Examples of Bridge Loan Lenders in a sentence
The Bridge Loan Lenders purchased $0.9 million of depositary shares not otherwise sold in the Rights Offering pursuant to their Backstop Commitment.
In the event that the payment of the principal amount of the Stone Notes is accelerated in accordance with Section 602 of the Stone Notes Indenture, the Bridge Loan Lenders may terminate their obligations under this Agreement.
On June 9, 2015, the Debtors, the Term Loan Lenders, certain Bridge Loan Lenders, the ABL Facility Lenders and Tubulars entered into a Plan Support Agreement (the “ Plan Support Agreement”).
The releases to be granted to the Original Bridge Loan Lenders pursuant to the Bridge Loan Lender Settlement are significant relative to the distribution the Original Bridge Loan Lenders are being required to forgo.
Since April 6, 2015, the Debtors, certain Term Loan Lenders, certain Bridge Loan Lenders, the ABL Facility Lenders and Tubulars have vigorously negotiated terms of a chapter 11 plan that may be supported by all major parties in interest and arranged debtor in possession and exit financing.