Common use of Termination of Bridge Loan Commitment Clause in Contracts

Termination of Bridge Loan Commitment. The Bridge Loan ------------------------------------- Commitment hereunder shall terminate on the earlier of (i) the date on which the Asset Purchase Agreement is terminated in accordance with its terms or (ii) October 18, 1996 if the Bridge Loan is not made on or before such date.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Petersen Holdings LLC)

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Termination of Bridge Loan Commitment. The Bridge Loan ------------------------------------- Commitment hereunder shall terminate on the earlier of (i) the date on which the Asset Purchase termination of either Acquisition Agreement is terminated in accordance with its the respective terms thereof or (ii) October 18April 30, 1996 2001 if no portion of the Bridge Loan is not made has been funded (other than as a result of the failure of the Lenders to fulfill their obligations hereunder) on or before such date.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Ameristar Casinos Inc)

Termination of Bridge Loan Commitment. The Bridge Loan ------------------------------------- Commitment hereunder shall terminate on the earlier of (i) the date on which the Asset Purchase Acquisition Agreement is terminated in accordance with its terms or (ii) October 18August 31, 1996 if the Bridge Loan is not made on or before such date.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Capstone Pharmacy Services Inc)

Termination of Bridge Loan Commitment. The Bridge Loan ------------------------------------- Commitment hereunder shall terminate on the earlier of (i) termination of the date on which the Asset Purchase Agreement is terminated in accordance with Tender Offer prior to its terms or consummation, (ii) October 18February 26, 1996 1998 if the Initial Bridge Loan is not made on or before such date or (iii) the earlier of 364 days after the consummation of the Tender Offer and 180 days after the Merger if the Final Bridge Loan is not made on or before such date.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Galey & Lord Inc)

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Termination of Bridge Loan Commitment. The Bridge Loan ------------------------------------- Commitment hereunder shall terminate on the earlier of (i) the date on which the Asset Purchase Recapitalization Agreement is terminated in accordance with its terms or (ii) October 18November 30, 1996 1997 if the Bridge Loan is not made on or before such date.

Appears in 1 contract

Samples: Senior Credit Agreement (Young America Holdings Inc)

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