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. ☒ 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).
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Cashless Settlement Option. to convert 100% of the outstanding principal amount of the Initial Term Loans under the Existing Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Lead Arrangers) into Term B-1 Loans under the Amended Credit Agreement 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 Amendment No. 1 Effective 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. to convert 100% of the outstanding principal amount of the Existing Term Loans held by such Existing Term Loan Lender (or such lesser amount allocated to such Lender by the Second Refinancing Amendment Arranger) into Term B-3 Loans in a like principal amount. ☐ to have 100% of the outstanding principal amount of the Existing Term Loans held by such Existing Term Loan Lender prepaid on the Second Refinancing Amendment Effective Date and purchase by assignment the principal amount of Term B-3 Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Second Refinancing Amendment Arranger).
Cashless Settlement Option. ¨ to exchange 100% of the outstanding principal amount of the Tranche B-1 Dollar Term Loan held by such Lender (or such lesser amount allocated to such Lender by the Lead Arrangers) for a Term B Dollar Loan in a like principal amount.
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 Original Term B Loan held by such Lender (or such lesser amount allocated to such Lender by the First Refinancing Agents) into a Term B-1 Loan in a like principal amount. ¨ to have its Original Term B Loans repaid on the First Refinancing Amendment Effective Date and purchase by assignment $ aggregate principal amount of the Term B-1 Loans (or such lesser amount allocated to such Lender by the First Refinancing Agents) from the Additional Term B-1 Lender. , as a Term B Lender (type name of the legal entity) By: Name: Title: [If a second signature is necessary: By: Name: Title:] The undersigned Revolving Credit Lender hereby irrevocably and unconditionally approves the Additional Amendment. ,
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Cashless Settlement Option. Hereby (i) elects, upon the Amendment No. 6 Effective Date, to exchange the full amount (no partial amounts will be rolled) of the outstanding Existing Tranche B-5 Term Loans of such Participating Lender for an equal outstanding amount of Tranche B-6 Term Loans under the 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 Tranche B-6 Participation Notice 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 Tranche B-6 Participation Notice and the Amendment.
Cashless Settlement Option. The undersigned hereby irrevocably and unconditionally consents to the terms of the Amendment and agrees to the conversion of the full principal amount of its Initial Term Loans (or such lesser amount as notified and allocated to the undersigned by the Administrative Agent, as determined by the Borrowers and the Administrative Agent in their sole direction, with any remaining Initial Term Loans being repaid) effective as of the Effective Date via a cashless roll. In addition, the undersigned agrees to provide the Additional Term A-1 Commitment set forth on Schedule I opposite the undersigned’s name.
Cashless Settlement Option. to convert 100% of the outstanding principal amount of the Term B-1 Loans under the Existing Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Lead Arrangers) into Replacement Term B-2 Loans under the Amended Credit Agreement 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 Amendment No. 2 Funding Date.
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