Bridge Loan Commitment definition

Bridge Loan Commitment means the commitment of the Lenders to make the Bridge Loan as set forth in Section 2.1A.
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Bridge Loan Commitment has the meaning assigned to it in Section 2.1. ----------------------
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Bridge Loan Commitment means, Bridge 1 Loan Commitment and Bridge 2 Loan Commitment.
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Examples of Bridge Loan Commitment in a sentence

  • The Total Bridge Loan Commitment on the Closing Date is $18,632,891.16.

  • Subject to the terms and conditions set forth in this Financing Agreement, each Lender severally agrees to make to Borrower one or more loans as Borrower may request during the Availability Period under Section 2.5 (individually, a “Bridge Loan” and, collectively, the “Bridge Loans”), in an aggregate principal amount not to exceed such Lender’s Proportionate Share of the Total Bridge Loan Commitment.

  • Borrower may request Base Rate Loans or LIBO Rate Loans, in each case, pursuant to the Notice of Borrowing under Section 2.5. Each Lender shall make its Bridge Loan, in an amount not in excess of its Total Bridge Loan Commitment, pursuant to Section 3.1(c).

  • Borrower may from time to time upon two (2) Business Days notice to Administrative Agent, permanently reduce (without premium or penalty), by an amount of $500,000 or integral multiples of $100,000 in excess thereof or cancel in its entirety the Total LC Commitment, the Total Term Loan Commitment or the Total Bridge Loan Commitment.

  • The Arrangers party to the Bridge Commitment Letter shall have received from Borrower a bridge reduction notice stating that this Agreement constitutes a “Qualifying Term Loan Facility” (as defined in the Bridge Loan Commitment Letter).


More Definitions of Bridge Loan Commitment

Bridge Loan Commitment means, with respect to any Lender at any time, the amount set forth opposite such Lender’s name on Schedule I hereto under the caption “Bridge Loan Commitment.”
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Bridge Loan Commitment means the commitment of the Lenders to make the Bridge Loan as set forth in Section 2.1(a) consisting of the Offer Commitments and the Scheme Commitments.
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Bridge Loan Commitment means, with respect to any Lender the amount set forth on Schedule 1.1(b) under the caption “Bridge Loan Commitment” on the Closing Date.
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Bridge Loan Commitment shall have the meaning set forth in Section 6.05 hereof.
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Bridge Loan Commitment means, with respect to the Bridge Lender, the commitment of the Bridge Lender to make the Bridge Loan. The amount (in Dollars) of the Bridge Loan Commitment is set forth in Annex A hereto.
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Bridge Loan Commitment means the commitment of a Lender to make or otherwise fund a Bridge Loan and "BRIDGE LOAN COMMITMENTS" means such commitments of all Lenders in the aggregate. The amount of each Lender's Bridge Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Bridge Loan Commitments as of the Closing Date is $150,000,000.
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Bridge Loan Commitment as to any Lender, its obligation to make a Bridge Loan to the Borrower pursuant to Section 3.1 in the amount set forth opposite such Lender's name on Schedule 1.0 under the caption "Bridge Loan".
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