Examples of Bridge Notes in a sentence
Riley Commercial Capital, LLC (collectively, the “Unsecured Bridge Notes”), are also reported as prepetition unsecured debt, whereas the Unsecured Bridge Notes were inadvertently included in prepetition priority debt on previous monthly operating reports.
Any provision of this Note other than the principal amount and identity of the Holder may be amended, waived or modified upon the written consent of the Company and the parties providing at least a majority of the aggregate principal amounts provided pursuant to the Bridge Notes.
Subject to the provisions of Section 3 hereof relating to the conversion of this Note, principal and accrued interest hereof shall be payable on the earlier of (i) the date of the next meeting of the Company's stockholders at which a proposal seeking the approval of the sale of the Bridge Notes (as defined below) is voted upon and is not approved by the Company's stockholders, or (ii) September 30, 2003 (the "Maturity Date").
Subject to the provisions of Section 3 hereof relating to the conversion of this Note, principal and accrued interest hereof shall be payable on the earlier of (i) the date of the next meeting of the Company's stockholders at which a proposal seeking the approval of the sale of the Bridge Notes (as defined below) is voted upon and is not approved by the Company's stockholders, or (ii) December 31, 2003 (the "Maturity Date").
A Subsequent Bridge Note shall bear interest from the date of its issuance at the same rate borne by all Bridge Notes.