Bridge Lender definition

Bridge Lender means a Lender with a Bridge Commitment or an outstanding Bridge Loan.

Bridge Lender means each lender with a Bridge Loan Commitment set forth on Schedule 2.2 and any Person that shall have become a party hereto pursuant to an Assignment Agreement in respect of a Bridge Loan, other than any such Person that ceases to be a party hereto pursuant to an Assignment Agreement in respect of a Bridge Loan.

Bridge Lender means ING Capital LLC, in its capacity as agent and lender under the Bridge Facility.

Examples of Bridge Lender in a sentence

• Collateral Payments In consideration of and as a condition to the disbursement of Bond proceeds in the Project Fund for Development costs, and to secure the Borrower’s obligation to make Loan Payments, the Borrower shall direct the Lender and/or the Bridge Lender, pursuant to the terms of the Disbursement Agreement, to deliver or cause to be delivered to the Trustee at least one Business Day before each such disbursement, Collateral Payments equal to the amount of such disbursement from the Project Fund.

• Mortgage Loan to Borrower The Borrower shall have obtained the Mortgage Loan from the Lender prior to or simultaneously with the execution and delivery of the Loan Agreement, and the Borrower shall enter into the Disbursement Agreement with the Lender, the Issuer, the Bridge Lender and the Trustee simultaneously with the execution and delivery of the Loan Agreement to provide for the delivery of a portion of the Collateral Payments.

• Disbursement Agreement In accordance with the terms of the Disbursement Agreement, the Borrower will direct the Lender and/or the Bridge Lender to deliver Eligible Funds to the Trustee as Collateral Payments for deposit into the Collateral Fund in exchange for the Trustee disbursing an equal amount of Bond proceeds from the Project Fund under the Indenture pursuant to and consistent with the Loan Agreement and the Indenture.

• Collateral Assignment of Loan Documents made by BCAG for the benefit of Bridge Lender Leverage Loan Documents 1.

• The Loan Agreement requires the Borrower to cause the Lender and/or the Bridge Lender, pursuant to the terms of the Disbursement Agreement, to make Collateral Payments to the Trustee for deposit into the Collateral Fund in a principal amount equal to, and as a prerequisite to the disbursement of, the amount of Bond proceeds on deposit in the Project Fund to be disbursed by the Trustee to pay costs of the Development.

More Definitions of Bridge Lender

Bridge Lender means Casa Del Pueblo Investor 2015, LLC, a Massachusetts limited liability company, and its permitted successors and assigns, in its capacity as lender of the Bridge Loan to the Borrower.

Bridge Lender means Royal Gold.

Bridge Lender means (a) a lender that holds Bridge Loans and/or Bridge Commitments and (b) each Person that shall become a Bridge Lender hereunder pursuant to an Assignment and Assumption that assumes Bridge Loans and/or Bridge Commitments, in each case, so long as such lender continues to hold such Bridge Loans and/or Bridge Commitments.

Bridge Lender means Barclays Bank PLC.

Bridge Lender means at any time, (a) on or prior to the Closing Date, any Lender that has a Bridge Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Bridge Loans at such time.

Bridge Lender means, at any time, a lender under the Bridge Facility Agreement at that time (and includes such lender as the holder of any rollover loan or exchange notes issued thereunder).

Bridge Lender means a Lender with a Bridge Commitment or an outstanding Bridge Loan. “Bridge Loans” means the Loans made pursuant to Section 2.01(b). “Business Day” means (i) subject to clauses (ii) and (iii) below, any day that is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by Requirements of Law to remain closed, (ii) with respect to all notices and determinations in connection with, and payments of principal and interest on or with respect to Loans denominated in Euros, any day that is a Business Day described in clause (i) and that is also a TARGET Day, (iii) with respect to all notices and determinations in connection with, and payments of principal and interest on or with respect to Loans denominated in Sterling, any day that is an RFR Business Day (iv) with respect to all notices and determinations in connection with, and payments of principal and interest on or with respect to, Loans denominated in any other Alternative Currency, any day that is a Business Day described in clauses (i), (ii) and (iii) and that is also a day which is not a legal holiday or a day on which banking institutions are authorized or required by Requirements of Law or other government action to remain closed in the country of issuance of the applicable currency. “Canadian Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the rate which the principal office of the First Lien Administrative Agent in Toronto, Ontario then quotes, publishes and refers to as its “prime rate” and which is its reference rate of interest for loans in Canadian Dollars made in Canada to commercial borrowers and (b) the one-month Adjusted BA Rate, plus 1.00% per annum, adjusted automatically with each quoted, published or displayed change in such rate, all without necessity of any notice to the Borrower or any other Person. “Canadian Dollars” means the lawful money of Canada. “Capital Lease Obligations” of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP; provided that all leases of such Person that are or would have been treated as -11- [EMEA_AC...