Cashless Settlement Option Sample Clauses

Cashless Settlement Option. to convert 100% of the outstanding principal amount of the Original Term Loans held by such Original Term Loan Lender (or such lesser amount allocated to such Lender by the First Refinancing Amendment Arranger) into Term B Loans in a like principal amount. Post-Closing Settlement Option ☒ to have 100% of the outstanding principal amount of the Original Term Loans held by such Original Term Loan Lender prepaid on the First Refinancing Amendment Effective Date and purchase by assignment the principal amount of Term B Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the First Refinancing Amendment Arranger). UFC Holdings, LLC
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Cashless Settlement Option. to convert 100% of the outstanding principal amount of the Original Term Loans held by such Original Term Loan Lender (or such lesser amount allocated to such Lender by the First Refinancing Amendment Arranger) into Term B Loans in a like principal amount. Post-Closing Settlement Option ☐ to have 100% of the outstanding principal amount of the Original Term Loans held by such Original Term Loan Lender prepaid on the First Refinancing Amendment Effective Date and purchase by assignment the principal amount of Term B Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the First Refinancing Amendment Arranger).
Cashless Settlement Option o to convert 100% of the outstanding principal amount of the Term Loan(s) held by such Lender (or such lesser amount allocated to such Lender by the Refinancing Amendment Lead Arrangers) into a Refinancing Term Loan in a like principal amount. In the event a lesser amount is allocated, the difference between the current amount and the allocated amount will be prepaid on the Second Amendment Date.
Cashless Settlement Option. to convert 100% of the outstanding principal amount of the Existing Term B1 Loans held by such Term B1 Lender (or such lesser amount as notified to such Lender by the Administrative Agent) into new Term B1 Loans in a like principal amount in Dollars.
Cashless Settlement Option. Hereby (i) elects, upon the Effective Date, to exchange the full amount (or such lesser amount as may be allocated to it by the Lead Arranger) of the outstanding Existing Term Loans of such Participating Lender for an equal outstanding amount of 2018 Repriced Term Loans under the Amended Credit Agreement and (ii) represents and warrants to the Administrative Agent that it has the organizational power and authority to execute, deliver and perform its obligations under this letter agreement and the Amendment (including, without limitation, with respect to any exchange contemplated hereby) and has taken all necessary corporate and other organizational action to authorize the execution, delivery and performance of this letter agreement and the Amendment.
Cashless Settlement Option. ¨ to convert 100% of the outstanding principal amount of the Term B Loan held by such Lender (or such lesser amount allocated to such Lender by the Arrangers) into a Term B-1 Loan in a like principal amount. Post-Closing Settlement Option ¨ to have 100% of the outstanding principal amount of the Term B Loan held by such Lender prepaid on the Amendment No. 1 Effective Date and purchase by assignment the principal amount of Term B-1 Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Arrangers).
Cashless Settlement Option. to convert 100% of the outstanding principal amount of the Tranche B-3 Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Amendment No. 7 Arrangers) into Tranche B-4 Term Loans in a like principal amount. Post-Closing Settlement Option ☐ to have 100% of the outstanding principal amount of the Tranche B-3 Term Loans held by such Lender prepaid on the Amendment No. 7 Effective Date and purchase by assignment a like principal amount of Tranche B-4 Term Loans (or such lesser amount allocated to such Lender by the Amendment No. 7 Arrangers).
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Cashless Settlement Option. to convert the entire aggregate principal amount of its Term B Loan to a Term B-1 Loan (or such lesser amount as may be notified to such Lender by the Administrative Agent) on the Amendment No. 3
Cashless Settlement Option. ☐ to deem prepaid 100% of the outstanding principal amount of the Existing Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) with proceeds of a 2019 Refinancing Term Loan in a like principal amount. Assignment Settlement Option ☐ to have 100% of the outstanding principal amount of the Existing Term Loans held by such Lender prepaid on the Amendment No. 1 Effective Date and to purchase by assignment 2019 Refinancing Term Loans in a like principal amount (or such lesser amount allocated to such Lender by the Administrative Agent).
Cashless Settlement Option. to convert 100% of the outstanding principal amount of the Existing Amendment No. 6 Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Amendment No. 8 Arranger) into Tranche B-5 Term Loans in a like principal amount. Post-Closing Settlement Option ☐ to have 100% of the outstanding principal amount of the Existing Amendment No. 6 Term Loans held by such Lender prepaid on the Amendment No. 8 Effective Date and purchase by assignment the principal amount of Tranche B-5 Term Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Amendment No. 8 Arranger). Please note that, regardless of whether you elect the Cashless Settlement Option or the Post-Closing Settlement Option, the Amendment No. 8 Arranger may, in its sole discretion, (i) in the case of the Cashless Settlement Option, elect to exchange (on a cashless basis) less than 100% of your existing hold, in which case the difference between the current amount and the allocated amount will be prepaid to each of your funds on the Amendment No. 8 Effective Date on a pro rata basis and/or (ii) in the case of the Post-Closing Settlement Option, allocate to you less than 100% of your existing hold, in which case your allocated amount will be allocated to each of your funds on a pro rata basis.
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