Common use of Closing Settlement Option Clause in Contracts

Closing Settlement Option. o to have 100% of the outstanding principal amount of the Existing Term Loans held by such Lender prepaid on the Restatement Effective Date and purchase by assignment the principal amount of Term B Loans (as defined in the Amended and Restated Credit Agreement) committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Lead Arranger).

Appears in 1 contract

Samples: Restatement Agreement (EVO Payments, Inc.)

AutoNDA by SimpleDocs

Closing Settlement Option. o ¨ to have 100% of the outstanding principal amount of the Existing Tranche B-3 Term Loans under the Credit Agreement held by such Lender prepaid on the Amendment and Restatement Effective Date and purchase by assignment the principal amount of Initial Term B Loans (as defined in under the Amended and Restated Credit Agreement) Agreement committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Lead ArrangerAdministrative Agent).

Appears in 1 contract

Samples: Credit Agreement (GoDaddy Inc.)

Closing Settlement Option. o to have 100% of the outstanding principal amount of the Existing Term Loans held by such Lender prepaid on the Restatement Second Amendment Effective Date and purchase by assignment the principal amount of Tranche B Term B Loans (as defined in the Amended and Restated Credit Agreement) committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Lead Arranger)undersigned.

Appears in 1 contract

Samples: Credit Agreement (E.W. SCRIPPS Co)

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

Appears in 1 contract

Samples: Credit Agreement (JELD-WEN Holding, Inc.)

Closing Settlement Option. o ¨ to have 100% of the outstanding principal amount of the Existing Dollar Term E-1 Loans held by such Lender prepaid on the Restatement Amendment No. 9 Effective Date and purchase by assignment the principal amount of the Dollar Term B F Loans (as defined in the Amended and Restated Credit Agreement) committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Lead ArrangerAmendment No. 9 Arrangers).

Appears in 1 contract

Samples: Credit Agreement (Acelity L.P. Inc.)

AutoNDA by SimpleDocs

Closing Settlement Option. o to have 100% of the outstanding principal amount of the Existing Term Loans under the Credit Agreement held by such Lender prepaid on the Restatement Effective Date and purchase by assignment the principal amount of Term B Loans (as defined in under the Amended and Restated Credit Agreement) Agreement committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Lead ArrangerAdministrative Agent).

Appears in 1 contract

Samples: Credit Agreement (NPC Restaurant Holdings, LLC)

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

Appears in 1 contract

Samples: Credit Agreement (Ducommun Inc /De/)

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