Bridge Documentation definition
Examples of Bridge Documentation in a sentence
Subject to the Bridge Documentation Principles, usual and customary for financings of this type.
Notwithstanding the foregoing, the Senior Subordinated Bridge Documentation will contain only those mandatory repayments, representations, warranties, covenants and events of default expressly set forth (or referred to) in this Term Sheet, and only the conditions to borrowing set forth or referred to in Exhibit D to the Commitment Letter (subject to the Funds Certain Provisions).
The Senior Subordinated Bridge Documentation will contain representations and warranties relating to the Borrower and its subsidiaries substantially similar to those contained in the Existing Credit Agreement, with such changes as are appropriate to reflect the bridge loan nature of the Senior Subordinated Bridge Loans (and in any event such representations and warranties shall be no more restrictive to the Borrower and its subsidiaries than those set forth in the Existing Credit Agreement).
Affirmative Covenants: Subject to the Bridge Documentation Principles, usual and customary for financings of this type including, without limitation, a covenant to provide and to record mortgages, in form and substance reasonably satisfactory to the Initial Lenders, with respect to the Bridge Facility Properties within (but no earlier than) 60 calendar days after the Delayed Draw Closing Date to the extent any Bridge Loans remain outstanding on such date (subject to a grace period of 60 calendar days).
Expenses and Indemnification: Subject to the Bridge Documentation Principles, usual and customary for financings of this type.
The Senior Subordinated Bridge Documentation shall contain language to address the European Union bail-in rules (including in a representation and in “Defaulting Lenders” provisions) in a form reasonably satisfactory to the Borrower and the Bridge Facility Administrative Agent.
The Senior Bridge Documentation shall not contain any financial maintenance covenants.
The Senior Bridge Documentation will contain representations and warranties relating to the Parent and its subsidiaries substantially similar to those contained in the Existing Credit Agreement, with such changes as are appropriate to reflect the bridge loan nature of the Senior Bridge Loans (and in any event such representations and warranties shall be no more restrictive to the Parent and its subsidiaries than those set forth in the Existing Credit Agreement).
Affirmative and incurrence-based negative covenants customary for senior unsecured high-yield senior debt offerings, based on customary senior unsecured high-yield debt securities (consistent with the Bridge Documentation Principles).
Representations and Warranties: Subject to the Bridge Documentation Principles, usual and customary for financings of this type.