Common use of Cashless Rollover of Existing Term Loans Clause in Contracts

Cashless Rollover of Existing Term Loans. Each Repricing Cashless Term Lender agrees that, on the Thirteenth Amendment Effective Date, all (or such lesser amount corresponding to the amount of Repriced B-2021 Term Loans as the Lead Left Arranger may allocate to such Lender) of its Existing B-2021 Term Loans shall be exchanged (pursuant to subsection 3.4(h) of the Existing Credit Agreement) for Repriced B-2021 Term Loans under the Amended Credit Agreement, and such Existing B-2021 Term Loans so exchanged shall be deemed repaid in full on the Thirteenth Amendment Effective Date. Each Repricing Cashless Term Lender acknowledges and agrees that the Lead Left Arranger may, in its sole discretion, elect not to allocate Repriced B-2021 Term Loans to such Lender in an amount equal to 100% of the principal amount of its Existing B-2021 Term Loans, in which case the difference between the principal amount of such Lender’s Existing B-2021 Term Loans as of immediately prior to the Thirteenth Amendment Effective Date and the principal amount of Repriced B-2021 Term Loans allocated to such Lender by the Lead Left Arranger, if any, will be repaid on, and subject to the occurrence of, the Thirteenth Amendment Effective Date. Each Repricing Cashless Term Lender waives any right to receive any payments under subsection 3.12 of the Amended Credit Agreement as a result of the Repricing Transactions.

Cashless Rollover of Existing Term Loans. Each Repricing Cashless Term Lender agrees that, on the Thirteenth Eleventh Amendment Effective Date, all (or such lesser amount corresponding to the amount of Repriced B-2021 Term Loans as the Lead Left Arranger Administrative Agent may allocate to such Lender) of its Existing B-2021 Term Loans shall be exchanged (pursuant to subsection 3.4(h) of the Existing Credit Agreement) for Repriced B-2021 Term Loans under the Amended Credit Agreement, and such Existing B-2021 Term Loans so exchanged shall be deemed repaid in full on the Thirteenth Eleventh Amendment Effective Date, including with respect to all accrued and unpaid interest, fees, expenses and other compensation owed to such Cashless Term Lender and due and payable by the Borrower pursuant to this Amendment and the Existing Credit Agreement. Each Repricing Cashless Term Lender acknowledges and agrees that the Lead Left Arranger Administrative Agent may, in its sole discretion, elect not to allocate Repriced B-2021 Term Loans to such Lender in an amount equal to 100% of the principal amount of its Existing B-2021 Term Loans, in which case the difference between the principal amount of such LenderLxxxxx’s Existing B-2021 Term Loans as of immediately prior to the Thirteenth Eleventh Amendment Effective Date and the principal amount of Repriced B-2021 Term Loans allocated to such Lender by the Lead Left ArrangerAdministrative Agent, if any, will be repaid on, and subject to the occurrence of, the Thirteenth Eleventh Amendment Effective Date. Each Repricing Cashless Term Lender waives any right to receive any payments under subsection 3.12 of the Amended Credit Agreement as a result of the Repricing Transactions.

Cashless Rollover of Existing Term Loans. Each Repricing Cashless Term Lender agrees that, on the Thirteenth Twelfth Amendment Effective Date, all (or such lesser amount corresponding to the amount of Repriced B-2021 Term Loans as the Lead Left Arranger Administrative Agent may allocate to such Lender) of its Existing B-2021 Term Loans shall be exchanged (pursuant to subsection 3.4(h) of the Existing Credit Agreement) for Repriced B-2021 Term Loans under the Amended Credit Agreement, and such Existing B-2021 Term Loans so exchanged shall be deemed repaid in full on the Thirteenth Twelfth Amendment Effective Date, including with respect to all accrued and unpaid interest, fees, expenses and other compensation owed to such Cashless Term Lender and due and payable by the Borrower pursuant to this Amendment and the Existing Credit Agreement. Each Repricing Cashless Term Lender acknowledges and agrees that the Lead Left Arranger Administrative Agent may, in its sole discretion, elect not to allocate Repriced B-2021 Term Loans to such Lender in an amount equal to 100% of the principal amount of its Existing B-2021 Term Loans, in which case the difference between the principal amount of such LenderXxxxxx’s Existing B-2021 Term Loans as of immediately prior to the Thirteenth Twelfth Amendment Effective Date and the principal amount of Repriced B-2021 Term Loans allocated to such Lender by the Lead Left ArrangerAdministrative Agent, if any, will be repaid on, and subject to the occurrence of, the Thirteenth Twelfth Amendment Effective Date. Each Repricing Cashless Term Lender waives any right to receive any payments under subsection 3.12 of the Amended Credit Agreement as a result of the Repricing Transactions.

