{"component": "definition", "props": {"groups": [{"samples": [{"hash": "hx3UCpnPIOU", "uri": "/contracts/hx3UCpnPIOU#defaulting-lender-fronting-exposure", "label": "First Lien Credit Agreement (New Whale Inc.)", "score": 34.6755638123, "published": true}, {"hash": "bKZqpzm7Hwp", "uri": "/contracts/bKZqpzm7Hwp#defaulting-lender-fronting-exposure", "label": "Credit Agreement (New Whale Inc.)", "score": 34.6755638123, "published": true}, {"hash": "ieFje1GGxYS", "uri": "/contracts/ieFje1GGxYS#defaulting-lender-fronting-exposure", "label": "Credit Agreement (Endeavor Group Holdings, Inc.)", "score": 32.622177124, "published": true}], "size": 77, "snippet": "means, at any time there is a Defaulting Lender, (a) with respect to the Issuing Bank, such Defaulting Lender\u2019s Applicable Percentage of the outstanding Letter of Credit obligations other than Letter of Credit obligations as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender\u2019s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "defaulting-lender", "type": "definition", "offset": [30, 47]}, {"key": "with-respect-to", "type": "clause", "offset": [53, 68]}, {"key": "the-issuing-bank", "type": "clause", "offset": [69, 85]}, {"key": "applicable-percentage", "type": "clause", "offset": [112, 133]}, {"key": "outstanding-letter-of-credit-obligations", "type": "definition", "offset": [141, 181]}, {"key": "other-lenders", "type": "definition", "offset": [308, 321]}, {"key": "cash-collateralized", "type": "definition", "offset": [325, 344]}, {"key": "in-accordance-with", 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such Defaulting Lender\u2019s Applicable Percentage of the outstanding Letter of Credit obligations with respect to such Issuing Bank other than Letter of Credit obligations as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "defaulting-lender", "type": "definition", "offset": [30, 47]}, {"key": "with-respect-to", "type": "clause", "offset": [49, 64]}, {"key": "issuing-bank", "type": "definition", "offset": [69, 81]}, {"key": "applicable-percentage", "type": "clause", "offset": [108, 129]}, {"key": "outstanding-letter-of-credit-obligations", "type": "definition", "offset": [137, 177]}, {"key": "other-lenders", "type": "definition", "offset": [338, 351]}, {"key": "cash-collateralized", "type": "definition", "offset": [355, 374]}, {"key": "in-accordance-with", "type": "definition", 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as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Revolving Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender\u2019s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Revolving Lenders or cash collateralized in accordance with the terms hereof.", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "defaulting-lender", "type": "definition", "offset": [57, 74]}, {"key": "with-respect-to", "type": "clause", "offset": [80, 95]}, {"key": "issuing-bank", "type": "definition", "offset": [100, 112]}, {"key": "applicable-percentage", "type": "clause", "offset": [139, 160]}, {"key": "outstanding-letter-of-credit-obligations", "type": "definition", "offset": [168, 208]}, {"key": "revolving-lenders", "type": "clause", 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"snippet": "means, at any time there is a Revolving Lender that is a Defaulting Lender, (a) with respect to any Issuing Bank, such Defaulting Lender\u2019s Applicable Percentage of the LC Exposure with respect to the Letters of Credit issued by such Issuing Bank, other than LC Exposure as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms of this Agreement and (b) with respect to the Swingline Lender, such Defaulting Lender\u2019s Applicable Percentage of Swingline Loans, other than Swingline Loans as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms of this Agreement.", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "revolving-lender", "type": "definition", "offset": [30, 46]}, {"key": "defaulting-lender", "type": "definition", "offset": [57, 74]}, {"key": "with-respect-to", "type": "clause", "offset": [80, 95]}, {"key": "issuing-bank", "type": "definition", "offset": [100, 