Bridge Notes means, collectively, the bridge notes dated September 29, 2003 between the Trust and each of the Bridge Lenders providing for advances of up to $30 million to the Trust to assist with the payout of the then existing credit facility and the payment of the Deferred Purchase Price Obligation as a result of the acquisition of the Carlyle Properties.
Bridge Notes means those convertible promissory notes issued pursuant to that certain Note Purchase Agreement, dated November 20, 2012, by and between the Corporation and the persons and entities listed on the schedule of investors attached thereto.
Bridge Notes, defined as a short-term obligation of one of the PASSHE universities.
The “Total Funding Date” shall refer to the date the Company secures and closes equity or debt financing totaling $3,000,000.00 or more (inclusive of monies raised in the Initial Funding) or at the time investors holding Bridge Notes convert their Notes to equity.
On July 28, 2003, the Trust entered into the Equity Bridge Notes to provide funds to pay the Deferred Purchase Price Obligation associated with the Carlyle Properties Transaction.
A portion of this facility was used to pay out the $15 million Interim Bank Facility, $31.35 million was used to finance in part the acquisition of the Carlyle Properties, $8.5 million was used to repay a portion of the Equity Bridge Notes and $25 million was used to repay the Bridge Notes.
Capitalized terms used herein and not defined shall have the meanings set forth in the Securities Purchase Agreement or in the Bridge Notes, in each case, as amended, as applicable.
More definitions of Bridge Notes
Bridge Notes means the 20% senior secured convertible bridge notes issued pursuant to the Bridge Securities Purchase Agreements in the aggregate principal amount of $8,000,000.
Bridge Notes means, collectively, those certain 10% Subordinated Promissory Notes in the aggregate principal amount of $500,000, issued by Borrower pursuant to those certain Securities Purchase Agreements, dated as of August 13, 2018, by and among the Borrower and the investors from time to time party thereto.
Bridge Notes means one or more unsecured notes, on terms consistent with the Pershing Square Stock Purchase Agreement, in an amount equal to the product of the Put Shares multiplied by the Per Share Purchase Price, payable on the first Business Day at least 181 days after the Effective Date.
Bridge Notes means the secured convertible promissory notes issued pursuant to that certain Note and Warrant Purchase Agreement dated as of June 25, 2014 (the “ NWPA”), including any secured convertible promissory notes issuable in any Additional Closing (as defined in the NWPA).
Bridge Notes means the Second Amended and Restated Senior Secured Bridge Promissory Notes dated as of the date hereof issued by the Company, together with any notes issued as paid-in-kind interest in respect thereof.