Examples of Bridge Advance in a sentence
The Borrower promises to pay interest on the unpaid principal amount of the Bridge Advance made by the Lender from the date of such Bridge Advance until such principal amount is paid in full, at such interest rates and at such times as provided in the Credit Agreement.
Each Bridge Advance shall be funded in Sterling in an aggregate amount equal to the Borrowing Minimum or a Borrowing Multiple in excess thereof and shall consist of Advances of the same Type made simultaneously the same day by the Lenders ratably according to their relevant respective Commitments.
The Bridge Advance evidenced hereby is guaranteed as provided therein and in the other Loan Documents.
The Bridge Advance made by the Lender shall be evidenced by one or more loan accounts or records maintained by the Lender in the ordinary course of business.
The Borrower's obligation to repay the Bridge Advance made by each Lender shall be evidenced by a Bridge Note payable to the order of such Lender.