112]}, {"key": "applicable-percentage", "type": "clause", "offset": [139, 160]}, {"key": "lc-exposure", "type": "definition", "offset": [168, 179]}, {"key": "the-letters-of-credit", "type": "clause", "offset": [196, 217]}, {"key": "issued-by", "type": "clause", "offset": [218, 227]}, {"key": "other-lenders", "type": "definition", "offset": [356, 369]}, {"key": "cash-collateralized", "type": "definition", "offset": [373, 392]}, {"key": "in-accordance-with", "type": "definition", "offset": [393, 411]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [416, 439]}, {"key": "swingline-lender", "type": "clause", "offset": [468, 484]}, {"key": "swingline-loans", "type": "definition", "offset": [536, 551]}], "hash": "82bd2a03687b978440a7bff45de85352", "id": 4}, {"samples": [{"hash": "dnVusS4fZXu", "uri": "/contracts/dnVusS4fZXu#defaulting-lender-fronting-exposure", "label": "Credit Agreement (Emerald Holding, Inc.)", "score": 36.0800819397, "published": true}, {"hash": "kTnLV8elA48", "uri": "/contracts/kTnLV8elA48#defaulting-lender-fronting-exposure", "label": "Incremental and Refinancing Amendment (Powerschool Holdings, Inc.)", "score": 34.7768669128, "published": true}, {"hash": "90lxggxZRvb", "uri": "/contracts/90lxggxZRvb#defaulting-lender-fronting-exposure", "label": "First Lien Credit Agreement (Powerschool Holdings, Inc.)", "score": 33.7200546265, "published": true}], "size": 7, "snippet": "at any time there is a Defaulting Lender, (a) with respect to an Issuing Lender, such Defaulting Lender\u2019s Pro Rata Share of the Outstanding Amount of L/C Obligations of such Issuing Lender other than L/C Obligations as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof and (b) with respect to the Swingline Lender, such Defaulting Lender\u2019s Pro Rata Share of Swingline Loans other than Swingline Loans as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Revolving Lenders or Cash Collateralized in accordance with the terms hereof.", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [0, 11]}, {"key": "defaulting-lender", "type": "definition", "offset": [23, 40]}, {"key": "with-respect-to-an", "type": "clause", "offset": [46, 64]}, {"key": "issuing-lender", "type": "definition", "offset": [65, 79]}, {"key": "pro-rata-share", "type": "clause", "offset": [106, 120]}, {"key": "outstanding-amount", "type": "clause", "offset": [128, 146]}, {"key": "obligations-of", "type": "clause", "offset": [154, 168]}, {"key": "other-lenders", "type": "definition", "offset": [302, 315]}, {"key": "cash-collateralized", "type": "definition", "offset": [319, 338]}, {"key": "in-accordance-with", "type": "definition", "offset": [339, 357]}, {"key": "the-terms", "type": "definition", "offset": [358, 367]}, {"key": "swingline-lender", "type": "clause", "offset": [403, 419]}, {"key": "swingline-loans", "type": "definition", "offset": [464, 479]}, {"key": "revolving-lenders", "type": "clause", "offset": [599, 616]}], "hash": "57d06e2c012b54661d3f4876fb3a45ce", "id": 5}, {"samples": [{"hash": "65s05C4S8po", "uri": "/contracts/65s05C4S8po#defaulting-lender-fronting-exposure", "label": "First Lien Credit Agreement (Clarios International Inc.)", "score": 35.4120483398, "published": true}, {"hash": "47g2aWW5MfS", "uri": "/contracts/47g2aWW5MfS#defaulting-lender-fronting-exposure", "label": "First Lien Credit Agreement (Clarios International Inc.)", "score": 34.4921302795, "published": true}, {"hash": "80Fw7VjEveL", "uri": "/contracts/80Fw7VjEveL#defaulting-lender-fronting-exposure", "label": "First Lien Credit Agreement (Clarios International Inc.)", "score": 32.5318260193, "published": true}], "size": 4, "snippet": "means, at any time there is an RC Facility Lender that is a Defaulting Lender, (a) with respect to each applicable Issuing Bank, such Defaulting Lender\u2019s Applicable Percentage of the outstanding Letter of Credit obligations (other than Letter of Credit obligations as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other RC Facility Lenders or Cash Collateralized in accordance with the terms hereof) and (b) with