Common use of Option to Exchange Loans for Exchange Notes Clause in Contracts

Option to Exchange Loans for Exchange Notes. At any time on or after the date that is 365 days after the Closing Date, if Loans are still outstanding, on one occasion, the Required Lenders may elect to cause the Borrower to exchange all of the Loans held by such Lender for one or more Exchange Notes by giving not less than three Business Days’ prior irrevocable written notice of such election, in the form of Exhibit G, to the Borrower, the Administrative Agent and the Exchange Note Trustee specifying (i) the principal amount of the Loans to be exchanged and (ii) the name of the proposed registered holder and the amount of each Exchange Note requested (each such notice, an “Exchange Notice”).

Option to Exchange Loans for Exchange Notes. At any time on or after the date that is 365 days after the Closing Date, Date if Loans are still outstanding, on one occasion, the Required Lenders may elect to cause the Borrower to exchange all of the Loans held by such Lender for one or more Exchange Notes by giving not less than three Business Days’ prior irrevocable written notice of such election, in the form of Exhibit G, to the Borrower, the Administrative Agent and the Exchange Note Trustee specifying (i) the principal amount of the Loans to be exchanged and (ii) the name of the proposed registered holder and the amount of each Exchange Note requested (each such notice, an “Exchange Notice”).

Option to Exchange Loans for Exchange Notes. At any time on or after the date that is 365 days after the Closing Date, if Loans are still outstanding, on one occasion, the Required Lenders may elect to cause the Borrower to exchange all of the Loans held by such Lender for one or more Exchange Notes by giving not less than three Business Days’ prior irrevocable written notice of such election, in the form of Exhibit G, to the Borrower, the Administrative Agent and the Exchange Note Trustee specifying (i) the principal amount Accreted Value of the Loans to be exchanged and (ii) the name of the proposed registered holder and the amount of each Exchange Note requested (each such notice, an “Exchange Notice”).