Examples of Bridge Facility in a sentence

Parker has obtained the fully committed Bridge Facility from Citibank, N.A., as sole lead arranger, sole bookrunner, sole administrative agent and, together with Citicorp North America, Inc., as lenders.
In due course, and in place of drawing under the Bridge Facility, Parker intends to obtain and enter into: (i) a new $2,000,000,000 senior unsecured term loan facility, which will be used to reduce (and partially replace) the Bridge Facility; and (ii) an amendment to its existing revolving credit agreement to increase the commitments thereunder and to make certain other changes to the terms thereof in connection with the Acquisition.
In support of its obligations to pay the cash consideration and such fees and expenses, Parker has entered into a term loan bridge facility obtained from Citibank, N.A. (the Bridge Facility).
In issuing this commitment and in arranging and syndicating the Bridge Facility, the Commitment Parties are and will be using and relying on the Information and the Projections without independent verification thereof.
Our fees for services related to the Bridge Facility are set forth in a separate fee letter (the “Fee Letter”) between you and us entered into on the date hereof.

More Definitions of Bridge Facility

Bridge Facility means that certain Bridge Credit Agreement, dated as of December 15, 2016, among 21st Century Fox America, Inc., as borrower, the Company, as parent guarantor, the lenders party thereto, Xxxxxxx Xxxxx Bank USA, Deutsche Bank AG Cayman Islands Branch and X.X. Xxxxxx Europe Limited, as co-administrative agents, and X.X. Xxxxxx Europe Limited, as designated agent.

Bridge Facility means the 364-day unsecured term loan facility contemplated by the Bridge Facility Commitment Letter dated as of January 11, 2015, among the Company, Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx, Inc. and Bank of America, N.A.

Bridge Facility means the $11,000,000,000 senior unsecured bridge credit facility contemplated by the Bridge Commitment Letter.

Bridge Facility means shall mean the senior unsecured bridge facility of the Borrower in an aggregate principal amount of up to $10.5 billion described in the Bridge Commitment Letter.

Bridge Facility means the bridge facility available pursuant to that certain Senior Unsecured Bridge Credit Agreement dated as of the date hereof, among Medtronic, Parent, Holdings, the lenders from time to time party thereto and Bank of America, as administrative agent.