Bridge Term Loans definition

Bridge Term Loans means the “Term Loans” as defined in the Bridge Credit Agreement.
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Bridge Term Loans shall have the meaning assigned to such term in the recitals hereto.
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Bridge Term Loans has the meaning specified in Section 2.01(b)(ii).
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Examples of Bridge Term Loans in a sentence

  • The Bridge Term Loan Commitment of each Lender shall be automatically and permanently reduced to zero upon the funding of the Bridge Term Loans to be made on the Closing Date.

  • Unless previously terminated in accordance with other terms hereof, the Bridge Term Loan Commitments shall automatically terminate at 11.59 p.m., (London time), on the earlier to occur of (i) the last day of the Certain Funds Period and (ii) the consummation of the Acquisition without the use of the Bridge Term Loans.

  • As of the Funding Date (and after giving effect to the application of the proceeds of the Acquisition Term Loans and any Bridge Term Loans made on the Funding Date and the other elements of the Transaction to occur on the Funding Date), RP Investments has no direct Subsidiaries other than the Borrower and RPI Acquisitions, the Borrower has no Subsidiaries other than RPCT, RP Cube Trust, RPDP LLC, RPDP Inc.

  • If Tenant is not in default hereunder, any remaining balance of the Security Deposit shall be returned to Tenant upon termination of this Lease.

  • Further, the principal amount of the Bridge Term Loans payable on the maturity date therefore shall be excluded from Fixed Charges.

  • For purposes of clarity, the final maturity date of the Bridge Term Loans shall remain April 12, 2019.

  • The Borrower acknowledges and agrees that as of November 15, 2018, the principal amount of Loans and Letters of Credit is $40,148,000.00 ($15,235,000.00 in Term Loans, $13,512,000.00 in Revolving Loans, $7,986,000.00 in Bridge Term Loans, and $3,415,000.00 in Letters of Credit), and such amount (together with interest and fees thereon) is justly and truly owing by the Borrower without defense, offset or counterclaim.

  • Section 5.7 of the Credit Agreement is amended and restated to add a new sentence immediately following the first sentence appearing therein, to read in its entirety as follows: Notwithstanding anything contained herein to the contrary, the Borrower shall use all proceeds of the Bridge Term Loans to make the Preferred Stock Repurchase Distribution and to pay certain fees and expenses associated therewith.

  • The Company used the net proceeds from the Bridge Term Loans to finance the previously announced acquisition of DenTek Holdings, Inc.

  • The execution of this Amendment by Parent shall constitute its consent, in its capacity as guarantor under the Parent Guaranty, to this Amendment and the agreement of Parent that the Parent Guaranty shall extend to guaranty the Bridge Term Loans.