Equity Bridge Facility definition
Examples of Equity Bridge Facility in a sentence
Commitment fees will accrue on and from [start of Equity Bridge Facility Availability Period] until the last day of the Equity Bridge Facility Availability Period and be payable on each Interest Payment Date, on the last day of the Equity Bridge Facility Availability Period and on the cancelled amount of the Equity Bridge Facility at the time a full cancellation is effective, in arrears.
The Equity Bridge Facility will be available on a certain funds basis.
Terms used in this letter shall have the meanings given to them in the Equity Bridge Facility Agreement unless otherwise defined herein.
In this event the net proceeds of such rights issue will be applied to refinance the Equity Bridge Facility.
The Company undertakes not to reduce the Committed Amounts until after the later of (i) completion of the Acquisition and (ii) repayment (as such term is defined in the Equity Bridge Facility) of any avales issued under the Equity Bridge Facility in connection with the Acquisition (provided that nothing in this clause 11.8 shall operate to prevent the Company complying with its obligations under the Equity Bridge Facility relating to mandatory prepayments or cancellations of the Equity Bridge Facility).