Bridge Term Loans definition

Bridge Term Loans shall have the meaning assigned to such term in the recitals hereto.
Sample 1Sample 2Sample 3
Bridge Term Loans means the “Term Loans” as defined in the Bridge Credit Agreement.
Sample 1Sample 2Sample 3

Examples of Bridge Term Loans 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.

  • As of the Petition Date, the aggregate principal amount of (i) Initial Term A Loans outstanding is $85,087,573.55, (ii) Initial Term B Subordinated Loans outstanding is $26,496,854.27, (iii) Bridge Term Loans outstanding is$4,612,647.93, (iv) Delayed Draw Term Loans outstanding is $19,425,492.42, (v) Eighth Amendment Term Loans outstanding is $5,427,959.17, (vi) Twelfth Amendment Term Loans outstanding is $3,000,000.00 and (vii) Thirteenth Amendment Term Loans outstanding is$2,000,000.00.

  • As of the Funding Date (and after giving effect to the application of the proceeds of the Acquisition Term Loans and any Bridge Term Loans made on the Funding Date and the other elements of the Transaction to occur on the Funding Date), RP Investments has no direct Subsidiaries other than the Borrower and RPI Acquisitions, the Borrower has no Subsidiaries other than RPCT, RP Cube Trust, RPDP LLC, RPDP Inc.

  • The Borrower acknowledges and agrees that as of November 15, 2018, the principal amount of Loans and Letters of Credit is $40,148,000.00 ($15,235,000.00 in Term Loans, $13,512,000.00 in Revolving Loans, $7,986,000.00 in Bridge Term Loans, and $3,415,000.00 in Letters of Credit), and such amount (together with interest and fees thereon) is justly and truly owing by the Borrower without defense, offset or counterclaim.

  • For purposes of clarity, the final maturity date of the Bridge Term Loans shall remain April 12, 2019.

  • Any employee served with a subpoena resulting in involuntary absence will be paid his full salary.

  • As of the Funding Date (and after giving effect to the application of the proceeds of the Acquisition Term Loans and the Bridge Term Loans and the other elements of the Transaction to occur on the Funding Date), RP Investments has no direct Subsidiaries other than the Borrower and RPI Acquisitions, the Borrower has no Subsidiaries other than RPCT, RP Cube Trust, RPDP LLC, RPDP Inc.

  • Prior to the Effective Date, each Bank has made "Loans" to the Borrower pursuant to the Original Credit Agreement and "Bridge Loans" (comprised of "Bridge Revolving Loans" and "Bridge Term Loans") to the Borrower pursuant to the Bridge Credit Agreement.

  • The Commitments of the Lenders in respect of the Add-On Term Loans and the Bridge Term Loans are set forth beside such Lender’s name under the applicable heading on Schedule I.

Related to Bridge Term Loans

  • New Term Loans as defined in Section 2.24.

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

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

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

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

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

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

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

  • Second Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the Second Lien Credit Agreement.

  • Tranche B Term Loan as defined in Section 2.1.

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

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Replacement Term Loans has the meaning specified in Section 10.01.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

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

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

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

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

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

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

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

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.