Examples of Senior Bridge Facility in a sentence
The Administrative Agent shall have received a solvency certificate, substantially in the form set forth in Annex I attached to this Exhibit C from the chief financial officer, chief accounting officer or other officer with equivalent duties of the Senior Bridge Facility Borrower as to the solvency of the Senior Bridge Facility Borrower and its subsidiaries on a consolidated basis.
After giving effect to the consummation of the Transaction, Holdings and its subsidiaries shall have no third party indebtedness for borrowed money other than (i) the Senior Notes and/or the Senior Bridge Facility, (ii) the Senior Secured Credit Facilities and (iii) other indebtedness consisting of grower lowers, capitalized leases and other indebtedness incurred in the ordinary course of business in an aggregate principal amount pursuant to this clause (iii) not to exceed $30 million.
Each Credit Party and the applicable Lenders shall have executed and delivered, with respect to the Term Facility, the Term Facility Documentation, with respect to the ABL Facility, the ABL Credit Documentation and, with respect to the Senior Bridge Facility, the Senior Bridge Loan Documentation, in each case, to which they are parties.
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.