Bridge Advance definition

Bridge Advance means an advance by a Lender pursuant to its Commitment to the Borrower as part of a Borrowing. “Bridge Facility” means the Commitments and any Advances made thereunder.
Bridge Advance means an advance by a Lender pursuant to its Commitment to the Borrower as part of a Borrowing.
Bridge Advance has the meaning set forth in Section 2.1(e).

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.


More Definitions of Bridge Advance

Bridge Advance has the meaning as specified in Section 3.1 hereof.
Bridge Advance means an advance of funds by the Lenders or any of them to a Borrower pursuant to Section 2.01(c) of this Agreement.
Bridge Advance as defined in Section 2.1.
Bridge Advance means any advance under the Bridge Facility by any lender party to the Bridge Facility.
Bridge Advance or “Bridge Advances” means a loan advance under the Committed Bridge Line.
Bridge Advance shall have the meaning set forth in Section 8.10.
Bridge Advance means an Advance outstanding prior to the consummation of the Exchange.