Common use of Closing Settlement Option Clause in Contracts

Closing Settlement Option. ☐ to have 100% of the outstanding principal amount of the Initial Loans under the Existing Credit Agreement held by such Lender prepaid on the Amendment No. 2 Funding Date and purchase by assignment the principal amount of Replacement Term B-2 Loans under the Amended Credit Agreement committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Lead Arrangers)

Closing Settlement Option. ☐ to have 100% of the outstanding principal amount of the Initial Term Loans under the Existing Credit Agreement held by such Lender prepaid on the Amendment No. 2 Funding Restatement Effective Date and purchase by assignment the principal amount of Replacement Term B-2 Loans under the Amended Restated Credit Agreement committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Lead ArrangersAdministrative Agent).

Closing Settlement Option. ☐ o to have 100% of the outstanding principal amount of the Initial Existing Term Loans under the Existing Credit Agreement held by such Lender prepaid on the Amendment No. 2 Funding Restatement Effective Date and purchase by assignment the principal amount of Replacement Term B-2 B Loans under (as defined in the Amended and Restated Credit Agreement Agreement) committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Lead ArrangersArranger).

Closing Settlement Option. ☐ o to have 100% of the outstanding principal amount of the Initial Loans under the Existing Credit Agreement Term Loan(s) held by such Lender prepaid on the Second Amendment No. 2 Funding Date and purchase by assignment the a principal amount of Replacement Refinancing Term B-2 Loans under the Amended Credit Agreement committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Refinancing Amendment Lead Arrangers). 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 Date.

Closing Settlement Option. ☐ to have 100% of the outstanding principal amount of the Initial Term Loans under the Existing Credit Agreement held by such Lender prepaid on the Amendment No. 2 Funding Date 1 Effective Date, and purchase by assignment the principal amount of Replacement Term B-2 B-1 Loans under the Amended Credit Agreement as amended by the Amendment which has been committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Lead ArrangersAdministrative Agent).