Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Credit Loans by way of an Incremental Amendment or Extension Amendment or any other amendment to this Agreement, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cash” or any other similar requirement.
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Samples: Abl Credit Agreement (Avaya Holdings Corp.), Abl Credit Agreement (Avaya Holdings Corp.), Abl Credit Agreement (Avaya Holdings Corp.)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Loan Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Credit Loans by way with loans that refinance in full or fully replace a Tranche of an Incremental Amendment Term Loans or Extension Amendment or any other amendment to this Agreementloans incurred under a new credit facility, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Loan Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cash” or any other similar requirement.
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Samples: Credit Agreement (Golden Nugget Online Gaming, Inc.), Credit Agreement (Golden Nugget Online Gaming, Inc.)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Loan Document, to the extent that any the Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Credit Loans by way of an with Incremental Amendment Loans, Refinancing Loans, Extended Loans or Extension Amendment or any other amendment to this Agreementloans incurred under a new credit facility, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such the Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Loan Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cash” or any other similar requirement.
Appears in 2 contracts
Samples: Credit Agreement (ESH Hospitality, Inc.), Credit Agreement (ESH Hospitality, Inc.)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Credit Loans by way of an Incremental Amendment or Extension Amendment or any other amendment to this Agreementwith loans incurred under a new credit facility, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender pursuant to settlement mechanisms approved by the Borrower, the Administrative Agent and such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cashCash” or any other similar requirement.
Appears in 2 contracts
Samples: Restructuring Support Agreement (QualTek Services Inc.), Debtor in Possession Abl Credit and Guaranty Agreement (QualTek Services Inc.)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Loan Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Loans with Loans in connection with any Replacement Revolving Credit Loans by way of an Incremental Amendment Facility or Extension Amendment or any other amendment to this Agreementloans incurred under a new credit facility, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Loan Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cashCash” or any other similar requirement.
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Samples: First Lien Credit Agreement (Isos Acquisition Corp.)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Loan Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Credit Loans by way of with an Incremental Amendment Credit Facility, Refinancing Indebtedness, Ratio Debt or Extension Amendment or any other amendment to this Agreementloans incurred under a new credit facility, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Loan Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cashCash” or any other similar requirement.
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Samples: Credit Agreement (CarGurus, Inc.)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Loan Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Credit Loans by way of an Incremental Amendment with loans that refinance in full or Extension Amendment fully replace the Loans or any other amendment to this Agreementloans incurred under a new credit facility, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Loan Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cash” or any other similar requirement.
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Samples: Senior Subordinate Superpriority Secured Debtor in Possession Credit Agreement (ProSomnus, Inc.)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Loan Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Loans with Incremental Facilities, Extended Term Loans, Extended Revolving Credit Loans by way of an Incremental Amendment Facilities or Extension Amendment or any other amendment to this Agreementloans incurred under a new credit facility, in each case, to the extent such extension, replacement, replacement or renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Loan Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cashCash” or any other similar requirement.
Appears in 1 contract
Samples: Credit Agreement (Teladoc, Inc.)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Loan Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Credit Loans by way of an Incremental Amendment with Loans in connection with any replacement revolving facility, extended revolving loans or Extension Amendment or any other amendment to this Agreementloans incurred under a new credit facility, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Loan Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cashCash” or any other similar requirement.
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Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Loan Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Loans (including with Incremental Credit Extensions, Loans by way of an Incremental Amendment in connection with any Refinancing Indebtedness or Extension Amendment or any other amendment to this Agreementloans incurred under a new credit facility), in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Loan Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cash” or any other similar requirement.
Appears in 1 contract
Samples: Credit Agreement (Meredith Corp)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Loan Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Credit Loans by way of an with Incremental Amendment Facilities, Refinancing Term Loans, Extended Term Loans or Extension Amendment or any other amendment to this Agreementloans incurred under a new credit facility, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Loan Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cashCash” or any other similar requirementrequirement and the amount of such “cashless roll” shall be deemed to be proceeds received by the Borrower.
Appears in 1 contract
Samples: Second Lien Credit Agreement (ONESPAWORLD HOLDINGS LTD)
Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Document, to the extent that any Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Revolving Credit Loans by way of an Incremental Amendment or Extension Amendment or any other amendment to this Agreement, in each case, to the extent such extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Document that such payment be made “in Dollars”, “in immediately available funds”, “in Same Day Funds”, “in cash” or any other similar requirement.
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