Bridge Fee definition

Bridge Fee means the fee payable to the Limited Partner in the event that the Partnership fails to satisfy, within 75 days of payment of the Capital Contribution amount provided for under Section 7.2(a), all of the conditions except the Acquisition Committee Approval that are required for the payment of the Capital Contribution amount provided for under Section 7.2(b). The Bridge Fee shall be in an amount equal to _____% of the amount of the Capital Contribution provided for under Section 7.2(a) times and shall be paid by reducing the Limited Partner's payment of the Capital Contribution amount provided for under Section 7.2(b) by an amount equal thereto.
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Bridge Fee means an amount equal to 1% of the Evergreen Funded Amount.
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Bridge Fee shall have the meaning set forth in SECTION 9.19.
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Examples of Bridge Fee in a sentence

  • The validity and interpretation of this Bridge Commitment Letter and the Bridge Fee Letter shall be governed by, and construed and enforced in accordance with, the laws of the State of New York applicable to agreements made and to be fully performed therein (excluding the conflicts of laws rules).

  • Time shall be of the essence whenever and wherever a date or period of time is prescribed or referred to in this Bridge Commitment Letter or the Bridge Fee Letter.

  • In addition, Financeco and Mergerco and their respective advisors may make such public disclosure of this Bridge Commitment Letter, the Bridge Fee Letter and the Bridge Engagement Letter as may be compelled in a judicial or administrative proceeding or as is required by law or regulation of the Securities and Exchange Commission (in which case you agree to inform us promptly thereof).

  • This Bridge Commitment Letter and the Bridge Fee Letter embody the entire agreement and understanding of the parties hereto with respect to the subject matter hereof and thereof and supersede any and all prior agreements and understandings relating to the matters provided for herein and therein.

  • Borrower may prepay this Note in full or in part at any time by tendering to Lender the principal amount outstanding hereunder, plus the Bridge Fee, plus all accrued and unpaid interest and applicable charges, if any.

  • This Bridge Commitment Letter and the Bridge Fee Letter may each be executed in one or more counterparts, all of which, taken together, shall constitute one and the same agreement.

  • No alteration, waiver, amendment or supplement of or to this Bridge Commitment Letter or the Bridge Fee Letter shall be binding or effective unless the same is set forth in a writing signed by a duly authorized representative of each party hereto or thereto.

  • Upon payment of the Infrastructure Supplemental Fee and the ▇▇▇▇▇▇▇▇ Bridge Fee (if applicable) for a specific parcel, Developer may request the City release the Restrictive Covenant Waiving Right of Remonstrance for Formation of Local Improvement District (“Waiver of Remonstrance”) that has been recorded against the parcel.

  • If the Tenant Improvements requested by Tenant cause the Bridge Fee relating to the Property to exceed for any reason the Current Bridge Fee, then Tenant shall be responsible for paying for the amount of such increase in the Bridge Fee for the entire Property.

  • The Buyer Parties have delivered to the Seller Parties a true and complete copy of the executed Bridge Commitment Letter and the Redacted Bridge Fee Letter, neither of which has been amended, restated or otherwise modified or waived in any manner prior to the date of this Agreement.


More Definitions of Bridge Fee

Bridge Fee means a fee payable by the Borrower to the Administrative Agent, for the ratable benefit of the Lenders, in the amount of $3,000,000, which shall have been earned and due and payable on the First Amendment Effective Date and paid from the proceeds of the Term Loan B by charging the Borrower's Loan Account in accordance with Section 2.01(b)(iii) herein.
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