Bridge Loan Documents. RP Investments shall have entered into the Bridge Credit Agreement and shall have the right to borrow up to $1,950,000,000 thereunder subject to the terms and conditions specified therein, and the proceeds of any borrowings thereunder on the Funding Date shall have been paid or on-lent to LuxCo 3 as the subscription price for a LuxCo 3/RPI Bond and, in turn by LuxCo 3 to BidCo as an advance under the BidCo/LuxCo 3 Loan.
Bridge Loan Documents. The loan documents evidencing and securing the Bridge Loan, as amended and restated hereby, are in full force and effect, valid, binding and enforceable in accordance with their respective terms (subject to applicable bankruptcy, insolvency and similar laws, and the application of equitable principles whether by a court of law or equity). To the knowledge of the Obligor, there exists no default by the Prior Lender thereunder nor any defense to payment of amounts payable pursuant to such loan documents. WB/Neighborhoods Second Modified and Restated Loan Agreement
Bridge Loan Documents. RP Investments shall have borrowed, or simultaneously with the Borrower borrowing the Acquisition Term Loans will borrow, not less than the lesser of (i) $1,950,000,000 and (ii) the Residual Transaction Consideration Amount (as defined in the Bridge Credit Agreement) under the Bridge Credit Agreement, the proceeds of which have been paid or on-lent to LuxCo 3 as the subscription price for the LuxCo 3/RPI Bond and, in turn by LuxCo 3 to BidCo as an advance under the BidCo/LuxCo 3 Loan.
Bridge Loan Documents. The Company and the Parent shall have closed the Bridge Loan and delivered all documents required under Section 3.2, and the Company shall not be in default under any of the Loan Documents.
Bridge Loan Documents. “Bridge Loan Documents” shall mean the Note Purchase Agreement, by and among Seller and Canaan VII L.P. (“Canaan”), Xxxxxxxx XI, Xxxxxxxx XI Qualified, Xxxxxxxx Associates Fund VI and Xxxxxxxx Principals Fund II (collectively “Xxxxxxxx” and together with Canaan, the “Bridge Investors”), dated as of June 9, 2010 and all schedules and exhibits thereto, including the Security Agreement by and among the Seller and the Bridge Investors, dated as of June 9, 2010 (the “Bridge Security Agreement”), and each of
Bridge Loan Documents. In the event that the Bridge Credit Facility is consummated on or before the Closing Date, the transaction shall have been consummated in all material respects in accordance with the terms and conditions of the Bridge Loan Documents as in effect on the date of the Bridge Credit Facility Escrow Letter, (B) no material provision of the Bridge Loan Documents shall have been amended or waived by any party thereto without the prior written consent of the Administrative Agent, (C) the sum of the outstanding principal amount of (x) the Bridge Credit Facility plus (y) the Senior Notes shall not exceed $400,000,000 in the aggregate, and (D) the net cash proceeds from the Bridge Credit Facility shall have been used to finance a portion of the purchase price of the Saks Acquisition.
Bridge Loan Documents. The Company shall deliver (or cause to be delivered) to the Administrative Agent (a) the full details of any proposed amendment, modification, supplement or waiver to the Bridge Loan Documents before any such amendment, modification, supplement or waiver is executed, and (b) notice of the conversion of Parent’s Capital Stock under the Bridge Loan Documents.
Bridge Loan Documents. The Company will furnish to each of the Lenders, as soon as available, but in any event no later than 30 days after the signing of this Agreement, the documentation relating to the bridge loan with Xxxxxxxx Xxxxxxx which is currently in default.
Bridge Loan Documents. As a condition subsequent, Borrower shall provide true and correct copies of the Bridge Loan documents evidencing the subordinate nature of the Bridge Loans.
Bridge Loan Documents. Borrower and Bridge Lender shall agree on the form of loan documents evidencing, guaranteeing, governing and securing the Bridge Loan (collectively, the "BRIDGE LOAN DOCUMENTS") prior to the Closing Date. The Bridge Loan Documents shall be in the same form in all materials respects as those form loan documents typically used in transactions similar to the Bridge Loan where Franchisor is providing credit enhancement to the Bridge Lender, which form documents have previously been provided by Bridge Lender to Borrower and Bank, as modified to reflect (i) changes in such form loan documents as are made after today's date at the request of Franchisor or as are otherwise acceptable to Franchisor, (ii) the business terms and conditions set forth in the Commitment and (iii) the requirements of local law. Bridge Lender warrants and represents to Bank that the Bridge Loan Documents are the only loan documents required as a condition precedent to the rending of the Bridge Loan. Borrower agrees to execute and deliver the Bridge Loan Documents in the form agreed to as provided above. Upon Borrower's satisfaction of all Commitment requirements and conditions, Bridge Lender agrees to execute any Bridge Loan Documents requiring Bridge Lender's
