Equity Bridge Facility definition

Equity Bridge Facility means the facility made available under the Equity Bridge Facility Agreement.
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Equity Bridge Facility means the credit agreement dated as of the Closing Date by and among the Borrower, the guarantors party thereto the administrative agent party thereto and the lenders party thereto governing the Equity Bridge Loans, as the same may be amended, restated, supplemented or otherwise modified from time to time.
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Equity Bridge Facility means the Equity Bridge Facility made available pursuant to the Equity Bridge Facility Agreement.
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Examples of Equity Bridge Facility in a sentence

  • The Corporation replaced the Equity Bridge Facility with the proceeds of the offering (the “Equity Offering”) by way of a prospectus supplement dated March 29, 2017 (the “Prospectus Supplement”) to a short form base shelf prospectus dated February 24, 2016 of common shares in the capital of the Corporation (“Common Shares”) completed on April 6, 2017.

  • Matters concerning the Board of DirectorsThe Company shall regard the Board of Directors as the fundamental and strategic decision-making body, as well as the supervisory body for business execution.

  • The Equity Bridge Facility will be repaid with the proceeds from the deferred equity tranche.

  • Each Guarantor confirms (respectively) that its guarantee under Clause 18 (Guarantee and indemnity) of the Equity Bridge Facility Agreement remains in full force and effect notwithstanding the amendments contemplated by this letter.

  • The Company undertakes not to reduce the Committed Amounts until after the later of (i) completion of the Acquisition and (ii) repayment (as such term is defined in the Equity Bridge Facility) of any avales issued under the Equity Bridge Facility in connection with the Acquisition (provided that nothing in this clause 11.8 shall operate to prevent the Company complying with its obligations under the Equity Bridge Facility relating to mandatory prepayments or cancellations of the Equity Bridge Facility).

  • Payments must generally be made to reduce indebtedness under those Facilities in priority to the Equity Bridge Facility.

  • Terms used in this letter shall have the meanings given to them in the Equity Bridge Facility Agreement unless otherwise defined herein.

  • Subordination and Mandatory Prepayments The indebtedness under the Equity Bridge Facility is subordinate to indebtedness under both the Senior Facilities and the Hybrid Bridge Facility.

  • The expected latest time and date for acceptance and payment in full under the Rights Issue will be 11.00 a.m. on 11 June 2008.The Rights Issue is fully underwritten by Hoare Govett, Morgan Stanley, Citi and Lehman Brothers.The fully underwritten Rights Issue will enable Imperial Tobacco to repay a significant proportion of the equity bridge facility (as provided pursuant to the Equity Bridge Facility Agreement) used to fund part of the cash consideration for the acquisition of Altadis.

  • The net proceeds of the Entitlement Offer will be used to repay the Equity Bridge Facility which is being drawn on to partially fund the consideration and related transaction costs payable by a wholly owned subsidiary of Southern Cross Media under the Takeover Offer.


More Definitions of Equity Bridge Facility

Equity Bridge Facility means the Equity Bridge Facility dated on or about the date hereof between Borrower and the Equity Bridge Lender].3
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Equity Bridge Facility means the debt facility in the agreed form to finance initially the equity component of the funds required by the Company to finance the Acquisition;
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Equity Bridge Facility means a facility granted by the Buyer to a Fund in accordance with its standard credit policies, granting one or more financial commitments (whether such commitments may be drawn by cash or guarantee issuance) to entities of a Fund or to several Funds managed by the same Fund Management Group, each Fund having a specific drawing sub-limit and Minimum Coverage Ratio, as further identified in the Reference Portfolio;
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Equity Bridge Facility means the Bridge Credit and Guaranty Agreement dated on or about the Issue Date between the Company (as borrower), certain Subsidiaries of the Company (as guarantors), certain lenders thereto from time to time, Credit Suisse Securities (USA) LLC (as joint lead arrangers and joint bookrunners) and Xxxxxxx Xxxxx Bank USA (as administrative agent), as amended, restated, supplemented, waived, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refunded, refinanced or otherwise modified from time to time, including any agreement or indenture extending the maturity thereof, refinancing, replacing or otherwise restructuring all or any portion of the Debt under such agreements or any successor or replacement agreement or agreements or increasing the amount loaned or issued thereunder or altering the maturity thereof.
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Equity Bridge Facility means the £ equity bridge loan facility provided under this Agreement;
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Equity Bridge Facility means a US$140.0 million term loan facility entered into on December 8, 2014 to fund the XL Axiata Tower Assets Acquisition and repay then outstanding indebtedness with a term of 4 months that was repaid in full with proceeds from the Rights Offering.
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Related to Equity Bridge Facility

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Equity Commitment Letter has the meaning set forth in Section 5.5(a).

  • Exit Facilities means, collectively, the Exit ABL Facility and the Exit Term Loan Facility.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • Equity Commitment Letters has the meaning set forth in Section 6.6(a).

  • Financing Commitments has the meaning set forth in Section 5.7.

  • Exit Financing means the financing under the Exit Facility.

  • Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person; (c) statutory pre-emptive rights or pre-emptive rights granted under a Person's Organizational Documents; and (d) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Bridge means a structure including supports erected over a depression or an obstruction, such as water, a highway, or a railway, for the purposes of carrying traffic or other moving loads, and having an opening measuring along the center of the roadway of more than 20 feet between undercopings of abutments or spring lines of arches, or extreme ends of openings for multiple boxes where the clear distance between openings is less than 1/2 of the smaller contiguous opening.

  • Exit Facility Agent means the agent under the Exit Facility.

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Refinancing Commitments shall have the meaning provided in Section 2.15(b)(i).

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.

  • SBIC Equity Commitment means a commitment by the Borrower to make one or more capital contributions to an SBIC Subsidiary.

  • Equity Financing means the next sale (or series of related sales) by the Company of its Equity Securities to one or more third parties following the date of this instrument from which the Company receives gross proceeds of not less than $1,000,000 cash or cash equivalent (excluding the conversion of any instruments convertible into or exercisable or exchangeable for Capital Stock, such as SAFEs or convertible promissory notes) with the principal purpose of raising capital.

  • Existing Credit Facilities means (a) the 364-Day Credit Agreement dated as of February 28, 2012 among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, (b) the Three Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, and (c) the Five Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of October 26, 2006, by and among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Credit Facilities means one or more debt facilities (including the Credit Agreement) or commercial paper facilities providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables) or letters of credit, or any debt securities or other form of debt financing (including convertible or exchangeable debt instruments), in each case, as amended, supplemented, modified, extended, renewed, restated or refunded in whole or in part from time to time.