Cashless Rollover of Existing Term Loans. Each Repricing Cashless Term Lender agrees that, on the Thirteenth Seventh Amendment Effective Date, all (or such lesser amount corresponding to the amount of Repriced B-2021 Term Loans as the Lead Left Arranger Administrative Agent may allocate to such Lender) of its Existing B-2021 Term Loans shall be exchanged (pursuant to subsection 3.4(h) of the Existing Credit Agreement) for Repriced B-2021 Term Loans under the Amended Credit Agreement, and such Existing B-2021 Term Loans so exchanged shall be deemed repaid in full on the Thirteenth Seventh Amendment Effective Date, including with respect to all accrued and unpaid interest, fees, expenses and other compensation owed to such Cashless Term Lender and due and payable by the Borrower pursuant to this Amendment and the Existing Credit Agreement. Each Repricing Cashless Term Lender acknowledges and agrees that the Lead Left Arranger Administrative Agent may, in its sole discretion, elect not to allocate Repriced B-2021 Term Loans to such Lender in an amount equal to 100% of the principal amount of its Existing B-2021 Term Loans, in which case the difference between the principal amount of such Lender’s Existing B-2021 Term Loans as of immediately prior to the Thirteenth Seventh Amendment Effective Date and the principal amount of Repriced B-2021 Term Loans allocated to such Lender by the Lead Left ArrangerAdministrative Agent, if any, will be repaid on, and subject to the occurrence of, the Thirteenth Seventh Amendment Effective Date. Each Repricing Cashless Term Lender waives any right to receive any payments under subsection 3.12 of the Amended Credit Agreement as a result of the Repricing Transactions.

Cashless Rollover of Existing Term Loans. Each Repricing In addition to the agreements set forth in Section 2(b) above, each Cashless Term Lender agrees that, on the Thirteenth Amendment Effective Date, all (or such lesser amount corresponding to the amount of Repriced B-2021 Refinancing Date Term Loans as the Lead Left Arranger Refinancing Date Term Loan Lender may allocate to such Lender) of its Existing B-2021 Term Loans shall be exchanged (pursuant to subsection 3.4(h) Section 2.22 of the Existing Credit Agreement) for Repriced B-2021 Refinancing Date Term Loans under the Amended Credit Agreement, and such Existing B-2021 Term Loans so exchanged shall be deemed repaid in full on the Thirteenth Amendment Effective Date, including with respect to all accrued and unpaid interest, fees, expenses and other compensation owed to such Cashless Term Lender and due and payable by the Borrower pursuant to this Amendment and the Existing Agreement. Each Repricing Cashless Term Lender acknowledges and agrees that the Lead Left Arranger Refinancing Date Term Loan Lender may, in its sole discretion, elect not to allocate Repriced B-2021 Refinancing Date Term Loans to such Lender in an amount equal to 100% of the principal amount of its Existing B-2021 Term Loans, in which case the difference between the principal amount of such Lender’s Existing B-2021 Term Loans as of immediately prior to the Thirteenth Amendment Effective Date and the principal amount of Repriced B-2021 Refinancing Date Term Loans allocated to such Lender by the Lead Left ArrangerRefinancing Date Term Loan Lender, if any, will be repaid on, and subject to the occurrence of, the Thirteenth Amendment Effective Date. Each Repricing Cashless Term Lender waives any right to receive any payments under subsection 3.12 of the Amended Credit Agreement as a result of the Repricing Transactions.