Bridge Loan Commitment. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company herein set forth, the Lenders hereby agree to lend to the Company on the Closing Date $100,000,000.00 (one hundred million dollars) in the aggregate (the "Bridge Loan"), each such Lender committing, severally and not jointly, to lend the amount set forth next to such Lender's name on the signature pages hereto. The Lenders' commitments to make the Bridge Loan to the Company pursuant to this Section 2.1(a) are herein called individually, a "Bridge Loan Commitment" and collectively, the "Bridge Loan Commitments."
Bridge Loan Commitment. So long as any Loan (as defined in the Bridge Loan Agreement) is outstanding under the Bridge Loan Agreement or Santander has any obligation to make or maintain any credit extension under the Bridge Loan Agreement, the amount of $43,000,000; otherwise, $0 (zero).
Bridge Loan Commitment. Subject to the terms and conditions of this ---------------------- Agreement and in reliance upon the representations and warranties of the Borrower herein set forth, the Lenders hereby agree to lend to the Borrower on the Closing Date $65,000,000 in the aggregate (the "Bridge Loan"), each such Lender committing to lend the aggregate amount set forth next to such Lender's name on the signature pages hereto. The Lenders' commitments to make the Bridge Loan to the Borrower pursuant to this Section 2.1 A are herein called individually, the "Bridge Loan Commitment" and collectively, the "Bridge Loan Commitments."
Bridge Loan Commitment. After giving effect to the making of the Bridge Loan, the aggregate principal amount of the Bridge Loan (excluding Bridge Loan PIK Interest) then outstanding shall not exceed the Total Bridge Loan Commitment at such time.
Bridge Loan Commitment. Subject to the terms and conditions set forth herein, each Fund hereby commits, severally and not jointly, that, at or prior to each date on which any Loan (as defined in the Bridge Loan Facility) under the Bridge Loan Facility is required to be made, it shall purchase, or shall cause the purchase of, directly or indirectly through one or more intermediate entities, equity securities of Parent with an aggregate purchase price equal to the product of (i) the principal amount of such Loan (less the amount of cash on hand of Parent actually applied to fund such Loan) multiplied by (ii) such Fund’s Pro Rata Percentage (each such commitment, a “Bridge Loan Commitment”). Notwithstanding anything to the contrary in this Letter, no Fund shall be obligated to contribute an amount in excess of the product of (i) $350,000,000 multiplied by (ii) such Fund’s Pro Rata Percentage (with respect to each Fund, its “Bridge Loan Commitment Cap”), and this Letter may not be enforced against a Fund without giving effect to its Bridge Loan Commitment Cap. Any amount contributed by each Fund in respect of its Bridge Loan Commitment (each amount so contributed, a “Bridge Loan Contribution”), subject to each Fund’s Bridge Loan Commitment Cap, will be used by Parent to make Loans required to be made pursuant to, and subject to the terms of, the Bridge Loan Facility. Each Fund may allocate all or a portion of its Bridge Loan Contribution required pursuant to this Section 2 to other Persons and each of its Bridge Loan Commitments hereunder will be reduced by any amounts actually contributed to Parent by such Persons (and not returned) for the purpose of funding any Loan. The type of equity securities of Parent to be acquired by each Fund with respect to each Bridge Loan Contribution will be determined in the sole discretion of each Fund and Parent, subject to compliance in all respects with the Bridge Loan Facility.
Bridge Loan Commitment. (a) For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Heftel hereby irrevocably commits to Borrower to cause Lender to make, and to ensure that Lender has the funds to make, the Bridge Loan to Borrower, subject only to the following conditions:
Bridge Loan Commitment. Subject to the terms and conditions of ---------------------- this Agreement, the Lenders hereby agree to lend to the Borrower on the Closing Date $100,000,000 in the aggregate (the "Bridge Loan"), each such Lender committing to lend the amount set forth next to such Lender's name on the signature pages hereto. The Lenders' commitments to make the Bridge Loan to the Borrower pursuant to this SECTION 2.1A are herein called individually, the "Bridge Loan Commitment" and collectively, the "Bridge Loan Commitments."
Bridge Loan Commitment. Subject to the terms and conditions set forth herein, the Lenders hereby agree to make a short-term bridge loan to the Company on June 6, 2000, in an aggregate principal amount of $900,000 (the "BRIDGE LOAN"). The proceeds of the Bridge
Bridge Loan Commitment. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties of the Borrower set forth herein and in the other Loan Documents, the Bank agrees to make a Bridge Loan in the amount of the Bridge Loan Commitment. Up to $9,500,000 of the proceeds of the Bridge Loan shall be used solely by Borrower to purchase rights to and know how to manufacture the drug "Ponstel" from Warnxx-Xxxxxxx xxx Parkx Xxxxx & Xompany and up to $3,500,000 of the proceeds of the Bridge Loan shall be used solely by Borrower to purchase rights to and know how to manufacture the drug "Cognex" from Warnxx-Xxxxxxx xxx Parkx Xxxxx & Xompany. The Bridge Loan may be prepaid in whole or in part at any time without penalty, but shall be due in full on the Bridge Loan Maturity Date, unless the credit extended under the Bridge Loan is otherwise terminated or extended as provided in this Agreement.
Bridge Loan Commitment. Subject to the terms and conditions set forth herein, on the Closing Date and on each Delayed Draw Borrowing Date, each Lender severally agrees to make bridge loans (collectively the “Bridge Loans” or “Loans”) to the Borrower, in Dollars, in an amount equal to such Lender’s Bridge Loan Commitment Percentage of the Bridge Loan Committed Amount; provided, however, that (i) the aggregate amount of such Bridge Loans made shall not exceed the Bridge Loan Committed Amount; (ii) no Bridge Loans shall be made hereunder unless, prior to or simultaneously with such Bridge Loans being made, the initial Term Loans (as defined in the Five-Year Credit Agreement) have been made, (iii) the borrowing, on up to two separate dates (each of which shall be a Business Day) following the Closing Date, of Delayed Draw Bridge Loans (each a “Delayed Draw Borrowing Date”), if any, shall have occurred on or prior to the 90th day following the Closing Date or such later date as mutually agreed upon by the Borrower and the Administrative Agent (the “Delayed Draw Commitment Termination Date”) and (iv) the aggregate amount of such Delayed Draw Bridge Loans shall not exceed the Delayed Draw Committed Amount. Once repaid or prepaid, Bridge Loans cannot be reborrowed.
