Common use of Following a Telenet Group Transfer Clause in Contracts

Following a Telenet Group Transfer. (a) if the holders of a majority of the aggregate principal amount of the Notes consent to the Telenet Group Transfer, the Borrower under the Term Loan M Facility may, at its option, voluntarily prepay a principal amount of the Term Loan M Facility under Clause 7.6 (Voluntary prepayment) of the Credit Agreement equal to the aggregate principal amount of the Notes whose holders did not consent to the Telenet Group Transfer (in accordance with the terms of the Indenture) and in connection therewith the Borrower under the Term Loan M Facility will pay to the Facility Agent (for the account of the Telenet Additional Facility M Lender) an amount equal to 1 per cent. of the principal amount of the Term Loan M Facility prepaid, plus accrued and unpaid interest to the due date of prepayment. Such payment shall be due and payable by the Borrower to the Facility Agent (for the account of the Telenet Additional Facility M Lender) under the Term Loan M Facility on the actual date of such prepayment; or

Appears in 1 contract

Samples: Liberty Global, Inc.

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Following a Telenet Group Transfer. (a) if the holders of a majority of the aggregate principal amount of the Notes consent to the Telenet Group Transfer, the Borrower under the Term Loan M P Facility may, at its option, voluntarily prepay a principal amount of the Term Loan M P Facility under Clause 7.6 (Voluntary prepayment) of the Credit Agreement equal to the aggregate principal amount of the Notes whose holders did not consent to the Telenet Group Transfer (in accordance with the terms of the Indenture) and in connection therewith the Borrower under the Term Loan M P Facility will pay to the Facility Agent (for the account of the Telenet Additional Facility M P Lender) an amount equal to 1 per cent. of the principal amount of the Term Loan M P Facility prepaid, plus accrued and unpaid interest to the due date of prepayment. Such payment shall be due and payable by the Borrower to the Facility Agent (for the account of the Telenet Additional Facility M P Lender) under the Term Loan M P Facility on the actual date of such prepayment; or

Appears in 1 contract

Samples: P Accession Agreement (Liberty Global, Inc.)

Following a Telenet Group Transfer. (a) if the holders of a majority of the aggregate principal amount of the Notes consent to the Telenet Group Transfer, the Borrower under the Term Loan M O Facility may, at its option, voluntarily prepay a principal amount of the Term Loan M O Facility under Clause 7.6 (Voluntary prepayment) of the Credit Agreement equal to the aggregate principal amount of the Notes whose holders did not consent to the Telenet Group Transfer (in accordance with the terms of the Indenture) and in connection therewith the Borrower under the Term Loan M O Facility will pay to the Facility Agent (for the account of the Telenet Additional Facility M O Lender) an amount equal to 1 per cent. of the principal amount of the Term Loan M O Facility prepaid, plus accrued and unpaid interest to the due date of prepayment. Such payment shall be due and payable by the Borrower to the Facility Agent (for the account of the Telenet Additional Facility M O Lender) under the Term Loan M O Facility on the actual date of such prepayment; or

Appears in 1 contract

Samples: Liberty Global, Inc.

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Following a Telenet Group Transfer. (a) if the holders of a majority of the aggregate principal amount of the Notes consent to the Telenet Group Transfer, the Borrower under the Term Loan M AB Facility may, at its option, voluntarily prepay a principal amount of the Term Loan M AB Facility under Clause 7.6 (Voluntary prepayment) of the Credit Agreement equal to the aggregate principal amount of the Notes whose holders did not consent to the Telenet Group Transfer (in accordance with the terms of the Indenture) and in connection therewith the Borrower under the Term Loan M AB Facility will pay to the Facility Agent (for the account of the Telenet Additional Facility M AB Lender) an amount equal to 1 per cent. of the principal amount of the Term Loan M AB Facility prepaid, plus accrued and unpaid interest to the due date of prepayment. Such payment shall be due and payable by the Borrower to the Facility Agent (for the account of the Telenet Additional Facility M AB Lender) under the Term Loan M AB Facility on the actual date of such prepayment; or

Appears in 1 contract

Samples: Accession Agreement (Liberty Global PLC)

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