Examples of Bridge Lenders in a sentence

The Borrower shall repay to the Administrative Agent for the ratable account of the Repatriation Bridge Lenders on the Repatriation Bridge Loan Maturity Date, an aggregate amount equal to the aggregate principal amount of all Repatriation Bridge Loans outstanding on such date.
Notwithstanding anything to the contrary, the Deficiency Claims of the Senior Secured Lenders and the Bridge Lenders against Non-Schedule III Obligor Debtors may only be satisfied out of the Excess Recoveries (if at all).
In July and August 2019, the Company entered into certain loan agreements (collective the “Bridge Loans”) with a director of the Company and a private company wholly-owned by a director of the Company (collectively the “Bridge Lenders”), pursuant to which the Bridge Lenders advanced to the Company an aggregate principal sum of $375,000 with a 1-year term and bearing interest at 10% per annum.
Bridge Lenders will be permitted to sell participations with voting rights limited to significant matters such as changes in amount, rate and maturity date.
Participants will have the same benefits as the selling Bridge Lenders would have (and will be limited to the amount of such benefits) with regard to cost and yield protection, subject to customary limitations and restrictions.

More Definitions of Bridge Lenders

Bridge Lenders means the institutions party from time to time to the Bridge Loan Agreement as “Lenders,” each in their capacity as such.

Bridge Lenders each Lender that has a Bridge Commitment or that holds a Bridge Loan.

Bridge Lenders means Xxxxxx Xxxxxxx Senior Funding, Inc., Wachovia Investors, Inc. (formerly known as First Union Investors, Inc.) and CIBC Inc.

Bridge Lenders means Bridge 1 Lenders and Bridge 2 Lenders.