Bridge Loan Obligations means the full and prompt payment when due (whether at the stated maturity, by acceleration or otherwise) of all obligations (including obligations which, but for the automatic stay under Section 362(a) of the Bankruptcy Code, would become due) and liabilities (including, without limitation, indemnities, fees and interest thereon) of a Pledgor under the Pledge Agreement (as obligor or guarantor, as the case may be) and each Borrower to the Bridge Lender Creditors, whether now existing or hereafter incurred under, arising out of or in connection with the Bridge Loan Agreement and all other Bridge Loan Documents to which it is at any time a party (including, without limitation, all such obligations and liabilities of such Pledgor under the Bridge Loan Agreement (if a party thereto) and under any guaranty by it of the obligations under the Bridge Loan Agreement) and the due performance and compliance by such Pledgor with the terms of each Bridge Loan Document.
Bridge Loan Obligations means all advances to, and debts, liabilities, fees, commissions, obligations, covenants and duties of, any Loan Party arising under any Bridge Loan Document or otherwise with respect to any Bridge Note, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding.
Bridge Loan Obligations any and all “Obligations” under, and as defined in, the Bridge Loan Agreement.
Examples of Bridge Loan Obligations in a sentence
If, while any Senior Indebtedness is outstanding, any Event of Default under SECTION 10.01(f) occurs, the Lenders shall take such action as the Agent may reasonably request to collect any payment with respect to the Bridge Loan Obligations for the account of the holders of the Senior Indebtedness and to file appropriate claims or proofs of claim in respect of the Bridge Loan Obligations.
The proceeds of the Mortgage Loan shall be used to repay a portion of "Bridge Loan" Obligations to the Bank as defined in the Credit Facility Agreement among the Bank and the Borrower dated as of February 12, 1996.
In the event of an IPO, notwithstanding any other provision contained herein to the contrary, the limitations on payments and Remedies set forth in the preceding sentence are the only restrictions and limitations applicable to the Bridge Loan Obligations and the Lenders.
REMEDIES" shall mean, with respect to an Event of Default hereunder, the acceleration of the Bridge Loan Obligations or the exercise of any remedies in respect of such Event of Default (including, without limitation, the right to xxx Holdings, the Borrower or any Subsidiary or to file or participate in any involuntary bankruptcy proceeding against Holdings, the Borrower or any of their respective Subsidiaries).
The Prepetition Bridge Loan Agreement and any other agreements and documents executed or delivered in connection therewith or pursuant thereto, each as may be amended, restated, supplemented or otherwise modified from time to time are collectively referred to hereinas the “Prepetition Bridge Loan Documents.” (b) Prepetition Bridge Loan Obligations.
More Definitions of Bridge Loan Obligations
Bridge Loan Obligations shall include, without limitation, all interest, charges and fees (including reasonable attorneys fees’ and expenses) accrued or accruing (or which would, absent commencement of an insolvency or liquidation proceeding under any Bankruptcy Law, accrue) after the commencement of an insolvency or liquidation proceeding in accordance with the Bridge Loan Documents whether or not the claim for such interest, charges or fees are allowable, recoverable or enforceable in such insolvency or liquidation proceeding. For all purposes hereunder, “Bridge Loan Obligations” shall also include all indebtedness, obligations and liabilities of the Borrowers and Guarantors named therein thereunder (or any one or more of them) to repay any amounts previously paid by the obligors thereunder (or any one or more of them) pursuant to the Obligations thereunder, which amounts have been returned to the Borrowers and Guarantors thereunder (or any one or more of them), any of their bankruptcy estates, to a trust or similar structure established under a plan of reorganization or liquidation of the obligors thereunder (or any one or more of them) or to a trustee or similar person by the Lenders under the Bridge Loan Agreement pursuant to Sections 542, 544, 545, 547, 548, 549, 550, 553 and 724(a) of the Bankruptcy Code or otherwise under other applicable legislation.
