SBA Approval definition

SBA Approval has the meaning set forth in Section 7.01(b)(ii).

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SBA Approval means the consent of the SBA to the transfer of the SBA Loans contemplated by this Agreement.

SBA Approval has the meaning specified in Section 6.03(c).

Examples of SBA Approval in a sentence

• Unless (i) Rand shall have received the SBA Approval or (ii) the SBA has provided confirmation to Rand that no approval from the SBA is required, in a manner that would allow the SBA Debentures to remain outstanding in accordance with their respective terms, Rand shall have delivered evidence to East of the payoff of, or the escrowing of funds in an amount sufficient to payoff, the SBA Debentures in accordance with SBA regulations.

• The SBA Approval shall have been obtained and the conditions to closing of the Other Formation Transactions shall have been duly satisfied or waived.

• The SBA Approval shall have been issued by the SBA and shall not contain any terms and conditions that are (a) unacceptable to CIM or Trust, in its reasonable discretion, or (b) inconsistent with this Agreement.

• SBA Approval of Merger and Release of SBA Liens..........................................

• The SBA Approval shall have been issued by the SBA and shall not contain any terms and conditions that are (a) unacceptable to either party, in its reasonable discretion, or (b) inconsistent with this Agreement.

• MBS = Match Basic Services SDT = At Stages During Task, SBA Approval UCTB = Upon Completion of Task, Board Approval UCTS = Upon Completion of Task, SBAApproval Additional Service Items: Total Fee Fee Code Pay Code Studies: 1.

• Each of Capital and Trust (a) shall use its commercially reasonable efforts, and shall take all actions as may be necessary, desirable or convenient, to obtain the approval of the SBA with respect to the Merger and the transactions contemplated hereby (the "SBA Approval") and (b) will comply at the earliest practicable date with any request for additional information received by it from the SBA.

• Other than the Federal Reserve Approval, FDIC Approval, OCC Approval and SBA Approval, no notice to, application or filing with, or Consent of, any Governmental Authority is necessary on the part of Purchaser or any of its Subsidiaries in connection with Purchaser’s execution, delivery or performance of this Agreement, and the consummation of the transactions contemplated hereby.

• A-32 Section 6.16 SBA Approval................................................

More Definitions of SBA Approval

SBA Approval has the meaning assigned to it in Section 4.4 hereof.

SBA Approval means any approvals required by the U.S. Small Business Administration (the “SBA”) to be obtained by Purchaser to consummate the transactions contemplated by this Agreement and approval required, if any, by the SBA to be obtained by the Bank for the Bank to be a licensed SBA lender. “Straddle Period” means any taxable year or period beginning prior to the Closing Date and ending after the Closing Date.