Examples of Bridge Lender in a sentence
Tissue contaminated waste is drained into containers, filled with bleach, then poured into the septic tank.
Any LBO-Related Causes of Action against any participant of a Senior Lender or a Bridge Lender to the extent that the Senior Lender or Bridge Lender as to which it is a participant is a Released Party, solely in such participant’s capacity as a participant are hereby Released Claims.
Without the prior written consent of Senior Lender, Equity Bridge Lender will not commence, or join with any other creditor in commencing, any Bankruptcy Proceeding.
Each Bond Bridge Lender severally agrees to make its Bond Bridge Commitment available to the Borrower by way of (i) LIBO Rate Advances in Sterling, (ii) Prime Rate Advances in Canadian Dollars or (iii) Bankers’ Acceptances (or B/A Equivalent Loans) in Canadian Dollars.
Equity Bridge Lender agrees that its agreement to subordinate under this Agreement will extend to any new mortgage debt which is for the purpose of refinancing all or any part of the Senior Indebtedness (including reasonable and necessary costs associated with the closing and/or the refinancing, and any reasonable increase in proceeds for rehabilitation in the context of a preservation transaction).