Common use of Cashless Settlement Option Clause in Contracts

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.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (IMS Health Holdings, Inc.)

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Cashless Settlement Option. ¨ a to exchange convert 100% of the outstanding principal amount of the Original Tranche B-1 Dollar B Term Loan held by such Lender (or such lesser amount allocated to such Lender by the Lead First Amendment Arrangers) for into a Tranche B-1 Term B Dollar Loan in a like principal amount.

Appears in 1 contract

Samples: Credit Agreement (Davita Inc.)

Cashless Settlement Option. ¨ to exchange convert 100% of the outstanding principal amount of the Tranche B-1 Dollar Existing Term Loan Loans held by such Lender (or such lesser amount allocated to such Lender by the Lead Arrangers) for into a Tranche B Term B Dollar Loan in a like principal amount. □ to have 100% of the outstanding principal amount of the Existing Term Loans held by such Lender prepaid on the Second Amendment Effective Date and purchase by assignment the principal amount of Tranche B Term Loans committed to separately by the undersigned.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (E.W. SCRIPPS Co)

Cashless Settlement Option. ¨ to exchange 100% of the outstanding principal amount of the Tranche B-1 B Dollar Term Loan held by such Lender (or such lesser amount allocated to such Lender by the Lead Amendment No. 1 Arrangers) for a Tranche B-1 Dollar Term B Dollar Loan in a like principal amount.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (IMS Health Holdings, Inc.)

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Cashless Settlement Option. ¨ to exchange convert 100% of the outstanding principal amount of the existing Tranche B-1 Dollar 2 Term Loan held by such Lender (after giving effect to the Prepayment) into Tranche 3 Term Loans and Tranche 4 Term Loans on a pro rata basis (or such lesser amount allocated to such Lender other basis as determined by the Lead Arrangers) for a Term B Dollar Loan in a like principal amountArranger).

Appears in 1 contract

Samples: Amendment Agreement (CommScope Holding Company, Inc.)

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