Existing Bridge Loans definition

Existing Bridge Loans has the meaning set forth in the recitals hereto.
Sample 1Sample 2Sample 3
Existing Bridge Loans means (i) the Bridge Loan Agreement dated as of September 1, 1999 by and among Ericsson Radio Systems AB, Nortel Networks Corporation, GSM Capital Limited Partnership (and ARGC, LLC), Microcell Telecommunications, Inc. and saraide.com inc and the warrants and promissory notes issued pursuant thereto, and (ii) the Bridge Loan Agreement dated as of November 10, 1999 by and among Ericsson Radio Systems AB, Nortel Networks Corporation, Microcell Telecommunications Inc., and saraide.com inc and the convertible promissory notes issued pursuant thereto.
Sample 1
Existing Bridge Loans means any “Loans” under and as defined in the Existing Bridge Loan Agreement.
Sample 1

Examples of Existing Bridge Loans in a sentence

  • The Reservation of Rights Letters, among other things, sought to charge interest at the default rate under the Existing Bridge Loans, the Existing Term Loans and the Existing Revolver Term Loans, respectively.

  • Proposition 9.4. Let t be a β-normal Q-term and let y be a universally quantified variable of Q that has a permanent occurrence in Qt. If σ is a Q-substitution, then y has a permanent occurrence in σQt. If s is Q-free for f in Q, then y has a permanent occurrence in [f ›→ s]Qt.Definition 9.5. Let t be a β-normal Q-term.

  • Notwithstanding anything to the contrary contained in this Agreement, Borrower reserves the right to seek a final determination from the Bankruptcy Court as to whether default interest under the Existing Bridge Loans, the Existing Term Loans and the Existing Revolver/Term Loans was due and payable prior to the Agreement Date and enter further relief consistent with any such finding.

  • Notwithstanding anything in the foregoing to the contrary, the only Revolving Loans made on the Effective Date shall be those made (i) by an exchange of the Existing Bridge Loans and (ii) to fund professional fee payments and other fees and expenses subject to the provisions of the Confirmation Order, each in accordance with Section 2.1(c) below.

  • Simultaneously with the effectiveness of this Agreement, the Existing Bridge Loans of each of the Lenders under the Existing Bridge Credit Agreement as existing immediately prior to the Effective Date, shall be reallocated among the Revolving Lenders so that such Existing Bridge Loans are held by the Revolving Lenders as outstanding Revolving Loans hereunder in accordance with each Revolving Lender’s Pro Rata Share of the Revolving Commitments, set forth on Schedule I attached hereto .

  • Simultaneously with the effectiveness of this Agreement, the Existing Bridge Loans of each of the Lenders under the Existing Bridge Credit Agreement as existing immediately prior to the Effective Date, shall be reallocated among the Revolving Lenders so that such Existing Bridge Loans are held by the Revolving Lenders as outstanding Revolving Loans hereunder in accordance with each Revolving Lender’s Pro Rata Share of the Revolving Commitments, set forth on Schedule I attached hereto.

  • The Borrower timely disputed that an event of default had occurred under each of the Existing Bridge Loans, the Existing Term Loans and the Existing Revolver Term Loans, and continues to dispute that an event of default had occurred.Notwithstanding the foregoing, the parties hereto have executed this Agreement, subject to a reservation of rights on the issue of whether default interest is due and owing.

  • Parent shall cause the Surviving Corporation to pay off the Existing Bridge Loans in full as soon as practicable following the Effective Time, and in any event not later than ten (10) days following the Effective Date.

  • The Borrower shall use the proceeds of the Revolving Loans to refinance Existing Revolving Loans and Existing Bridge Loans and Swing Line Loans and may otherwise use the proceeds of the Revolving Loans: (i) for working capital requirements and other general corporate purposes in the ordinary course of business and (ii) up to a maximum of $5,000,000 to fund Permitted Acquisitions.


More Definitions of Existing Bridge Loans

Existing Bridge Loans means the Bridge Loans made pursuant to, and as defined in, Amendment No. 3 to the Existing Credit Agreement that are outstanding immediately prior to the Effective Date.
Sample 1
Existing Bridge Loans means (i) the Bridge Loan Agreement dated as of September 1, 1999 by and among Ericsson Radio Systems AB, Nortel Networks Corporation, GSM Capital Limited Partnership (and ARGC, LLC), Microcell Telecommunications, Inc. and xxxxxxx.xxx inc and the warrants and promissory notes issued pursuant thereto, and (ii) the Bridge Loan Agreement dated as of November 10, 1999 by and among Ericsson Radio Systems AB, Nortel Networks Corporation, Microcell Telecommunications Inc., and xxxxxxx.xxx inc and the convertible promissory notes issued pursuant thereto.
Sample 1

Related to Existing Bridge Loans

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

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • 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).

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • 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 A has the meaning set forth in Section 2.2(a).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Original Loan Agreement has the meaning set forth in the recitals hereto.

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

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).