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 Meadow Bay 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

  • On the date hereof PLL has sufficient funds to satisfy the obligations of PLL under the Bridge Loan Financing Agreements.

  • This Note is being delivered in connection with the Bridge Loan Financing Agreement dated November 29, 1999 between the Borrower and the Lender (the "Bridge Loan Agreement").

  • The Company closed the first tranche of the Bridge Loan Financing, raising gross proceeds of $350,000 by way of the sale of 350 Convertible Debenture Units to MVMD.

  • Promptly after a vote of the LTC stockholders approving the Merger, the parties will enter into the Security Agreement and Assignment of Lease (and, upon the request of PLL, LTC shall use its best efforts (subject to market, economic and business conditions) to obtain the express written consent thereto of the lessor thereunder) to provide additional security to PLL under the Bridge Loan Financing Agreements.

  • Bridge Loan Financing On June 26, 2013, the Company issued convertible notes and warrants for the purchase of preferred stock in the next qualified financing to then existing preferred and common stockholders for approximately $3,000 (bridge loan financing).

  • 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”).

  • Effective as of the Effective Time, solely with respect to the Secured Bridge Loan Financing and not with respect to any other offering, the Holder hereby waives all of its rights set forth in Section 10 of the Securities Purchase Agreement, including, but not limited to, rights to notice and participation in the Secured Bridge Loan Financing.

  • On or before 9:30 a.m., New York time, on the first (1st) Business Day following the date of this Amendment, the Company shall file a Current Report on Form 8-K describing all the material terms of the transactions contemplated by this Amendment and the Secured Bridge Loan Financing in the form required by the Securities Exchange Act of 1934, as amended, and attaching a copy of this Amendment (the “8-K Filing”).

  • Each Bridge Loan Financing Document has been validly authorized, executed and delivered by each party thereto and constitutes the valid and binding obligation of each party thereto in accordance with the terms thereof.

  • All securities issued or issuable pursuant to the Bridge Loan Financing are subject to a hold period of four months and a day in accordance with applicable securities legislation.


More Definitions of Bridge Loan Financing

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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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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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 means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • 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, the Second Lien Notes Indenture, the Second Lien Notes Security Documents and all other documents executed and delivered with respect to the Second Lien Notes or Second Lien Notes Indenture, as in effect on the Effective Date and as the same may be amended, modified and/or supplemented from time to time in accordance with the terms hereof and thereof.

  • Senior Credit Facilities means, collectively, the Senior ABL Facility and the Senior Term Facility.

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

  • New Credit Facility is defined in Section 9.8.

  • Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

  • 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.