Bridge Loan Obligations shall include, without limitation, all interest, charges and fees (including reasonable attorneys fees’ and expenses) accrued or accruing (or which would, absent commencement of an Insolvency or Liquidation Proceeding, accrue) after the commencement of an Insolvency or Liquidation Proceeding in accordance with the Bridge Loan Documents whether or not the claim for such interest, charges or fees are allowable, recoverable or enforceable in such Insolvency or Liquidation Proceeding. For all purposes hereunder, “Bridge Loan Obligations” shall also include all indebtedness, obligations and liabilities of the Bridge Loan Parties (or any one or more of them) to repay any amounts previously paid by the Bridge Loan Parties (or any one or more of them) pursuant to the Bridge Loan Documents, which amounts have been returned to the Bridge Loan Parties (or any one or more of them), any of their bankruptcy estates, to a trust or similar structure established under a plan of reorganization or liquidation of the Bridge Loan Parties (or any one or more of them) or to a trustee, Receiver or similar Person by the Bridge Loan Agent pursuant to Sections 542, 544, 545, 547, 548, 549, 550, 553 and 724(a) of the Bankruptcy Code, any Canadian Avoidance Law or otherwise under other applicable legislation.
Bridge Loan Obligations means all Obligations under the Bridge Loan.
Bridge Loan Obligations means all obligations, liabilities and indebtedness outstanding at any time under the Bridge Loan Agreement or any other Bridge Loan Documents. “Bridge Loan Obligations” shall include, without limitation, all interest, charges and fees (including reasonable attorneys fees’ and expenses) accrued or accruing (or which would, absent commencement of an insolvency or liquidation proceeding under any Bankruptcy Law, accrue) after the commencement of an insolvency or liquidation proceeding in accordance with the Bridge Loan Documents whether or not the claim for such interest, charges or fees are allowable, recoverable or enforceable in such insolvency or liquidation proceeding. For all purposes hereunder, “Bridge Loan Obligations” shall also include all indebtedness, obligations and liabilities of the Borrowers and Guarantors named therein thereunder (or any one or more of them) to repay any amounts previously paid by the obligors thereunder (or any one or more of them) pursuant to the Obligations thereunder, which amounts have been returned to the Borrowers and Guarantors thereunder (or any one or more of them), any of their bankruptcy estates, to a trust or similar structure established under a plan of reorganization or liquidation of the obligors thereunder (or any one or more of them) or to a trustee or similar person by the Lenders under the Bridge Loan Agreement pursuant to Sections 542, 544, 545, 547, 548, 549, 550, 553 and 724(a) of the Bankruptcy Code or otherwise under other applicable legislation.
Bridge Loan Obligations means the `Credit Party Obligations' (as such term is defined in the Bridge Credit Agreement)."
Bridge Loan Obligations means all obligations, liabilities and indebtedness outstanding at any time under the Bridge Loan Agreement or any other Bridge Loan Documents. “Bridge Loan Obligations” shall include, without limitation, all interest, charges and fees (including reasonable attorneys fees’ and expenses) accrued or accruing (or which would, absent commencement of an Insolvency or Liquidation Proceeding, accrue) after the commencement of an Insolvency or Liquidation Proceeding in accordance with the Bridge Loan Documents whether or not the claim for such interest, charges or fees are allowable, recoverable or enforceable in such Insolvency or Liquidation Proceeding. For all purposes hereunder, “Bridge Loan Obligations” shall also include all indebtedness, obligations and liabilities of the Bridge Loan Parties (or any one or more of them) to repay any amounts previously paid by the Bridge Loan Parties (or any one or more of them) pursuant to the Bridge Loan Documents, which amounts have been returned to the Bridge Loan Parties (or any one or more of them), any of their bankruptcy estates, to a trust or similar structure established under a plan of reorganization or liquidation of the Bridge Loan Parties (or any one or more of them) or to a trustee, Receiver or similar Person by the Bridge Loan Agent pursuant to Sections 542, 544, 545, 547, 548, 549, 550, 553 and 724(a) of the Bankruptcy Code, any Canadian Avoidance Law or otherwise under other applicable legislation.
Bridge Loan Obligations means the Indebtedness incurred and Obligations under this Agreement.