Examples of Bridge Debt in a sentence
This Assignment is made as additional security for the payment of a certain bridge loan from Assignee to Assignor in the original aggregate principal sum of Four Hundred Thousand US Dollars ($400,000), made pursuant to that certain Bridge Debt Agreement (“Loan”) dated as of the date hereof (as amended, substituted, restated or modified from time to time, the “Loan Agreement”), among Assignor, as borrower, and Assignee (“Lender”).
As set out in Section 8.1.1 above, the Bridge Debt is repayable in cash or Shares in the order specified in Section 8.1.1 (a) to (f).
Bridge Debt Commitments -- At September 30, 2005, the High Yield Bond Portfolio had $65,541 in commitments outstanding to fund high yield bridge debt.
The terms and conditions of the Subordinated Bridge Debt and the provisions of the Subordinated Debt Documents relating to the Subordinated Bridge Debt shall be satisfactory to the Lenders.
The proceeds of the Subordinated Refinancing Debt will be used only for the repayment of the Subordinated Bridge Debt and all other amounts due under the Subordinated Note Purchase Agreement and the other Subordinated Debt Documents relating to the Subordinated Bridge Debt.