Bridge Loan Commitment definition

Bridge Loan Commitment means the commitment of the Lenders to make the Bridge Loan as set forth in Section 2.1A.

Bridge Loan Commitment has the meaning assigned to such term in Section 2.22(a).

Bridge Loan Commitment means the commitment of the Lenders to make the Bridge Loan as set forth in Section 2.1(a) consisting of the Offer Commitments and the Scheme Commitments.

Examples of Bridge Loan Commitment in a sentence

• The Company shall have the right, without premium or penalty, to reduce or terminate the Bridge Loan Commitment of the Lenders hereunder at any time.

• Nothing herein shall be deemed to relieve any Lender from its obligation to fulfill its Bridge Loan Commitment hereunder or to prejudice any rights which the Company may have against any Lender as a result of any default by such Lender hereunder.

• Borrower may from time to time upon two (2) Business Days notice to Administrative Agent, permanently reduce (without premium or penalty), by an amount of $500,000 or integral multiples of $100,000 in excess thereof or cancel in its entirety the Total LC Commitment, the Total Term Loan Commitment or the Total Bridge Loan Commitment.

• Subject to the terms and conditions set forth in this Financing Agreement, each Lender severally agrees to make to Borrower one or more loans as Borrower may request during the Availability Period under Section 2.5 (individually, a “Bridge Loan” and, collectively, the “Bridge Loans”), in an aggregate principal amount not to exceed such Lender’s Proportionate Share of the Total Bridge Loan Commitment.

• The Total Bridge Loan Commitment on the Closing Date is $18,632,891.16.

More Definitions of Bridge Loan Commitment

Bridge Loan Commitment means, with respect to any Lender at any time, the amount set forth opposite such Lender’s name on Schedule I hereto under the caption “Bridge Loan Commitment.”

Bridge Loan Commitment shall have the meaning set forth in Section 6.05 hereof.

Bridge Loan Commitment means, with respect to any Lender the amount set forth on Schedule 1.1(b) under the caption “Bridge Loan Commitment” on the Closing Date.

Bridge Loan Commitment means the Commitment of any Lender related to the Bridge Loans.

Bridge Loan Commitment is defined in SECTION 3.1 of this Agreement.

Bridge Loan Commitment means Thirteen Million and 00/100 Dollars ($13,000,000.00).

Bridge Loan Commitment means the obligation of Bank of Montreal to make Bridge Loans for the account of the Borrower hereunder in an aggregate principal amount at any one time outstanding not to exceed $9,000,000, as reduced pursuant to Section 1.14(d) hereof, as the same may be further reduced or modified at any time and from time to time pursuant to the terms hereof.