Bridge Loan Funding Date definition

Bridge Loan Funding Date means the date the Bridge Loan is funded by the Lender following satisfaction of all conditions set forth in Section 1.6 applicable to the funding of the Bridge Loan (including, without limitation, Section 1.6(d)).
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Bridge Loan Funding Date means the date of any Bridge Loan Borrowing in accordance with Section 2.01(d) and Section 4.03 of this Agreement.
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Bridge Loan Funding Date means the date the Bridge Loan is funded by the Lender following satisfaction of all conditions set forth in Section 1.6 applicable to the funding of the Bridge Loan (including, without limitation, Section 1.6(d)). C) “Bridge Loan Maturity Date” means the earlier to occur of (i) twenty (20) Business Days following the Bridge Loan Funding Date, as such date may be accelerated in accordance with the terms of this Agreement, and (ii) the date of funding of the Rubicon Dividend. D) “Bridge Loan Note” means that certain Term Loan Note dated as of the Bridge Loan Funding Date in the original principal amount equal to the lesser of (i) $12,000,000 and (ii) the Rubicon Dividend, made payable by Parent in favor of the Lender, which Term Loan Note shall be substantially in the form of Exhibit A to the Second Amendment. E) “Limited Conditionality Provisions” has the meaning given that term in the Commitment Letter dated July 1, 2022 by the Lender in favor of the Loan Party Obligors with respect to the Second Amendment. F) “Rubicon” means Rubicon Technology, Inc., a Delaware corporation. G) “Rubicon Acquisition” means the acquisition by Parent of up to forty-five percent (45%) of the outstanding Rubicon Shares in accordance with the provisions of this Agreement and the Rubicon Acquisition Documentation. H) “Rubicon Acquisition Documentation” means (i) the Rubicon SPA, and (ii) the Rubicon Tender Offer Documentation, in each case, together with any other documents executed and delivered in connection therewith. I) “Rubicon Dividend” means the dividend to be paid by Rubicon to Parent in an amount not less than $11.00 per share, the proceeds of which shall be used to repay the Bridge Loan in full. J) “Rubicon Shares” has the same meaning as the term “Shares” as defined in the Rubicon Acquisition Documentation.
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Examples of Bridge Loan Funding Date in a sentence

  • D) “Bridge Loan Note” means that certain Term Loan Note dated as of the Bridge Loan Funding Date in the original principal amount equal to the lesser of (i) $12,000,000 and (ii) the Rubicon Dividend, made payable by Parent in favor of the Lender, which Term Loan Note shall be substantially in the form of Exhibit A to the Second Amendment.

  • Within five (5) Business Days of the Bridge Loan Funding Date, the Offer Closing (as defined in the Rubicon SPA) shall have occurred in accordance with the Rubicon SPA (in each case without Modification that, in any such case, is material and adverse to the Lender without the prior written consent of the Lender (not to be unreasonably withheld, conditioned or delayed)).

  • C) “Bridge Loan Maturity Date” means the earlier to occur of (i) twenty (20) Business Days following the Bridge Loan Funding Date, as such date may be accelerated in accordance with the terms of this Agreement, and (ii) the date of funding of the Rubicon Dividend.

  • Below is a summary description of the material terms of our CPOs. It does not purport to be complete and is qualified in its entirety by reference to the CPO Trust Agreement, an English translation of which has been filed with the SEC as an exhibit to our Annual Report to which this exhibit is attached.


More Definitions of Bridge Loan Funding Date

Bridge Loan Funding Date means, with respect to the First Advance and the Second Advance, the date on which the Lender advances the corresponding amounts thereof to the Borrower pursuant to Section 2.6.2.
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Related to Bridge Loan Funding Date

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • 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).

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

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

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Initial Loan is defined in Section 2.1.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • 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.

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Series Closing Date means the date designated as such in the Series Term Sheet.