Bridge Loan Sublimit definition

Bridge Loan Sublimit means $10,000,000.
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Bridge Loan Sublimit means $10,000,000.”
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Bridge Loan Sublimit is hereby amended by deleting subsection (a) contained therein and replacing same with the following:
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Examples of Bridge Loan Sublimit in a sentence

  • However, all vessels of Class V shall carry at least 2 Life Buoys of which one to be of self igniting type if the vessel navigates at night.

  • To date, the number of larval fish taxa observed at each NRS is 80 (NSI), 71 (PH), and 38 (MAI).

  • Notwithstanding the foregoing, the Maturity Date with respect to the Bridge Loan Sublimit shall be the earlier of (i) November 9, 2007 or (ii) the date Borrower closes the private investment public equity transaction of which Silicon has been advised by Borrower (which Borrower has informed Silicon would result in the receipt of more than $15,000,000 net cash proceeds to Borrower)(the “PIPE”).

  • In consideration for Bank extending the Maturity Date of the Bridge Loan Sublimit and for Bank continuing to forbear from exercising its right and remedies as set forth herein, Borrower covenants and agrees that it shall pay to Bank an extension fee in an amount equal to $250 per day from the date of this Amendment until (and such amount shall be payable on) the earlier of (i) November 9, 2007 or (ii) the date Borrower closes the PIPE.

  • In consideration for Bank extending the Maturity Date of the Bridge Loan Sublimit and for Bank continuing to forbear from exercising its right and remedies as set forth herein, Borrower covenants and agrees that it shall pay to Bank an extension fee in an amount equal to $250 per day from November 9, 2007 until (and such amount shall be payable on) the earlier of (i) November 20, 2007 or (ii) the date Borrower closes the PIPE.


More Definitions of Bridge Loan Sublimit

Bridge Loan Sublimit means as of each date of determination, the lesser of (a) Twenty Million Dollars ($20,000,000.00) or (b) (i) the Commitment less (ii) the aggregate outstanding amount of Warehouse Loans and Residual Loans.
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Related to Bridge Loan Sublimit

  • L/C Sublimit has the meaning ascribed to it in Annex B.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Swingline Sublimit means an amount equal to the lesser of (a) $20,000,000 and (b) the Revolving Facility. The Swingline Sublimit is part of, and not in addition to, the Revolving Facility.

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Commitments and $50,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Swing Line Sublimit means an amount equal to the lesser of (a) $50,000,000 and (b) the Aggregate Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.