respect to the Swingline Lender, such Defaulting Lender\u2019s Applicable Percentage of Swingline Loans (other than Swingline Loans as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other RC Facility Lenders in accordance with the terms hereof or Cash Collateralized in accordance with the terms hereof).", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "rc-facility", "type": "definition", "offset": [31, 42]}, {"key": "defaulting-lender", "type": "definition", "offset": [60, 77]}, {"key": "with-respect-to", "type": "clause", "offset": [83, 98]}, {"key": "applicable-issuing-bank", "type": "definition", "offset": [104, 127]}, {"key": "applicable-percentage", "type": "clause", "offset": [154, 175]}, {"key": "outstanding-letter-of-credit-obligations", "type": "definition", "offset": [183, 223]}, {"key": "facility-lenders", "type": "definition", "offset": [360, 376]}, {"key": "cash-collateralized", "type": "definition", "offset": [380, 399]}, {"key": "in-accordance-with", "type": "definition", "offset": [400, 418]}, {"key": "the-terms", "type": "definition", "offset": [419, 428]}, {"key": "swingline-lender", "type": "clause", "offset": [465, 481]}, {"key": "swingline-loans", "type": "definition", "offset": [533, 548]}], "hash": "5258e8822d44ace04e1cbb6ef6e04d18", "id": 6}, {"samples": [{"hash": "2mgq5TLp3vE", "uri": "/contracts/2mgq5TLp3vE#defaulting-lender-fronting-exposure", "label": "Credit Agreement (E2open Parent Holdings, Inc.)", "score": 34.4674873352, "published": true}, {"hash": "2WevmVpRpS4", "uri": "/contracts/2WevmVpRpS4#defaulting-lender-fronting-exposure", "label": "Credit Agreement (E2open Parent Holdings, Inc.)", "score": 32.671459198, "published": true}, {"hash": "2HoKXl7MwDd", "uri": "/contracts/2HoKXl7MwDd#defaulting-lender-fronting-exposure", "label": "Credit Agreement (E2open Parent Holdings, Inc.)", "score": 32.671459198, "published": true}], "size": 4, "snippet": "means, at any time there is a Defaulting Lender, (a) with respect to any USD Tranche Issuing Bank, such Defaulting Lender\u2019s Applicable Percentage of the Obligations with respect to the USD Tranche Letters of Credit issued by such USD Tranche Issuing Bank and (b) with respect to any Multicurrency Tranche Issuing Bank, such Defaulting Lender\u2019s Applicable Percentage of the Obligations with respect to the Multicurrency Tranche Letters of Credit issued by such Multicurrency Tranche Issuing Bank, in each case, other than Secured Obligations as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "defaulting-lender", "type": "definition", "offset": [30, 47]}, {"key": "with-respect-to", "type": "clause", "offset": [53, 68]}, {"key": "usd-tranche", "type": "definition", "offset": [73, 84]}, {"key": "issuing-bank", "type": "definition", "offset": [85, 97]}, {"key": "percentage-of-the-obligations", "type": "definition", "offset": [135, 164]}, {"key": "letters-of-credit", "type": "clause", "offset": [197, 214]}, {"key": "issued-by", "type": "clause", "offset": [215, 224]}, {"key": "multicurrency-tranche", "type": "definition", "offset": [283, 304]}, {"key": "each-case", "type": "definition", "offset": [499, 508]}, {"key": "secured-obligations", "type": "definition", "offset": [521, 540]}, {"key": "other-lenders", "type": "definition", "offset": [627, 640]}, {"key": "cash-collateralized", "type": "definition", "offset": [644, 663]}, {"key": "in-accordance-with", "type": "definition", "offset": [664, 682]}, {"key": "the-terms", "type": "definition", "offset": [683, 692]}], "hash": "55379cc726a0caaf4566f67eee1e61fa", "id": 7}, {"samples": [{"hash": "6OOViPskRv7", "uri": "/contracts/6OOViPskRv7#defaulting-lender-fronting-exposure", "label": "Credit Agreement and Incremental Facility Agreement (GoHealth, Inc.)", "score": 29.4496917725, "published": true}], "size": 4, "snippet": "means, at any time there is a Revolving Lender that is a Defaulting Lender, (a) with respect to any Issuing Bank, such Defaulting Lender\u2019s Applicable Percentage of the outstanding Letter of Credit obligations other than Letter of Credit obligations