Bridge Loan Amount definition

Bridge Loan Amount means One Hundred Six Thousand Six Hundred Fifty One and 23/100 Dollars ($106,651.23), representing the outstanding principal and accrued interest under the Bridge Note.
Bridge Loan Amount shall have the meaning set forth in the second ------------------ Recital.
Bridge Loan Amount means an amount equal to fifty percent 50% of (i) the Principal amount of the [Loan] provided by Parent to the Company on [ ,2023], plus (ii) any interest accrued thereon through the Closing Date.

Examples of Bridge Loan Amount in a sentence

  • The Bridge Loan Amount and the St. Cloud Closing Fees shall be credited against the loan to be made by St. Cloud with respect to the St. Cloud Securities as set forth in Section 3.2.

  • THIS AGREEMENT WITNESSES THAT the parties would like to agree to the loan, as described in this agreement, on the following terms: Loan Amount Principal Amount (or Bridge Loan Amount) shall be: $________________.

  • The execution of a Fourth Amendment and Ratification of Debt Subordination Agreement with First Merchants Bank whereby the amount of Senior Debt (as defined therein) is increased from $31,500,000 by the amount which is the sum of (i) the Revolving Commitment Increase and (ii) Bridge Loan Amount; provided however, that such cap shall be reduced by the Bridge Loan Amount upon repayment in full thereof.

  • PUBLIC SERVICE BRIDGE LOAN Public Service Bridge Loan Amount Requested ($10,000 Maximum) $ IMPORTANT INFORMATION: Ø Applicants are eligible to apply for this loan during their 3L year and must complete the application by the last day of their final semester of study (May 13, 2022 for the 2021-2022 academic year).Ø Public Service Bridge Loan Request Forms received by the Law School's Financial Aid Office after the May 13, 2022 deadline WILL NOT be processed.

  • Upon CB Completion, the Subscriber shall assign the right to receive repayment of the Bridge Loan Amount under the Bridge Loan Agreement to the Company, which shall be used to set off against the payment obligations of KH under the Big Bell SPA (2).


More Definitions of Bridge Loan Amount

Bridge Loan Amount means $6,500,000, plus any accrued and unpaid interest thereon.
Bridge Loan Amount means the amount, if any, borrowed by the Company from Parent pursuant to Section 5.18 hereof and not repaid prior to Closing.
Bridge Loan Amount means the aggregate dollar amount due under all of the Bridge Notes.
Bridge Loan Amount is Advances of up to $1,000,000. "Responsible Officer" is each of the Chief Executive Officer, the President, the Chief Financial Officer and the Controller of a Seller.
Bridge Loan Amount in Section 1 of the Purchase Agreement is hereby amended to read as follows:
Bridge Loan Amount is Advances of up to $1,500,000.
Bridge Loan Amount means the amount of the Bridge Loan as agreed, if at all, pursuant to Section 8.06.