Bridge Loan Commitment. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company herein set forth, the Lenders hereby agree to lend to the Company on the Closing Date $100,000,000.00 (one hundred million dollars) in the aggregate (the "Bridge Loan"), each such Lender committing, severally and not jointly, to lend the amount set forth next to such Lender's name on the signature pages hereto. The Lenders' commitments to make the Bridge Loan to the Company pursuant to this Section 2.1(a) are herein called individually, a "Bridge Loan Commitment" and collectively, the "Bridge Loan Commitments."
Bridge Loan Commitment. So long as any Loan (as defined in the Bridge Loan Agreement) is outstanding under the Bridge Loan Agreement or Santander has any obligation to make or maintain any credit extension under the Bridge Loan Agreement, the amount of $43,000,000; otherwise, $0 (zero).
Bridge Loan Commitment. Subject to the terms and conditions of this ---------------------- Agreement and in reliance upon the representations and warranties of the Borrower herein set forth, the Lenders hereby agree to lend to the Borrower on the Closing Date $65,000,000 in the aggregate (the "Bridge Loan"), each such Lender committing to lend the aggregate amount set forth next to such Lender's name on the signature pages hereto. The Lenders' commitments to make the Bridge Loan to the Borrower pursuant to this Section 2.1 A are herein called individually, the "Bridge Loan Commitment" and collectively, the "Bridge Loan Commitments."
Bridge Loan Commitment. Subject to the terms and conditions of ---------------------- this Agreement, the Lenders hereby agree to lend to the Borrower on the Closing Date $100,000,000 in the aggregate (the "Bridge Loan"), each such Lender committing to lend the amount set forth next to such Lender's name on the signature pages hereto. The Lenders' commitments to make the Bridge Loan to the Borrower pursuant to this SECTION 2.1A are herein called individually, the "Bridge Loan Commitment" and collectively, the "Bridge Loan Commitments."
Bridge Loan Commitment. Unless the Borrower elects the Eurodollar Rate as described below, the interest rate on outstanding principal amounts under the Bridge Loan Commitment is the lesser of (a) the Maximum Rate, or (b) the rate (the "BRIDGE RATE") that is equal to the sum of the Bank's Reference Rate plus 1.375%. Notwithstanding the foregoing, if at any time the Bridge Rate shall exceed the Maximum Rate and thereafter the Bridge Rate shall become less than the Maximum Rate, the rate of interest payable shall be the Maximum Rate until the Bank shall have received the amount of interest it otherwise would have received if the interest payable had not been limited by the Maximum Rate during the period of time the Bridge Rate exceeded the Maximum Rate.
Bridge Loan Commitment. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties of the Borrower set forth herein and in the other Loan Documents, the Bank agrees to make a Bridge Loan in the amount of the Bridge Loan Commitment. Up to $9,500,000 of the proceeds of the Bridge Loan shall be used solely by Borrower to purchase rights to and know how to manufacture the drug "Ponstel" from Warnxx-Xxxxxxx xxx Parkx Xxxxx & Xompany and up to $3,500,000 of the proceeds of the Bridge Loan shall be used solely by Borrower to purchase rights to and know how to manufacture the drug "Cognex" from Warnxx-Xxxxxxx xxx Parkx Xxxxx & Xompany. The Bridge Loan may be prepaid in whole or in part at any time without penalty, but shall be due in full on the Bridge Loan Maturity Date, unless the credit extended under the Bridge Loan is otherwise terminated or extended as provided in this Agreement.
Bridge Loan Commitment. Bridge Lender hereby agrees, subject to and upon the terms, covenants and conditions of this Agreement, to make Bridge Loan Advances, and each Borrower shall be entitled to obtain Bridge Loan Advances in the manner set forth in Section 2.2 with respect to Corporate Facility Advances, so long as each Bridge Loan Advance is made simultaneously with, and for the same purpose as, a Corporate Facility Advance; provided, that, (i) Borrowers shall not be entitled to obtain Bridge Loan Advances after December 31, 1995; (ii) each such Bridge Loan Advance must be in an amount which, when added to the Corporate Facility Advance made simultaneously therewith, does not exceed the limitation provided in Section 2.2 with respect to Corporate Facility Advances; and (iii) on any date of determination, the aggregate outstanding balances of Bridge Loan Advances shall never exceed the Bridge Loan Commitment.
Bridge Loan Commitment. (a) Subject to the terms and ---------------------- conditions of this Agreement and in reliance upon the representations and warranties of the Loan Parties herein set forth, PSCC hereby agrees to make Bridge Loans to the Borrower from time to time in an aggregate principal amount not exceeding $250,000,000 (the "Bridge Loan Commitment"). Following any sale, transfer or negotiation by PSCC pursuant to Section 11.2 hereof of any portion of the Bridge Loan Commitment to one or several new Lenders, the terms "Bridge Loan Commitment," individually, and "Bridge Loan Commitments," collectively, as used herein, shall refer to the commitment of each of PSCC and such new Lender or Lenders to make its pro rata portion of each Bridge Loan to the Borrower pursuant to this Section 2.
Bridge Loan Commitment. Each Lender severally agrees, on the terms and conditions set forth in this Section 2.26 and Section 4.2, to make (i) an Incremental Term Loan to the Company on the Third Amendment Effective Date in an amount equal to fifty percent of such Lender’s Bridge Loan Commitment (all of such Incremental Term Loans funded on such date, collectively, the “First Bridge Loan Advance”) and (ii) on or after July 1, 2015 but prior to July 30, 2015, an Incremental Term Loan to the Company in an amount equal to fifty percent of such Lender’s Bridge Loan Commitment (all of such Incremental Term Loans funded on such date, collectively, the “Second Bridge Loan Advance”). Amounts repaid or prepaid in respect of the Bridge Loan may not be reborrowed.
Bridge Loan Commitment. After giving effect to the making of the Bridge Loan, the aggregate principal amount of the Bridge Loan (excluding Bridge Loan PIK Interest) then outstanding shall not exceed the Total Bridge Loan Commitment at such time.
