Repayment of Bridge Loan. EM LLC shall use commercially reasonable efforts to repay in full the Bridge Loans under the Credit Agreement on or prior to the Maturity Date (as defined in the Credit Agreement).
Repayment of Bridge Loan. Unless the Bridge Loan is converted in accordance with this Agreement, principal and accrued interest will be paid in cash as computed utilizing an annual interest rate of six percent (6%). Lender will also receive a warrant to purchase up to twenty percent (20%) of the value of the principal amount of the Bridge Loan at an exercise price equivalent to the per share price of the next Qualified Financing Round (as hereinafter defined).
Repayment of Bridge Loan. Subject to Sections 2.3, 2.8 and 7.2, the Borrower will repay the principal amount of the Bridge Loan on the Bridge Maturity Date, together with accrued interest thereon; provided, however, that if the Closing Date occurs prior to the Bridge Maturity Date, the amount of the Bridge Loan shall be deemed to be part of the initial advance under the RC Commitment, and shall be part of the RC Loans. 9 LEGAL\38909930\5 2.1.3
Repayment of Bridge Loan. After the Closing, the Beijing Subsidiary shall, and the Group Companies and the Founders shall cause the Beijing Subsidiary to repay the bridge loan of RMB10,000,000 provided by the NLVC and CTD pursuant to the provision of the loan agreement entered into by and among Beijing Subsidiary, the NLVC, the CTD and any other parties thereto on January 27, 2014.
Repayment of Bridge Loan. Simultaneous with the making of the Initial Loan, Tultex shall have paid in full all principal, interest and other obligations outstanding under the April 20, 1999 Loan and Security Agreement between Tultex and NationsBank.
Repayment of Bridge Loan. Section 2.19 of the Credit Agreement is hereby amended in its entirety as follows:
Repayment of Bridge Loan. (a) Make any repayment of principal under the Bridge Loan, whether at maturity, by redemption or otherwise, without delivering to Lender at least five (5) days in advance of such payment a certificate, signed on behalf of Borrower by a Responsible Officer of Borrower stating that the Responsible Officer has personally reviewed this Agreement and that such certificate is based on an examination made by or under the supervision of the Responsible Officer sufficient to assure that such certificate is accurate and (i) setting forth the date for and the amount of the scheduled payment of principal, (ii) calculating and certifying Borrower's compliance or noncompliance with the financial covenants set forth in SECTION 7.15 hereof immediately before, and after giving effect to, the proposed payment of principal of the Bridge Loan, and (iii) certifying whether as of the date thereof any Default or Event of Default has occurred and is continuing, and whether upon giving effect to such repayment any Default or Event of Default will have occurred and be continuing.
Repayment of Bridge Loan. Uroplasty shall pay $1,120,000 of the Bridge Loan in a lump sum at the Closing. The portion of the Bridge Loan not so payable in cash shall be payable at Closing by the issuance of a number of shares of Uroplasty’s Common Stock (the “Bridge Loan Shares”) computed by dividing the Bridge Loan amount to be converted by the Share Price (and rounding to the nearest whole share).
Repayment of Bridge Loan. The Borrower shall repay the principal of the Bridge Loan in full on the earlier of December 15, 1998 and the closing date of the Term Loan.
Repayment of Bridge Loan. The Borrower shall repay the Bridge Loan at any time during a period of six (6) months from the date of first draw down.
