SBIC Entities definition

SBIC Entities means THL Credit SBIC GP, LLC and THL Credit SBIC, LP.
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SBIC Entities means each of (1) Main Street Mezzanine Fund, LP, (2) Main Street Mezzanine Management, LLC, (3) Main Street Capital II, LP, (4) Main Street Capital II GP, LLC, (5) MSCII Equity Interests, LLC and (6) any other future “small business investment company” owned, directly or indirectly, by Borrower that is governed by the Restrictive Provisions.
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SBIC Entities means each of (1) Triangle Mezzanine Fund LLLP, a North Carolina limited liability limited partnership, (2) Triangle Mezzanine Fund II LP, a Delaware limited partnership, (3) Triangle Mezzanine Fund III, LP, a Delaware limited partnership, (4) any other future “small business investment company” owned, directly or indirectly, by the Borrower, and (5) any Subsidiary, general partner or blocker corporation of an SBIC Entity.
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Examples of SBIC Entities in a sentence

  • Loans or advances to owners of Borrower’s Capital Securities, or to directors, officers, managers or employees of Borrower and its Consolidated Subsidiaries.Notwithstanding the fact that the SBIC Entities and the SPV Subsidiaries are not Loan Parties, the SBIC Entities and the SPV Subsidiaries shall be included for purposes of calculating Consolidated Tangible Net Worth and the Asset Coverage Ratio.

  • No Loan Party or Subsidiary of a Loan Party shall directly or indirectly issue, assume, create, incur or suffer to exist any Debt or the equivalent (including obligations under capital leases), except for: (a) the Debt owed to the Lenders and Hedge Counterparties under the Loan Documents; (b) Debt of SBIC Entities incurred in the ordinary course of business and (c) the Debt existing and outstanding on the Closing Date described on Schedule 5.30.

  • The relief requested would also permit the Golub SBIC Entities, existing SBICs, to transfer unused SBA approved commitments currently held by the Golub SBIC Entities to Golub SBIC and permit Golub SBIC to reimburse the Golub SBIC Entities for the one percent commitment fee they paid the SBA at the time the commitments were issued.


