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.
It is further agreed that MLPFS will appear on the top left of the cover page of any marketing materials for the ABL Facility, MLPFS will appear on the top left of the cover page of any marketing materials for the Term Facility and GS Bank will appear on the top left of the cover page of any marketing materials for the Senior Bridge Facility, and in each case will hold the roles and responsibilities conventionally understood to be associated with such name placement.
You agree that, except as contemplated above, no other agents, co-agents or arrangers will be appointed, no other titles will be awarded and no compensation (other than that expressly contemplated by this Commitment Letter and the Fee Letter referred to below) will be paid in connection with the Senior Bridge Facility unless you and we shall so agree.
Additionally, the commitment of each Commitment Party with respect to the Senior Bridge Facility shall terminate at 11:59pm on the date that is one Business Day following the date on which the Acquisition is consummated in the event the Refinancing shall have not been consummated prior to such time.
It is agreed that (a) each of RBCCM and MLPFS will act as joint lead arrangers (in such capacity, the “Lead Arrangers”) and as a joint bookrunners for the Senior Bridge Facility; and (b) RBCCM will act as administrative agent for the Senior Bridge Facility (the “Bridge Administrative Agent” or the “Administrative Agent”).