Cash Bridge Facility definition
Examples of Cash Bridge Facility in a sentence
Paragraph 1(b)(xix), Schedule 15 Cash Bridge Facility Basket To be removed.
Any such cancellation shall reduce each Lender's Available Commitment or Commitment under the Term Facilities or the Cash Bridge Facility on a pro rata basis and any Revolving Lender's Ancillary Limit, if any, shall be reduced accordingly.
The Borrower will use the proceeds of the Loans to finance in part the Transactions and to pay fees and expenses in connection therewith; provided that if the Borrower utilizes the Loans for any purpose other than the payment of the Cash Consideration it shall ensure that it shall have remaining Commitments hereunder and commitments under the Cash Bridge Facility in an aggregate amount at least equal to the amount of the Cash Consideration.
No Break Costs shall be payable and the duration of the first Interest Period of each such Term Loan shall (if applicable) be equal to the unexpired portion of the Interest Period of the Cash Bridge Facility A Loans so redesignated.