More Definitions of SBIC Entities

SBIC Entities means each of (1) Main Street Mezzanine Fund, LP, (2) Main Street Mezzanine Management, LLC,
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SBIC Entities means each of Main Street Mezzanine Fund, LP and Main Street Mezzanine Management, LLC and any future “small business investment company” owned, directly or indirectly, by Borrower that is governed by the Restricted Provisions.
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SBIC Entities means each of (1) Main Street Mezzanine Fund, LP, (2) Main Street Mezzanine Management, LLC, (3) Main Street Capital II, LP, (4) Main Street Capital II GP, LLC, (5) Main Street Capital III, LP, (6) Main Street Capital III GP, LLC and (7) any other future “small business investment company” that is governed by the Restrictive Provisions or any other company that has applied for a license under the Small Business Investment Act of 1958 and is actively
Sample 1
SBIC Entities means each of (1) Triangle Mezzanine Fund LLLP, a North Carolina limited liability limited partnership, (2) Triangle Mezzanine Fund II LP, a Delaware limited partnership, (3) Triangle Mezzanine Fund III, LP, a Delaware limited partnership, (4) any other future “small business investment company” owned, directly or indirectly, by the Borrower, and (5) any Subsidiary, general partner or blocker corporation of an entity described in clauses (1) through (4); provided, that with respect to the entities described in clause (4) above, before such entity acquires any assets or liabilities or otherwise engages in any business, such entity has become licensed as a “small business investment company” by the SBA (or has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958. Each entity described in subclauses (1) through (4) (and any Subsidiary, general partner and blocker corporation of such entity) shall continue to be an “SBIC Entity” until such time as all of the following have occurred with respect to such entity: (i) all SBIC debentures of such entity have been indefeasibly paid in full and no obligations remain outstanding thereunder (as evidenced in writing the SBA), (ii) there are no Liens on the assets of such entity securing the SBA Debt of such entity, (iii) after such entity has obtained its SBIC license, such entity has either voluntarily or involuntarily surrendered its SBIC license (as evidenced in writing by the SBA), (iv) there are no further legal, business or operational relationships in existence between such entity and the SBA, and (v) such entity may become a party to and agree to be bound by the terms of this Agreement and the other Loan Documents as a Guarantor (including pledging its assets as Collateral) without creating an Event of Default or triggering a mandatory prepayment event.
Sample 1
SBIC Entities means each of (1) Main Street Mezzanine Fund, LP, (2) Main Street Mezzanine Management, LLC, (3) Main Street Capital II, LP, (4) Main Street Capital II GP, LLC, (5) Main Street Capital III, LP, (6) Main Street Capital III GP, LLC and (7) any other future “small business investment company” that is governed by the Restrictive Provisions or 56 767077577.9 any other company that has applied for a license under the Small Business Investment Act of 1958 and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted, is owned, directly or indirectly, by Borrower, xxx xxat has been designated by the Borrower as described below (in each case, including such company’s general partner or managing entity to the extent that the only material asset of such general partner or managing entity is its equity interests in the SBIC Entity); provided, in the case of clause (7), (a) no portion of the Debt or any other obligations (contingent or otherwise) of such Subsidiary: (i) is Guaranteed by any Loan Party (other than a Permitted SBIC Guarantee or analogous commitment), (ii) is recourse to or obligates any Loan Party in any way (other than in respect of any SBIC Equity Commitment, Permitted SBIC Guarantee or analogous commitment), or (iii) subjects any property of any Loan Party, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than equity interests in any SBIC Entity pledged to secure such Debt, and (b) no Loan Party has any obligation to maintain or preserve such Subsidiary’s financial condition or cause such entity to achieve certain levels of operating results (other than in respect of any SBIC Equity Commitment, Permitted SBIC Guarantee or analogous commitment). Any designation by the Borrower pursuant to clause (7) shall be effected pursuant to a certificate of a Responsible Officer delivered to the Administrative Agent, which certificate shall include a statement to the effect that, to the best of such officer’s knowledge, such designation complied with the foregoing conditions.
Sample 1
SBIC Entities means each of (1) Main Street Mezzanine Fund, LP, (2) Main Street Mezzanine Management, LLC, (3) Main Street Capital II, LP, (4) Main Street Capital II GP, LLC, (5) Main Street Capital III, LP, (6) Main Street Capital III GP, LLC and (7) any other future “small business investment company” owned, directly or indirectly, by Borrower that is governed by the Restrictive Provisions or any other company that has applied for a license under the Small Business Investment Act of 1958 and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted, is owned, directly or indirectly, by Borrower , and that has been designated by the Borrower as described below (in each case, including such company’s general partner or managing entity to the extent that the only material asset of such general partner or managing entity is its equity interests in the SBIC Entity); provided, in the case of clause (7), (a) no portion of the Debt or any other obligations (contingent or otherwise) of such Subsidiary: (i) is Guaranteed by any Loan Party (other than a Permitted SBIC Guarantee or analogous commitment), (ii) is recourse to or obligates any Loan Party in any way (other than in respect of any SBIC Equity Commitment, Permitted SBIC Guarantee or analogous commitment), or (iii) subjects any property of any Loan Party, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than equity interests in any SBIC Entity pledged to secure such Debt, and (b) no Loan Party has any obligation to maintain or preserve such Subsidiary’s financial condition or cause such entity to achieve certain levels of operating results (other than in respect of any SBIC Equity Commitment, Permitted SBIC Guarantee or analogous commitment). Any designation by the Borrower pursuant to clause (7) shall be effected pursuant to a certificate of a Responsible Officer delivered to the Administrative Agent, which certificate shall include a statement to the effect that, to the best of such officer’s knowledge, such designation complied with the
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Related to SBIC Entities

  • Public entity means this State, a political subdivision of this STATE or an agency, board, commission or department of this state or a political subdivision of this state.

  • Acquired Entities means the Company and the Company Subsidiary.

  • Target Companies means the Target and its Subsidiaries.

  • Group Companies means the Company and its Subsidiaries.

  • Restricted Persons shall have the meaning assigned to such term in Section 6.9(i).

  • Excluded Entities has the meaning set forth in Section 2.2(b)(iv).

  • Company Entities means the Company and the Company Subsidiaries.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Covered Entities have the meanings stated in Section 1(a) of the Parent Support Agreement.

  • Released Entities means released entities as such term is defined

  • Group Members the collective reference to the Borrower and its Subsidiaries.

  • Transaction Parties As defined in Section 5.3(o).

  • CCR means California Code of Regulations.