Common use of Bridge Facility Clause in Contracts

Bridge Facility. General § The members of the Ad Hoc Committee shall provide a $50 million Bridge Facility to the Company Parties, in the form of a pari passu senior secured multiple draw term loan facility, in accordance with the Approved Budget and the terms and conditions set forth in the Bride Facility Term Sheet and such other terms and conditions acceptable to the Required Consenting Senior Noteholders.

Appears in 2 contracts

Sources: Restructuring Support Agreement (Ayr Wellness Inc.), Restructuring Support Agreement (Ayr Wellness Inc.)