Common use of Cashless Settlement Option Clause in Contracts

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).

Appears in 5 contracts

Samples: First Refinancing Amendment (New Whale Inc.), Credit Agreement Refinancing Amendment (Endeavor Group Holdings, Inc.), First Refinancing Amendment (Endeavor Group Holdings, Inc.)

AutoNDA by SimpleDocs

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).

Appears in 5 contracts

Samples: First Refinancing Amendment (New Whale Inc.), First Refinancing Amendment (Endeavor Group Holdings, Inc.), Credit Agreement Refinancing Amendment (Endeavor Group Holdings, Inc.)

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).

Appears in 3 contracts

Samples: First Refinancing Amendment (New Whale Inc.), Credit Agreement Refinancing Amendment (Endeavor Group Holdings, Inc.), Credit Agreement (Endeavor Group Holdings, Inc.)

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).

Appears in 3 contracts

Samples: First Refinancing Amendment (New Whale Inc.), Credit Agreement Refinancing Amendment (Endeavor Group Holdings, Inc.), Credit Agreement (Endeavor Group Holdings, Inc.)

Cashless Settlement Option. to convert 100l00% 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).

Appears in 3 contracts

Samples: First Refinancing Amendment (New Whale Inc.), Credit Agreement Refinancing Amendment (Endeavor Group Holdings, Inc.), Credit Agreement (Endeavor Group Holdings, Inc.)

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).

Appears in 3 contracts

Samples: First Refinancing Amendment (New Whale Inc.), Credit Agreement Refinancing Amendment (Endeavor Group Holdings, Inc.), Credit Agreement (Endeavor Group Holdings, Inc.)

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 Tenn 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).

Appears in 3 contracts

Samples: First Refinancing Amendment (New Whale Inc.), Credit Agreement Refinancing Amendment (Endeavor Group Holdings, Inc.), Credit Agreement (Endeavor Group Holdings, Inc.)

AutoNDA by SimpleDocs

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).. [signature page to follow]

Appears in 2 contracts

Samples: First Refinancing Amendment (Endeavor Group Holdings, Inc.), First Refinancing Amendment (Endeavor Group Holdings, Inc.)

Cashless Settlement Option. ☐ to convert 100% of the outstanding principal amount of the Original Existing Term Loans held by such Original Existing Term Loan Lender (or such lesser amount allocated to such Lender by the First Second Refinancing Amendment Arranger) into Term B B-3 Loans in a like principal amount. to have 100% of the outstanding principal amount of the Original Existing Term Loans held by such Original Existing Term Loan Lender prepaid on the First Second Refinancing Amendment Effective Date and purchase by assignment the principal amount of Term B B-3 Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the First Second Refinancing Amendment Arranger).

Appears in 2 contracts

Samples: Credit Agreement (New Whale Inc.), Credit Agreement (Endeavor Group Holdings, Inc.)

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).. [signature page to follow]

Appears in 2 contracts

Samples: First Refinancing Amendment (Endeavor Group Holdings, Inc.), First Refinancing Amendment (Endeavor Group Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!