Bridge Loan Financing definition

Bridge Loan Financing means a short- term loan made in anticipation of intermediate-term or long-term financing.
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Bridge Loan Financing means the bridge loan financing which completed on July 12, 2019 in which the Company raised gross proceeds of $350,000 by way of the sale of 350 Convertible Debenture Units to MVMD.
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Bridge Loan Financing means a financing by the Company of up to $2,000,000 in exchange for the issuance of equity or debt by the Company prior to the consummation of the Transaction.
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Examples of Bridge Loan Financing in a sentence

  • Convertible bridge loan units As part of the Convertible Bridge Loan Financing (Note 4), the principal of the loan can be converted to Units of the Company at an exercise price of $0.19 per Unit.

  • If the Contractor receives inquiries from any person or outside agencies including Press / Media, the same shall be referred to by the Contractor to Client immediately on receipt of such queries.

  • Defendant filed a voluntary petition for bankruptcy on May 25, 2010.On or about April 6, 2006,2 the parties entered into an “Agreement For Bridge Loan Financing and Brokerage” (the “Agreement”) that Plaintiff Barbara Pantos created without legal help based upon similar documents used in her real estate business dealings.

  • At signing 2 of the APA, $1.172 billion of Bridge Loan Financing was committed by KeyBank National 3 Association and KeyBanc Capital Markets (collectively, “KeyBank”), and $978 million of 4 funding was committed by Summit’s existing shareholder, IIF US Holding 2 LP (“US2”).

  • Subsequent events (continued) (b) MPXI Announces New Bridge Loan Financing (continued) In connection with the closing of the Revised Bridge Loan, the Corporation will pay an aggregate finder's fees of approximately $37,944 (US$27,944) and issue an aggregate of 279,000 compensation warrants (the “Compensation Warrants”) to eligible finders.

  • Subsequent Events MPXI Draws Down on Further Short-Term Bridge Loan Financing In July and August 2021, the Corporation drew down on the Bridge Loan in the aggregate amount of$1,404,690.69 (US$1,123,752.56) and issued 7,886,047 Bonus Warrants.

  • The Equity Offering, the Debt Offering, the Revolver Financing, the Term Loan Financing, the Bridge Loan Financing and the Acquisition are collectively referred to herein as the “Transactions”.

  • There are ongoing studies investigating DLT as a supply chain management platform.

  • Meadow Bay paid MVMD a 7% loan administration fee in cash in the amount of $24,500 in connection with the Bridge Loan Financing.

  • Valneva either owns or operates the Facilities, or has or will have a legally binding agreement in place, in each case in order to use, or have used, the Facilities for the purposes of Manufacturing Product pursuant to this Agreement and to ensure the supply and Delivery of Product in accordance with this Agreement.


More Definitions of Bridge Loan Financing

Bridge Loan Financing. AGREEMENTS shall mean that certain Bridge Loan Financing Agreement dated as of June 18, 1997 between the Company and Tycho and that certain Bridge Loan Financing Agreement dated as of August 1, 1997 between the Company and Komasta, as the same may have been amended from time to time. BRIDGE NOTES shall mean, collectively, (i) that certain convertible promissory note dated June 18, 1997, in the original principal amount of $50,000, from the Company to Tycho and (ii) that certain convertible promissory note dated August 1, 1997, in the original principal amount of $450,000, from the Company to Komasta. BRIDGE WARRANTS shall mean the Komasta Bridge Warrant and the Tycho Bridge Warrant, together. BUSINESS - Section 3.21.
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Bridge Loan Financing means the credit facility provided to the Company by Caisse de depot et placement du Quebec or an affiliate thereof and Cascades USA Inc. or an affiliate thereof in an original principal amount not to exceed $61,000,000 plus capitalized interest, for purposes of funding a portion of the Project.
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Related to Bridge Loan Financing

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Bridge Financing has meaning set forth in Section 7.6.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Bridge means a structure including supports erected over a depression or an obstruction, such as water, a highway, or a railway, for the purposes of carrying traffic or other moving loads, and having an opening measuring along the center of the roadway of more than 20 feet between undercopings of abutments or spring lines of arches, or extreme ends of openings for multiple boxes where the clear distance between openings is less than 1/2 of the smaller contiguous opening.

  • Securitization Financing means any transaction or series of transactions that may be entered into by the Borrower or any of its Subsidiaries pursuant to which the Borrower or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Securitization Subsidiary (in the case of a transfer by the Borrower or any of its Subsidiaries) or (b) any other Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets of the Borrower or any of its Subsidiaries, and any assets related thereto, including all collateral securing such Securitization Assets, all contracts and all guarantees or other obligations in respect of such Securitization Assets, proceeds of such Securitization Assets and other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving Securitization Assets.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Bridge Loan Documents means the “Loan Documents” as defined in the Bridge Credit Agreement.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Debt Facility means any Senior Facility and any Second Priority Debt Facility.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Senior ABL Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Second Lien Notes has the meaning set forth in the recitals hereto.

  • Second Lien Notes Documents means the Second Lien Notes Indenture, the Second Lien Notes and all other agreements, instruments and other documents pursuant to which the Second Lien Notes have been or will be issued or otherwise setting forth the terms of the Second Lien Notes.

  • Senior Credit Facilities means the Credit Facilities entered into as of the Measurement Date by and among the Issuer, Holdings III, the lenders party thereto in their capacities as lenders thereunder and Citibank, N.A., as Administrative Agent, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof).

  • New Financing has the meaning specified in Section 2.04(a).

  • New Credit Facility is defined in Section 9.8.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.