Common use of Bridge Commitments Clause in Contracts

Bridge Commitments. Subject to the terms and conditions hereof, each Bridge Lender severally agrees to make a bridge loan (a “Bridge Loan”) to the Borrower on the Closing Date in an amount not to exceed the amount of the Bridge Commitment of such Lender. The Bridge Loans from time to time may be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 3.3.

Appears in 2 contracts

Samples: Bridge Loan Credit Agreement (Sports Entertainment Enterprises Inc), Bridge Loan Credit Agreement (CKX, Inc.)

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Bridge Commitments. Subject to the terms and conditions hereofof the Original Credit Agreement, each Bridge Lender severally agrees to make made a bridge loan (a “Bridge Loan”) to the Borrower on the Closing Date in an amount not to exceed the amount of the Bridge Commitment of such Lender. The Bridge Loans from time to time may be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 3.3.

Appears in 1 contract

Samples: Bridge Loan Credit Agreement (CKX, Inc.)

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Bridge Commitments. Subject to the terms and conditions hereof, (a) each Bridge Lender severally agrees to make a bridge term loan (a “Bridge Loan”) to the Borrower on the Closing Date in an amount not to exceed the amount of the Bridge Commitment of such Lender. The Except as set forth herein, the Bridge Loans from time to time may shall be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 3.3.

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

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