Senior Bridge Facility definition
Examples of Senior Bridge Facility in a sentence
Any borrowing, guaranteeing or securing (as applicable) of the Total Commitments (as defined in the Senior Bridge Facility Agreement, the Senior Secured Bridge Facilities Agreement and the RCF Facility Agreement) and of the Commitments (as defined in the TLB Credit Agreement) by the Company would not cause any borrowing, guarantee, security or similar limit binding on the Company to be exceeded.
Amounts borrowed under the Senior Bridge Facility that are repaid or prepaid may not be reborrowed.
Amounts borrowed under the Senior Bridge Facility and repaid or prepaid may not be reborrowed.
The Acquisition Agreement is hereby amended such that all references to the "Bridge Commitment Letter," the "Senior Bridge Facility" and the bridge financing contemplated by the Bridge Commitment Letter contained in the Acquisition Agreement, as well as any and all provisions that are related to or affected by the foregoing, are deleted in their entirety.
The net cash proceeds from the issuance of the Securities (or other debt securities issued to refinance the Senior Bridge Facility in whole or in part) will be applied to refinance the Bridge Loans held by such Bridge Lender or its affiliates, notwithstanding the pro rata provisions otherwise applicable to redemptions and prepayments.