Examples of Bridge Advances in a sentence
The information set forth in the Register with respect to the Base Advances and the Bridge Advances shall be binding absent manifest error.
The Financing Commitments shall terminate on the earliest of (a) the last day of the Reinvestment Period (or, in the case of the Bridge Commitment, if sooner, the Scheduled Termination Date in respect of the Bridge Advances), (b) the Maturity Date and (c) the occurrence of a Market Value Event (or, if earlier, the date of termination of the Financing Commitments pursuant to Article VII).
All such Bridge Advances shall be denominated in Dollars in an aggregate principal amount equal to the Dollar Equivalent of the Advances funded on such date, determined on such date.
It is understood and agreed that the Bridge Advances that are converted into Extended Advances constitute the same Indebtedness as such Bridge Advances so converted and that no novation shall be effected by any such conversion.
The Financing Commitments shall terminate on the earliest of (a) the close of business on the last day of the Reinvestment Period (or, in the case of the Bridge Commitment, if sooner, the Scheduled Termination Date in respect of the Bridge Advances), (b) the Maturity Date and (c) the occurrence of a Market Value Event.
April 1, 2024 (or, if a Maturity Extension Request is consented to by the Administrative Agent in its sole discretion, April 1, 2025); provided that the Scheduled Termination Date in respect of the Bridge Advances shall be the date that is eighteen calendar months following the Commitment Increase Date on which the Bridge Commitment was made.
Failure to make such payments of the Bridge Advances or the payments required by Section 9.20 by the Repayment Date or the Termination Date, as the case may be, shall constitute an Event of Default under Credit Agreement.
Each Borrowing shall be in an aggregate amount of $250,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of Bridge Advances made simultaneously by the Lenders ratably according to their Commitments.
Such prepayment of the Bridge Advances and the payment under Section 9.20 shall be made through a payment outside of the waterfall payments provided for in Article VI of the Credit Agreement.
Bank will credit the amount of Bridge Advances made under this Section 2.1 to Borrower's deposit account.