SBA Guaranty definition

SBA Guaranty means the guaranty of a certain percentage of a Transferred CIT Bank 7(a) Loan as evidenced by an SBA Loan Authorization.

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SBA Guaranty means the guaranty agreement(s) executed and delivered by the SBA in connection with each of the SBA 7(a) Loans.

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.

Examples of SBA Guaranty in a sentence

• If the loan is approved in the next fiscal year, the SBA Guaranty Fee may be different.

• They are comprised of the Central Servicing Agent (CSA) fee of one-tenth of 1% (.10 of 1%); the CDC servicing fee of 5/8 of 1% (.625 of 1%); and the SBA Guaranty fee of 364/1000 of 1% (.364 of 1%).

• The SBA Guaranty fee for the permanent debt refinance program is 259.0/1000 of 1% (.2590 of 1%).

• They are comprised of the Central Servicing Agent (CSA) fee of one-tenth of 1% (.10 of 1%); the CDC servicing fee of 5/8 of 1% (.625 of 1%); and the SBA Guaranty fee of 331/1000 of 1% (.331 of 1%).

• In addition, both Parties acknowledge that subsequent to the Closing Date, the SBA reserves the right to dishonor an SBA Guaranty in certain circumstances relating to the actions or inactions of the Seller in connection with the originating or servicing of the Loans.

• They are comprised of the Central Servicing Agent (CSA) fee of one-tenth of 1% (.10 of 1%); the CDC servicing fee of 5/8 of 1% (.625 of 1%); and the SBA Guaranty fee of 247.5/1000 of 1% (.2475 of 1%).

• Except as listed on Schedule 2.29, CCC is not in violation or breach of any provision of the SBA License or the SBA Guaranty Agreement.

• Lender shall have the right to establish, modify or eliminate Reserves against Eligible SBA 7(a) Note Receivables from time to time in its reasonable credit judgment, including, without limitation the SBA Guaranty Reserve.

• They are comprised of the Central Servicing Agent (CSA) fee of one-tenth of 1% (.10 of 1%); the CDC servicing fee of 5/8 of 1% (.625 of 1%); and the SBA Guaranty fee of 451.7/1000 of 1% (.4517 of 1%).

• Lender Borrower Address Address Contact Person Telephone Date of 750 Agreement Percent of SBA Guaranty Date of Note Original Face Amount $ SBA Loan Authorization Date (Date of SBA Form 529B) Outstanding Principal Amount of Loan $ Outstanding Principal Amount of Guaranteed Interest $ (This is the "Par Value") [Date] Date of First Disbursement of Loan [Date] Date of Final Disbursement of Loan [Date] Guaranteed portion has a [ ] fixed rate or [ ] variable rate (check one).

More Definitions of SBA Guaranty

SBA Guaranty means an effective, in force, guaranty of an S.B.A. Guaranteed Loan issued by the S.B.A. under its section 7(a) program in the form of S.B.A. Form 529B.

SBA Guaranty means that certain Guaranty Agreement dated as of June ------------ 1, 1999 by and between MFC and the SBA relating to the Guaranteed Obligations.