Examples of Bridge Obligations in a sentence
After all Senior Indebtedness of the Borrower is paid in full and until the Bridge Obligations are paid in full, Lenders shall be subrogated to the rights of holders of Senior Indebtedness to receive distributions applicable to such Senior Indebtedness.
In addition, the Chapter 7 Trustee and Marble Bridge entered into a consensual cash collateral order which allowed the Chapter 7 Trustee to use cash collateral while the Marble Bridge Obligations were being satisfied.
The Allocation Interests shall be certificated in the form of an Allocation Interest Certificate.
Nothing in this Article 8 shall have any effect on the right of the Lenders or the Administrative Agent to accelerate the maturity of the Loans or other Bridge Obligations.
In order to further perfect and protect the Liens on the Collateral granted to Infogrames U.S. pursuant to this Agreement to secure the Bridge Obligations, Infogrames U.S. hereby authorizes and appoints the Administrative Agent to hold on Infogrames U.S.'s behalf and as its agent all Collateral granted hereunder for purposes of possession and control under the UCC or other applicable law and to act on its behalf as otherwise set forth herein.