Post-Effective Date Settlement Option Clause Samples
Post-Effective Date Settlement Option as a Consenting Term B-1 Euro Lender, the undersigned institution unconditionally and irrevocably (x) agrees, with respect to all outstanding Term B-1 Euro Loans held by such Lender as of the Consent Effective Date, to the terms of the Amendment and (y) agrees that the entire amount of such Lender’s outstanding Term B-1 Euro Loans will be assigned to the Replacement Lender at par on the Amendment No. 5 Effective Date (it being understood that no Assignment and Assumption shall be required to be executed by such Lender to effect such assignment) and following the Amendment No. 5 Effective Date, such Lender (or its designated Affiliate, if agreed by the Replacement Lender) shall purchase by assignment Term B-1 Euro Loans in an equal principal amount as its existing Term B-1 Euro Loans or such lesser amount allocated to such Lender by the Lead Arrangers; and/or
Post-Effective Date Settlement Option. ☐ The undersigned Initial Term Lender will have 100% of the outstanding principal amount of its Initial Term Loan prepaid on the First Lien Amendment No. 2 Effective Date and purchase by assignment a like principal amount of 2015-1 Converted Term Loans (or such lesser amount allocated to such Initial Term Lender by the First Lien Amendment No. 2 Arrangers). , as a Lender (type name of the legal entity) By: Name: Title: [If a second signature is necessary: By: Name: Title:] Pursuant to that certain First Lien Amendment No. 2, dated as of the date hereof (the “First Lien Incremental Amendment”), by and among DTZ UK Guarantor Limited, a limited company incorporated under the laws of England and Wales with company number 09187412 (“Holdings”), DTZ U.S. Borrower, LLC, a Delaware limited liability company (the “U.S. Borrower” or the “Borrower Representative”), DTZ AUS Holdco Pty Limited ACN 602 106 936, a proprietary company limited by shares incorporated under the laws of Australia (the “Australian Borrower” and, collectively with the U.S. Borrower, the “Borrowers”), each of the other Loan Parties party thereto, the 2015-1 Additional Term Lenders, the 2015-1 Converting Term Lenders, the 2015-1 Incremental Term Lenders, the Consenting Revolving Lenders, the 2015-1 Incremental Revolving Credit Lenders, each L/C Issuer, the Swing Line Lender and UBS AG, Stamford Branch as Administrative Agent, to the Syndicated Facility Agreement (First Lien), dated as of November 4, 2014, by and among Holdings, the Borrowers, the lenders from time to time party thereto, and UBS AG, Stamford Branch, as administrative agent and collateral agent (as amended and restated, refinanced, extended, supplemented and/or otherwise modified from time to time, the “Syndicated Facility Agreement (First Lien)”), with capitalized terms used herein and not otherwise defined having the meaning ascribed to them in the First Lien Incremental Amendment, the undersigned hereby certifies, solely in such undersigned’s capacity as a Responsible Officer of the Borrower Representative, and not individually, as follows: