Common use of Cashless Settlement Option Clause in Contracts

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 Initial 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 Term B-1 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. 1 Effective Date.3

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 ArrangersAdministrative Agent) into Term B-1 Loans under the Amended Restated Credit Agreement in a like principal amount. In the event a lesser amount is allocated, allocated the difference between the current amount and the allocated amount will be prepaid on the Amendment No. 1 Restatement Effective Date.

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 ArrangersAdministrative Agent) into Term B-1 Loans under the Amended Credit Agreement as amended by the Amendment in a like principal amount. In the event a lesser amount is allocatedallocated by the Administrative Agent, the difference between the current amount and the allocated amount will be prepaid on the Amendment No. 1 Effective Date.1

Cashless Settlement Option. ☐ ¨ to convert 100% of the outstanding principal amount of the Initial Domestic Term Loans under the Existing Credit Agreement held by such Domestic Term Lender (or such lesser amount allocated to such Domestic Term Lender by the Lead ArrangersAdministrative Agent) into Tranche B Domestic Term B-1 Loans under the Amended and Restated Credit Agreement in a like principal amount. In the event a lesser amount is allocated, allocated the difference between the current amount and the allocated amount will be prepaid on the Amendment No. 1 Restatement Effective Date.

Cashless Settlement Option. ☐ o to convert 100% of the outstanding principal amount of the Initial Term Loans under the Existing Credit Agreement Loan(s) held by such Lender (or such lesser amount allocated to such Lender by the Refinancing Amendment Lead Arrangers) into a Refinancing Term B-1 Loans under the Amended Credit Agreement 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 No. 1 Effective Date.

Cashless Settlement Option. ☐ ¨ to convert 100% of the outstanding principal amount of the Initial Term Loans under the Existing Credit Agreement B Loan held by such Lender (or such lesser amount allocated to such Lender by the Lead Arrangers) into a Term B-1 Loans under the Amended Credit Agreement Loan in a like principal amount. In ¨ to have 100% of the event a lesser outstanding principal amount is allocated, of the difference between the current amount and the allocated amount will be Term B Loan held by such Lender prepaid on the Amendment No. 1 Effective DateDate 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 Initial Existing Term Loans under the Existing Credit Agreement held by such Existing Term Loan Lender (or such lesser amount allocated to such Lender by the Lead ArrangersSecond Refinancing Amendment Arranger) into Term B-1 B-3 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 Initial Term Loans under the Existing Credit Agreement B Loan held by such Lender (or such lesser amount allocated to such Lender by the Lead Arrangers) into a Term B-1 Loans under the Amended Credit Agreement Loan in a like principal amount. In ¨ to have 100% of the event a lesser outstanding principal amount is allocated, of the difference between the current amount and the allocated amount will be Term B Loan held by such Lender prepaid on the Amendment No. 1 Effective DateDate and purchase by assignment a 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 Initial Dollar Term Loans under the Existing Credit Agreement E-1 Loan held by such Lender (or such lesser amount allocated to such Lender by the Lead Amendment No. 9 Arrangers) into a Dollar Term B-1 Loans under the Amended Credit Agreement F 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 Amendment No. 1 Effective Date.

Cashless Settlement Option. ☐ ¨ to convert 100% of the outstanding principal amount of the Initial Term Loans under the Existing Credit Agreement B-1 Loan held by such Lender (or such lesser amount allocated to such Lender by the Lead Arrangers) into a Term B-1 Loans under the Amended Credit Agreement B-2 Loan in a like principal amount. In ¨ to have 100% of the event a lesser outstanding principal amount is allocated, of the difference between the current amount and the allocated amount will be Term B-1 Loan held by such Lender prepaid on the Amendment No. 1 2 Effective DateDate and purchase by assignment a principal amount of Term B-2 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 Initial Tranche B-3 Term Loans under the Existing Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Lead ArrangersAdministrative Agent) into Initial Term B-1 Loans under the Amended and Restated Credit Agreement in a like principal amount. In the event a lesser amount is allocated, allocated the difference between the current amount and the allocated amount will be prepaid on the Amendment No. 1 and Restatement Effective Date.

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 Replacement Term B-1 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. 1 Effective 2 Funding Date.