SBA Act definition

SBA Act means the Small Business Investment Act of 1958, as amended.

SBA Act means the Small Business Act of 1953, as the same may be amended from time to time.

SBA Act has the meaning set forth in Section 3.1(yy).

Examples of SBA Act in a sentence

• Section 18(k) makes the asset coverage and other requirements of subparagraphs (A) and (B) of paragraph (1) of Section 18(a) inapplicable to investment companies operating under the SBA Act.

• Medley SBIC was organized as a limited partnership under the laws of the state of Delaware on February 8, 2012, and submitted an application for a license to operate as an SBIC under the SBA Act with the SBA on December 9, 2011 (the “SBIC Application”).

• Capital Southwest SBIC (and any other SBIC Subsidiary) will be regulated by the SBA and operate under the SBA Act.

• However, companies operating under the SBA Act, such as TCPC SBIC (and any other SBIC Subsidiary), are subject to the SBA’s substantial regulation of permissible leverage in their capital structure.

• TCPC SBIC received its license from the SBA on April 17, 2014 to operate as an SBIC under the SBA Act.

More Definitions of SBA Act

SBA Act means the Small Business Investment Act of 1958, as amended, and the regulations promulgated thereunder.

SBA Act has the meaning set forth in Section 4.25 hereof.

SBA Act means the Small Business Act of 1953, as the same may be amended from time to time. “SBA Lender’s License” means that authority given to a lender by the SBA to make SBA 7(a) Loans as permitted under the SBA Act, as amended and further authorized by the SBA in CFR Title 13 Part 120-470 and 471, as amended. “SBA Rules and Regulations” means the SBA Act, as amended, any other legislation binding on SBA relating to financial transactions, any “Loan Guaranty Agreement”, all rules and regulations promulgated from time to time under the SBA Act, and SBA Standard Operating Procedures and any Official Notices issued by the SBA, all as from time to time in effect. “SBA 7(a) Guaranteed Note Receivable”means that portion of any SBA 7

SBA Act means the Small Business Act (15 U.S.C. 636(a)), as amended.

SBA Act shall have the meaning given to it in Section 3.33.

SBA Act has the meaning set forth in 0 hereof.

SBA Act means the Small Business Act of 1953, codified at 15 U.S.C. 631 et. seq., as the same may be amended from time to time. “SBA Authorization” means, with respect to a SBA Loan, the Authorization for Debenture Guarantee (SBA 504 loan) from the SBA issued under the SBA 504 Loan Program providing the terms and conditions under which the SBA will guarantee a debenture the proceeds of which will be used to refinance a SBA Loan. “SBA Guaranty” means, with respect to any SBA Loan, the guarantee by the SBA of the debenture backing such SBA Loan under the SBA 504 Loan Program. “SBA Loan” means a Loan or any other extension of credit made in compliance with the SBA 504 Loan Program to finance a Project. “SBA Loan Borrowing Base Inclusion Criteria” means, with respect to any SBA Loan, the following criteria: - 33- 34881204v6 110062879