Examples of Bridge Notes in a sentence
Any provision of this Note other than the principal amount and identity of the Holder may be amended, waived or modified upon the written consent of the Company and the parties providing at least a majority of the aggregate principal amounts provided pursuant to the Bridge Notes.
Riley Commercial Capital, LLC (collectively, the “Unsecured Bridge Notes”), are also reported as prepetition unsecured debt, whereas the Unsecured Bridge Notes were inadvertently included in prepetition priority debt on previous monthly operating reports.
The 2015 Bridge Notes and all accrued but unpaid interest thereunder were cancelled as consideration for 37,561 shares of Series A Preferred Stock in connection with the Series A Initial Closing.
The 2015 Bridge Notes Financing terminated with the closing of the Series A Financing.
Any money judgment, writ or similar process shall be entered or filed against the Company or any of its property or other assets for more than $250,000, and the same shall remain unvacated, unbonded or unstayed for a period of ten (10) days unless otherwise consented to by the Holders of a majority of the unpaid principal amount of the 2021 Bridge Notes (the “Majority Holders”).