Draw-downs by NMVC Company under SBA's Leverage commitment.

CFR · 2024-01-01 · US · Title 13

(a) (b) (c) (2) (i) SBA determines that your outstanding violations are of non-substantive provisions of the Act or regulations or your Participation Agreement and that you have not repeatedly violated any non-substantive provisions; or (ii) You have agreed with SBA on a course of action to resolve your violations and such agreement does not prevent you from issuing Leverage. (d) (1) A statement certifying that there has been no material adverse change in your financial condition since your last (2) If your request is submitted more than 30 days following the end of your fiscal year, but before you have submitted your annual filing of SBA Form 468 (Long Form) in accordance with § 108.630(a), a preliminary unaudited annual financial statement on SBA Form 468 (Short Form). (3) A statement certifying that to the best of your knowledge and belief, you are in compliance with all provisions of the Act and SBA regulations (i.e., no unresolved regulatory or statutory violations) and your Participation Agreement, or a statement listing any specific violations you are aware of. Either statement must be executed by one of the following: (i) An officer of the NMVC Company; (ii) An officer of a corporate general partner of the NMVC Company; (iii) An individual who is authorized to act as or for a general partner of the NMVC Company; or (iv) An individual who is authorized to act as or for a member-manager of the NMVC Company. (4) A statement that the proceeds are needed to fund one or mor

official document · source cfr-2024 · id 13:§ 108.1230