Bridge Financings definition

Bridge Financings means the bridge financings transacted pursuant to those certain Subscription Agreements, dated as of July 24, 2008 and as of December 4, 2008, pursuant to which the Company issued Bridge Notes and Bridge Warrants to the Investors party to each such agreement.
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Bridge Financings means, collectively, the First Bridge Funding, the Second Bridge Funding and the Third Bridge Funding (or any of them).
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Bridge Financings means Indebtedness of Borrower or its Subsidiaries in the nature of bridge financings to effect acquisitions of Fee Interests or Mortgage Interests by Borrower or its Subsidiaries so long as the final date for payment or other settlement of all such bridge financing Indebtedness is less than one year from the date of its incurrence or issuance.
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Examples of Bridge Financings in a sentence

  • Except in connection with the Bridge Financings, there shall not have been any occurrence, event, incident, action, failure to act, or transaction since August 27, 2010 (date of inception) which has had or is reasonably likely to cause a Company Material Adverse Effect.

  • Bridge Financing may be provided to any single Portfolio Company only to the extent that the sum of the Partnership's investment in such Portfolio Company, including Portfolio Securities, Bridge Financings and the amount of any guarantees, shall not exceed the lesser of (i) fifteen percent (15%) of the Partnership's aggregate Capital Commitments, or (ii) the remaining unfunded Commitments as of the date of such Bridge Financing.

  • Parent and the Company agree to cooperate and use all commercially reasonable efforts to procure one or more Bridge Financings in an amount sufficient to allow the Company to continue to operate in accordance with its current business plan and projections during the period commencing on the date of this Agreement through the Closing Date.

  • In addition, the Placement Agent Warrants required to be issued pursuant to Section 4 of the Original Agreement in connection with the Bridge Financings shall be issued on the date that the Placement Agent Warrants required to be issued in connection with the closing of the Private Placement are issued.

  • Section 9(a) of the Original Agreement is hereby amended by deleting such Section in its entirety and replacing it with the following: Upon the closing of the first $500,000 of Bridge Financings, the Placement Agent shall have the right to appoint one person as either a member of the Company’s Board of Directors or as an Observer to the Board of Directors to be compensated on the same basis as an outside Board member.

  • COSTS All fees and expenses relating to the Bridge Notes, the Additional Bridge Notes, the Bridge Financing and the Additional Bridge Financing(s), including but not limited to legal and accounting fees, will be payable at each closing of the Bridge Notes or the Additional Bridge Notes, as the case may be, from the proceeds thereof.

  • The net proceeds of the Bridge Notes and the Bridge Financing, and the Additional Bridge Notes and the Additional Bridge Financing(s), will be used as described above, and the net proceeds of the PPO will be used as set forth on Exhibit A hereto.

  • Upon successful completion of one or more pre-Merger Bridge Financing(s) by the Parties as described in Section 10(ix), Pathogenics shall receive the lesser of 28.5% of the proceeds or $100,000 per month until the Closing, plus the sum of $50,000 as required for the payment of S-4 registration statement legal fees, and Egenix shall receive the lesser of 71.5% of the proceeds or $250,000 per month until the Closing.

  • For the purposes of this Section 11.1(c), (A) capital held by the Partnership in Temporary Investments pending investment in Portfolio Investments will earn the actual amount of interest earned by the Partnership thereon and (B) capital invested by the Partnership in Portfolio Investments or Bridge Financings will earn the - Applicable Federal Rate, determined on and calculated from the date on which such capital was invested by the Partnership.

  • SCHEDULE 1.1 List of Bridge Financings Entered into Prior to the Date of the Agreement An amount of approximately $4,000,000, in a form of a guarantee, or any other form of Bridge Financing, provided and to be provided by Gemini Israel Funds and Xxxxx Ventures Ltd.

Related to Bridge Financings

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • Financings shall have the meaning set forth in Section 5.1(a).

  • New Financing has the meaning specified in Section 2.04(a).

  • Debt Financing has the meaning set forth in Section 5.7.

  • Refinancings shall have a meaning correlative thereto.

  • Refinancing Transactions means the issuance and sale of the Notes pursuant to the Offering Memorandum, the incurrence of indebtedness on or about the Issue Date pursuant to any Credit Agreement and/or the repricing, refinancing, amendment, restatement or supplement, in whole or in part, of any Credit Agreement and the redemption (including any satisfaction and discharge in connection therewith) of all of the Company’s outstanding 7.875% Senior Notes due 2019 and the payment of fees and expenses in connection therewith.

  • Exit Financing means the financing under the Exit Facility.

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, (b) the borrowing of Loans hereunder and the use of the proceeds thereof and (c) the issuance, amendment or extension of Letters of Credit hereunder and the use of proceeds thereof.

