Common use of Certain Permitted Term Loan Repurchases Clause in Contracts

Certain Permitted Term Loan Repurchases. Notwithstanding anything to the contrary contained in this Agreement, so long as (x) no Default or Event of Default has occurred and is continuing or would result therefrom and (y) the Borrower shall be in compliance with the financial covenants set forth in Section 8.22 hereof on a Pro Forma Basis (in each case under this clause (ii), after giving effect to any related waivers or amendments obtained in connection therewith), Holdings or any of its Restricted Subsidiaries (the foregoing, the “Buyback Parties” and each, a “Buyback Party”) may repurchase outstanding Term Loans on the following basis:

Appears in 2 contracts

Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Dave & Buster's Entertainment, Inc.)

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Certain Permitted Term Loan Repurchases. Notwithstanding anything to the contrary contained in this Agreement, (i) any Affiliated Lender and (ii) so long as (x) no Default or Event of Default has occurred and is continuing or would result therefrom and (y) the Borrower shall be in compliance with the then-applicable financial covenants covenant set forth in Section 8.22 hereof on a Pro Forma Basis (in each case under this clause (ii), after giving effect to any related waivers or amendments obtained in connection therewith), Holdings or any of its Restricted Subsidiaries (the foregoing, together with any Affiliated Lender the “Buyback Parties” and each, a “Buyback Party”) may repurchase outstanding Term Loans on the following basis:

Appears in 1 contract

Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.)

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Certain Permitted Term Loan Repurchases. Notwithstanding anything to the contrary contained in this Agreement, other than during the Basket Suspension Period, so long as (x) no Default or Event of Default has occurred and is continuing or would result therefrom and (y) the Borrower shall be in compliance with the financial covenants set forth in Section 8.22 hereof on a Pro Forma Basis (in each case under this clause (ii), after giving effect to any related waivers or amendments obtained in connection therewith), Holdings or any of its Restricted Subsidiaries (the foregoing, the “Buyback Parties” and each, a “Buyback Party”) may repurchase outstanding Term Loans on the following basis:

Appears in 1 contract

Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.)

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