Examples of Bridge Loan Closing Date in a sentence
Proprietary Rights; Employee Restrictions........................
As of the Bridge Loan Closing Date, no Default or Event of Default shall be continuing.
The representations and warranties contained in Article VI hereof shall be true and correct in all material respects as of the Bridge Loan Closing Date, except to the extent any such representations and warranties are expressly limited to an earlier date, in which case, on and as of the Bridge Loan Closing Date, such representations and warranties shall continue to be true and correct in all material respects as of such specified earlier date.
On or prior to the Bridge Loan Closing Date, the Bridge Lenders shall have received duly executed Bridge Loan Notes for each Bridge Lender in the amount at least equal to its Bridge Loan Commitment.
The Bridge Lenders shall have received a certificate dated as of the Bridge Loan Closing Date and signed by an officer of the Borrower, confirming compliance with the conditions set forth in Section 2.9.2, Section 2.9.3 and Section 2.9.4 of this Agreement.
Subject to the terms and conditions set forth herein and in the Third Amendment, each Bridge Lender severally agrees to make its portion of Bridge Loans to the Borrower in Dollars on the Bridge Loan Closing Date in an amount not to exceed such Bridge Lender’s Bridge Loan Commitment.
The Incremental Bridge Lenders shall have received a certificate dated as of the Incremental Bridge Loan Closing Date and signed by an officer of the Borrower, confirming compliance with the conditions set forth in Section 2.10.2, Section 2.10.3 and Section 2.10.4 of this Agreement.
All representations and warranties of the Company set forth in Article 2 of the Securities Purchase Agreement are true and correct as of the Bridge Loan Closing Date, which representations and warranties are incorporated herein by this reference with the same force and effect as though each such representation and warranty was set forth in full herein.
The Borrower shall pay to the Administrative Agent, for the account of each Lender in accordance with its Applicable Percentage, an upfront fee in an amount equal to 3.0% of the aggregate Bridge Loan Commitments (the “Bridge Loan Upfront Fee”), which Bridge Loan Upfront Fee shall be fully-earned, non-refundable due and payable as of the Bridge Loan Closing Date and shall be paid directly from the proceeds of the Bridge Loans funded on the Bridge Loan Closing Date.
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