before December 31, 2022, the Borrower repays at least seventy-five (75%) percent of the CEBA Loan Amount and has not committed an Event of Default, then the remaining twenty-five (25%) percent of the CEBA Loan Amount will be forgiven.

Related to CEBA Program

  • AML Program has the meaning ascribed thereto in Schedule 2.1(F)(8) hereof.

  • CRAF Program means the Civil Reserve Air Fleet Program authorized under 10 U.S.C. Section 9511 et seq. or any similar or substitute program under the laws of the United States.

  • Pilot program means the pilot program identified and funded through the Funding Agreement and described in that Funding Agreement and its attachments.

  • Loan Program means the State Treasurer’s Interest-Free Loan Program for Colorado School Districts authorized pursuant to the Loan Program Statutes.

  • Marketing program means a program established by order of the director pursuant to this act prescribing rules and regulations governing the marketing for processing, distributing, selling, or handling an agricultural commodity produced in this state or agricultural commodity input during a specified period and

  • E-Verify Program above means the employment verification program administered by the United States Department of Homeland Security, the Social Security Administration, or any successor program.

  • Education program means any program that is principally engaged in the provision of education, including, but not limited to, early childhood education, elementary and secondary education, postsecondary education, special education, job training, career and technical education, and adult education, and any program that is administered by an educational agency or institution.

  • Educational program means a program for educating and preparing physician assistants which is approved by the board.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Child day program means a regularly operating service arrangement for children where, during the absence of a parent or guardian, a person or organization has agreed to assume responsibility for the supervision, protection, and well-being of a child under the age of 13 for less than a 24-hour period.

  • Educator preparation program means a planned sequence of academic courses and experiences leading to a recommendation for licensure by the State Board.

  • Pension program means the defined benefit pension program of the Oregon Public Service

  • the Programme means the programme leading to the Degree of Master of Laws – LL.M – in International Maritime Law;

  • Prescription monitoring program “PMP,” or “program” means the program established pursuant to 657—Chapter 37 for the collection and maintenance of PMP information and for the provision of PMP information to authorized individuals.

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • Investment Program means a Person for whom Shipper or a direct or indirect subsidiary of Shipper acts as a general partner, managing partner or manager and the securities of which have been offered and sold to investors.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Development Program means the implementation of the development plan.

  • Development Plans means a coherent set of operations defined and financed exclusively by the OCTs in the framework of their own policies and strategies of development, and those agreed upon between an OCT and the Member State to which it is linked;

  • Program means the statutorily authorized activities of the System Agency under which this Contract has been awarded.

  • Collaborative pharmacy practice agreement means a written and signed

  • Alternative education program means a school or separate class group designed to best serve students’ educational needs and interests and assist students in achieving the academic standards of the district and the state.

  • (3) PROGRAM.—The term program’ means

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Training program means an NCA-approved Iowa college, the Iowa law enforcement academy or an Iowa hospital approved by the department to conduct emergency medical care training.

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).