Bridging Period definition
Examples of Bridging Period in a sentence
Distributions made by the Company in respect of the Units in respect of a period commencing prior to Closing and terminating thereafter (a "Bridging Period") and any profit or loss allocated by the Company in respect of the Units for a Bridging Period shall be prorated between Seller and Purchaser in accordance with their respective periods of ownership of the Units during such Bridging Period.
The Company agrees to keep the Registration Statement effective under the U.S. Securities Act and useable for the purposes contemplated by the Securities Lending Agreement and the Sale and Repurchase Agreement for the Bridging Period.