Bridge Term Loan definition

Bridge Term Loan has the meaning set forth in Section 2.01(a).
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Bridge Term Loan means a loan to be made under the Facility or the principal amount outstanding for the time being of that loan.
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Bridge Term Loan is defined in Section 2.15 and, as so defined, includes a Base Rate Loan or a Eurodollar Loan, each of which is a “type” of Bridge Term Loan hereunder.
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Examples of Bridge Term Loan in a sentence

  • The Bridge Term Loan Commitment of each Lender shall be automatically and permanently reduced to zero upon the funding of the Bridge Term Loans to be made on the Closing Date.

  • Unless previously terminated in accordance with other terms hereof, the Bridge Term Loan Commitments shall automatically terminate at 11.59 p.m., (London time), on the earlier to occur of (i) the last day of the Certain Funds Period and (ii) the consummation of the Acquisition without the use of the Bridge Term Loans.

  • Capitalized terms used but not defined herein shall have the meanings given to them in the Senior Bridge Term Loan Agreement identified below (the “Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee.

  • A portion of the proceeds was used to repay the existing Bridge Term Loan.

  • Capitalized terms used but not defined herein have the meanings provided in the Bridge Term Loan Credit Agreement identified below, receipt of a copy of which is hereby acknowledged by the Assignee.

  • Capitalized terms used but not otherwise defined herein have the meanings provided in the Bridge Term Loan Credit Agreement.

  • Notwithstanding the foregoing to the contrary, the Loan Parties are permitted to enter into the Bridge Term Loan First Amendment on the Second Amendment Effective Date.

  • The Term Loans, the Bridge Term Loan and the Revolving Credit Loans may be prepaid in whole or in part at any time, without penalty or premium, except as otherwise provided in Section 2.1.1(B)." 11 Year 2000.

  • Upon the commencement of an insolvency proceeding against Parent, Borrower or any of their Subsidiaries, the November 2018 Bridge Term Loan may be paid only in cash.

  • In that connection, we have reviewed an original or a copy of the 364-Day Bridge Term Loan Agreement.


More Definitions of Bridge Term Loan

Bridge Term Loan has the meaning given to that term in Clause 6.2 (Bridge Term Loan).
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Bridge Term Loan as defined in Section 4.21.
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Bridge Term Loan. FACILITY: A $2,000 million 364-day bridge term loan facility (the “Bridge Term Loan Facility” the bridge term loans thereunder, the “Bridge Term Loans”), made in U.S. Dollars in a single advance on the Closing Date. The Bridge Term Loan Facility shall consist of two tranches, a $1,500 million tranche (the “Capital Markets Tranche”) and a $500 million tranche (the “Loan Tranche”).
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Related to Bridge Term Loan

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan as defined in Section 2.1.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • New Term Loans as defined in Section 2.24.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Tranche C Term Loan as defined in Section 2.1.

  • Base Rate Term Loan means any portion of a Term Loan during any period in which such portion bears interest based on the Base Rate.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Refinancing Term Loans means one or more Classes of Term Loans hereunder that result from a Refinancing Amendment.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Tranche A Term Loan as defined in Section 2.1.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).