Bridge Funding Date definition

Bridge Funding Date has the meaning assigned to such term in Section 4.02.
Bridge Funding Date has the meaning assigned to such term in Section 2.01(b). “Bridge Termination Date” means June 30, 2022 (or, if such day is not a Business Day, the immediately preceding Business Day). “Bridge Commitment” means, with respect to each Bridge Lender, the commitment, if any, of such Bridge Lender to make a Bridge Loan hereunder, expressed as an amount representing the maximum principal amount of the Bridge Loan to be made by such Bridge Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to (i) assignments by or to such Bridge Lender pursuant to an Assignment and Assumption, (ii) a Refinancing Amendment, (iii) an Incremental Facility Amendment in respect of any Bridge Loans or (iv) a Loan Modification Agreement. The amount of each Bridge Lender’s Bridge Commitment as of the Incremental Amendment No. 1 Effective Date is set forth on Schedule I to Incremental Amendment No. 1 or in the Assignment and Assumption pursuant to which such Bridge Lender shall have assumed its Bridge Commitment, Incremental Facility Amendment, Loan Modification Agreement or Refinancing Amendment, as the case may be. As of the Incremental Amendment No. 1 Effective Date, the total Bridge Commitment was Euro 200,000,000, and as of the Amendment No. 2 Effective Date, the total Bridge Commitment is $220,000,000. “Bridge Lender” means a Lender with a Bridge Commitment or an outstanding Bridge Loan. “Bridge Loans” means the Loans made to the Borrower pursuant to Section 2.01(b)
Bridge Funding Date means the date on which the conditions precedent specified in Sections 4.02 and 4.03 have been satisfied (or waived in accordance with Section 10.02) and Bridge Loans are first required to be funded pursuant to Section 2.01(bb).

Examples of Bridge Funding Date in a sentence

  • Condition 5 in Section I of this Annex C shall have been satisfied on such High Yield Bridge Funding Date.

  • Condition 3 in Section I of this Annex C shall have been satisfied on such High Yield Bridge Funding Date.

  • Unless previously terminated, the Commitments shall terminate on the Bridge Funding Date or the date on which the Commitments are reduced to zero pursuant to Section 2.01(b); provided that, if both the Bridge Funding Date and the Transaction Closing Date have not occurred prior to the Early Commitment Termination Date, then the Commitments shall terminate on the Early Commitment Termination Date.

  • On the Bridge Funding Date, the Administrative Agent will deposit the proceeds of the Loans into the Collateral Account (if the Transaction Closing Date does not occur on the same date) and will release such funds (or make such funds available) on the Transaction Closing Date to the Borrower for the purposes of funding the Separation Transactions on such date as contemplated in Section 5.08(a).

  • The loans under the Bridge Credit Agreement would have been made in a single borrowing on the Bridge Funding Date and would have matured and been payable in full on the date that was 364 days after the Bridge Funding Date unless extended pursuant to the terms of the Bridge Credit Agreement.

  • Brief narratives are requested that specify the proposed services, document qualifications and a demonstrated performance track record in providing the proposed services.

  • Condition 7 in Section I of this Annex C shall have been satisfied on such High Yield Bridge Funding Date.

  • All fees and expenses required to be paid on the Bridge Funding Date pursuant to documentation related to the Transactions entered into among the Borrower, the Lead Arrangers or the Bridge Lenders, in each case to the extent invoiced at least three business days prior to the Bridge Funding Date, shall have been paid (which amounts may be offset against the proceeds of the Bridge Facility).

  • The Specified Merger Agreement Representations shall be true and correct as of the Bridge Funding Date (except, in the case of any Specified Merger Agreement Representation which expressly relates to a given date or period, such representation and warranty shall be true and correct as of the respective date or for the respective period, as the case may be).

  • The Administrative Agent, the Lead Arrangers and the Committed Lenders shall have received, at least three business days prior to the Bridge Funding Date, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act, that has been reasonably requested by the Administrative Agent, the Lead Arrangers and/or the Committed Lenders at least 10 days in advance of the Bridge Funding Date.


More Definitions of Bridge Funding Date

Bridge Funding Date means the date on which the conditions precedent specified in Sections 4.02 and 4.03 have been satisfied (or waived in accordance with Section 10.02) and Bridge Loans are first required to be funded pursuant toSection 2.01(bb).

Related to Bridge Funding Date

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Pre-Funding Period The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Refunding Date as defined in Section 2.7.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Original Closing Date means March 21, 2013.

  • Next Equity Financing means the next sale (or series of related sales) by the Company of its Preferred Stock following the Date of Issuance from which the Company receives gross proceeds of not less than $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale (or series of related sales)).

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

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

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Initial Loan is defined in Section 2.1.

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.