Application of the Purchase Price to Certain Loans. The Grantee agrees that the Company and the CD&R Fund shall be entitled to apply any amounts to be paid by the Company or the CD&R Fund, as the case may be, to purchase the Covered Options pursuant to this Section 5 to discharge any indebtedness of the Grantee to the Company or any Subsidiary, or indebtedness that is guaranteed by the Company or any Subsidiary, including, but not limited to, any indebtedness of the Grantee incurred to purchase any shares of Common Stock.
Application of the Purchase Price to Certain Loans. The Grantee agrees that Holding and the C&D Fund shall be entitled to apply any amounts to be paid by Holding or the C&D Fund, as the case may be, to repurchase the Covered Options pursuant to this Section 4 to discharge any indebtedness of the Grantee to Holding or any Subsidiary, or indebtedness that is guaranteed by Holding or any such Subsidiary, including, but not limited to, any indebtedness of the Grantee incurred to purchase any shares of Common Stock.
Application of the Purchase Price to Certain Loans. The Grantee agrees that Worldwide and the CD&R Fund shall be entitled to apply any amounts to be paid by Worldwide or the CD&R Fund, as the case may be, to purchase the Covered Options pursuant to this Section 5 to discharge any indebtedness of the Grantee to Worldwide or any Subsidiary, or indebtedness that is guaranteed by Worldwide or any Subsidiary, which indebtedness was incurred by the Grantee in connection with his purchase of any shares of Common Stock.
Application of the Purchase Price to Certain Loans. The Participant agrees that the Company shall be entitled to apply, or to direct the application of, any amounts to be paid by the Company to purchase Shares pursuant to Section 6(c) to discharge any indebtedness of the Participant to, or guaranteed by, the Company or any of its Subsidiaries.
Application of the Purchase Price to Certain Loans. The Purchaser agrees that Holding, BRS and the C&D Fund shall be entitled to apply any amounts to be paid by Holding, BRS or the C&D Fund, as the case may be, to repurchase Shares pursuant to Section 5 or 6 hereof to discharge any indebtedness of the Purchaser to Holding or any of its direct or indirect subsidiaries, including, without limitation, indebtedness of the Purchaser incurred to purchase the Shares or indebtedness that is guaranteed by Holding or any of its direct or indirect subsidiaries.
Application of the Purchase Price to Certain Loans. The Grantee agrees that the Company and the C&D Fund shall be entitled to apply any amounts to be paid by the Company or the C&D Fund, as the case may be, to repurchase the Covered Option pursuant to this Section 4 to discharge any indebtedness of the Grantee to the Company or any of its direct or indirect subsidiaries, or indebtedness that is guaranteed by the Company or any of its direct or indirect subsidiaries, including, but not limited to, any indebtedness of the Grantee incurred to purchase any shares of Common Stock.
Application of the Purchase Price to Certain Loans. The Purchaser agrees that the Company and the CD&R Fund shall be entitled to apply any amounts to be paid by the Company or the CD&R Fund, as the case may be, to repurchase Shares pursuant to Section 5 or 6 hereof to discharge any indebtedness of the Purchaser to the Company, RIC or any Subsidiary, including, without limitation, indebtedness of the Purchaser incurred to purchase the Shares or indebtedness to a third party that is guaranteed by the Company, RIC or any Subsidiary.
Application of the Purchase Price to Certain Loans. The -------------------------------------------------- Purchaser agrees that the Company and the C&D Fund shall be entitled to apply any amounts to be paid by the Company or the C&D Fund, as the case may be, to repurchase Shares pursuant to Section 5, 6 or 8(c) hereof to discharge any indebtedness of the Purchaser to the Company or any of its direct or indirect subsidiaries, or indebtedness that is guaranteed by the Company or any of its direct or indirect subsidiaries, including, without limitation, any indebtedness of the Purchaser incurred to purchase the Shares.
Application of the Purchase Price to Certain Loans. The Grantee agrees that the Company and the Principal Members shall be entitled to apply any amounts to be paid by the Company or the Principal Members, as the case may be, to repurchase Units pursuant to Section 5 hereof to discharge any indebtedness of the Grantee to the Company or any of its direct or indirect subsidiaries, including, without limitation, indebtedness of the Grantee that is guaranteed by the Company or any of its direct or indirect subsidiaries.
Application of the Purchase Price to Certain Loans. The Grantee agrees that the Company shall be entitled to apply any amounts to be paid by the Company to repurchase the Covered Option pursuant to this Section 4 to discharge any indebtedness of the Grantee to the Company or any of its direct or indirect subsidiaries, or indebtedness that is guaranteed by the Company or any of its direct or indirect subsidiaries, including, but not limited to, any indebtedness of the grantee incurred to purchase any shares of Common Stock.
