Bridge Loan Amount means One Hundred Six Thousand Six Hundred Fifty One and 23/100 Dollars ($106,651.23), representing the outstanding principal and accrued interest under the Bridge Note.

Bridge Loan Amount shall have the meaning set forth in the second ------------------ Recital.

Bridge Loan Amount means an amount equal to fifty percent 50% of (i) the Principal amount of the [Loan] provided by Parent to the Company on [ ,2023], plus (ii) any interest accrued thereon through the Closing Date.

Examples of Bridge Loan Amount in a sentence

The Department reserves the right to arrange for an inspection, at all reasonable times, of any land, premises, plant, equipment and records of participants or applicants for participation in this scheme.
THIS AGREEMENT WITNESSES THAT the parties would like to agree to the loan, as described in this agreement, on the following terms: Loan Amount Principal Amount (or Bridge Loan Amount) shall be: $________________.
The execution of a Fourth Amendment and Ratification of Debt Subordination Agreement with First Merchants Bank whereby the amount of Senior Debt (as defined therein) is increased from $31,500,000 by the amount which is the sum of (i) the Revolving Commitment Increase and (ii) Bridge Loan Amount; provided however, that such cap shall be reduced by the Bridge Loan Amount upon repayment in full thereof.
The Company repaid $788,207 to the Lender in the second quarter of 2017 and $4,172,174 in 2016, resulting primarily from the repayment of the Bridge Loan Amount upon the Equity Raise as described in the fourth amendment to the Credit Agreement.
Upon closing of this Agreement, the Bridge Loan Agreement shall be deemed amended such that the Bridge Loan Amount (as defined above) shall be deemed part of the Principal Amount hereunder and the provisions of this Agreement shall govern the parties rights and liabilities with respect to the Bridge Loan Amount.

More Definitions of Bridge Loan Amount

Bridge Loan Amount in Section 1 of the Purchase Agreement is hereby amended to read as follows:

Bridge Loan Amount is Advances of up to $1,500,000.

Bridge Loan Amount means $6,500,000, plus any accrued and unpaid interest thereon.

Bridge Loan Amount means the amount of the Bridge Loan as agreed, if at all, pursuant to Section 8.06.

Bridge Loan Amount means the amount, if any, borrowed by the Company from Parent pursuant to Section 5.18 hereof and not repaid prior to Closing.

Bridge Loan Amount means the aggregate dollar amount due under all of the Bridge Notes.