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • Permitted Financing means (i) the Company’s issuance of Common Stock and warrants therefore in connection with a merger and/or acquisition or consolidation, (ii) the issuance of shares of Common Stock or warrants therefore in connection with strategic license agreements so long as such issuances are not for the purpose of raising capital, (iii) the Company’s issuance of Common Stock or the issuance or grants of options to purchase Common Stock pursuant to the Company’s stock option plans and employee stock purchase plans as they now exist, and (iv) the issuance of Common Stock upon the exercise or conversion of any securities outstanding on the date hereof.

  • Bridge means a structure including supports erected over a depression or an obstruction, such as water, a highway, or a railway, for the purposes of carrying traffic or other moving loads, and having an opening measuring along the center of the roadway of more than 20 feet between undercopings of abutments or spring lines of arches, or extreme ends of openings for multiple boxes where the clear distance between openings is less than 1/2 of the smaller contiguous opening.

  • Debt Financing Documents means the agreements, documents and certificates contemplated by the Debt Financing.

  • Concurrent Financing means the various third party financing arrangements the Company is executing pursuant to the agreements described on Schedule 2.1(c)(i) (the “Concurrent Financing”) separate and apart from the transactions contemplated by this Agreement.

  • Equity Financing means the next sale (or series of related sales) by the Company of its Equity Securities to one or more third parties following the date of this instrument from which the Company receives gross proceeds of not less than $1,000,000 cash or cash equivalent (excluding the conversion of any instruments convertible into or exercisable or exchangeable for Capital Stock, such as SAFEs or convertible promissory notes) with the principal purpose of raising capital.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Additional Financing means the sale by the Company of additional Units as contemplated by the registration statement on Form SB-2 filed by the Company with the SEC on September 13, 2006, as amended from time to time thereafter.

  • Refinancing Debt means Debt that refunds, refinances, renews, replaces or extends any Debt permitted to be Incurred by the Company or any Restricted Subsidiary pursuant to the terms of this Indenture, whether involving the same or any other lender or creditor or group of lenders or creditors, but only to the extent that

  • Permitted Refinancing Indebtedness means any Indebtedness of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to renew, refund, refinance, replace, defease or discharge other Indebtedness of the Company or any of its Restricted Subsidiaries (other than intercompany Indebtedness); provided that:

  • Refinancing Notes means any secured or unsecured notes or loans issued by the Borrower or any Subsidiary Loan Party (whether under an indenture, a credit agreement or otherwise) and the Indebtedness represented thereby; provided, that (a) (i) 100% of the Net Proceeds of such Refinancing Notes that are secured on a pari passu basis with the Term B Loans are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof or (ii) 90% of the Net Proceeds of any other Refinancing Notes are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof; (b) the principal amount (or accreted value, if applicable) of such Refinancing Notes does not exceed the principal amount (or accreted value, if applicable) of the aggregate portion of the Loans so reduced and/or Commitments so replaced (plus unpaid accrued interest and premium (including tender premiums) thereon and underwriting discounts, defeasance costs, fees, commissions and expenses); (c) the final maturity date of such Refinancing Notes is on or after the Term Facility Maturity Date or the Revolving Facility Maturity Date, as applicable, of the Term Loans so reduced or the Revolving Facility Commitments so replaced; (d) the Weighted Average Life to Maturity of such Refinancing Notes is greater than or equal to the Weighted Average Life to Maturity of the Term Loans so reduced or the Revolving Facility Commitments so replaced, as applicable; (e) in the case of Refinancing Notes in the form of notes issued under an indenture, the terms thereof do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the Term Facility Maturity Date of the Term Loans so reduced or the Revolving Facility Maturity Date of the Revolving Facility Commitments so replaced, as applicable (other than customary offers to repurchase or mandatory prepayment provisions upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default); (f) the other terms of such Refinancing Notes (other than interest rates, fees, floors, funding discounts and redemption or prepayment premiums and other pricing terms), taken as a whole, are substantially similar to, or not materially less favorable to the Borrower and its Subsidiaries than the terms, taken as a whole, applicable to the Term B Loans (except for covenants or other provisions applicable only to periods after the Latest Maturity Date in effect at the time such Refinancing Notes are issued or are otherwise reasonably acceptable to the Administrative Agent), as determined by the Borrower in good faith (or, if more restrictive, the Loan Documents are amended to contain such more restrictive terms to the extent required to satisfy the foregoing standard); (g) there shall be no obligor in respect of such Refinancing Notes that is not a Loan Party; and (h) Refinancing Notes that are secured by Collateral shall be subject to the provisions of a Permitted Pari Passu Intercreditor Agreement or a Permitted Junior Intercreditor Agreement, as applicable.

  • Financing Commitments has the meaning set forth in Section 5.7.