as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Revolving Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender\u2019s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender\u2019s participation obligation has been reallocated to other Revolving Lenders or cash collateralized in accordance with the terms hereof. \u201cDelaware LLC\u201d means any limited liability company organized or formed under the laws of the State of Delaware. \u201cDelaware LLC Division\u201d means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act. \u201cDesignated Non-Cash Consideration\u201d means the Fair Market Value of non-cash consideration received by the Borrower or any Restricted Subsidiary in connection with a Disposition pursuant to Section 6.05(j) that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower, setting forth the basis of such valuation (which amount will be reduced by the Fair Market Value of the portion of the non-cash consideration converted to cash within 180 days following the consummation of the applicable Disposition). \u201cDisposed EBITDA\u201d means, with respect to any Sold Entity or Business or Converted Unrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or Converted Unrestricted Subsidiary (determined as if references to the Borrower and the Restricted Subsidiaries in the definition of \u201cConsolidated EBITDA\u201d (and in the component financial definitions used therein) were references to such Sold Entity or Business and its subsidiaries or to such Converted Unrestricted Subsidiary and its subsidiaries), all as determined on a consolidated basis for such Sold Entity or Business or Converted Unrestricted Subsidiary. \u201cDisposition\u201d has the meaning assigned to such term in Section 6.05. \u201cDisposition/Casualty Prepayment Event\u201d has the meaning assigned to such term in the definition of \u201cPrepayment Event\u201d. \u201cDisposition Percentage\u201d has the meaning assigned to such term in Section 2.11(c). \u201cDisqualified Equity Interest\u201d means, with respect to any Person, any Equity Interest in such Person that by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable, either mandatorily or at the option of the holder thereof), or upon the happening of any event or condition: 31 US-DOCS\\115047431.4", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "defaulting-lender", "type": "definition", "offset": [57, 74]}, {"key": "with-respect-to", "type": "clause", "offset": [80, 95]}, {"key": "issuing-bank", "type": "definition", "offset": [100, 112]}, {"key": "applicable-percentage", "type": "clause", "offset": [139, 160]}, {"key": "outstanding-letter-of-credit-obligations", "type": "definition", "offset": [168, 208]}, {"key": "revolving-lenders", "type": "clause", "offset": [341, 358]}, {"key": "cash-collateralized", "type": "definition", "offset": [362, 381]}, {"key": "in-accordance-with", "type": "definition", "offset": [382, 400]}, {"key": "the-terms", "type": "definition", "offset": [401, 410]}, {"key": "swingline-lender", "type": "clause", "offset": [447, 463]}, {"key": "swingline-loans", "type": "definition", "offset": [515, 530]}, {"key": "company-organized", "type": "clause", "offset": [771, 788]}, {"key": "the-laws", "type": "definition", "offset": [805, 813]}, {"key": "state-of-delaware", "type": "definition", "offset": [821, 838]}, {"key": "delaware-llc-division", "type": "definition", "offset": [841, 862]}, {"key": "delaware-llcs", "type": "definition", "offset": [930, 943]}, {"key": "section-18", "type": "clause", "offset": [956, 966]}, {"key": "delaware-limited-liability-company-act", "type": "definition", "offset": [978, 1016]}, {"key": "cash-consideration", "type": "definition", "offset": [1034, 1052]}, {"key": "value-of-non", "type": "clause", "offset": [1076, 1088]}, {"key": "by-the-borrower", "type": "clause", "offset": [1117, 1132]}, {"key": "in-connection-with", "type": "clause", "offset": [1162, 1180]}, {"key": "as-designated", "type": "definition", "offset": [1242, 1255]}, {"key": "pursuant-to-a", "type": "definition", "offset": [1279, 1292]}, {"key": "certificate-of-a-responsible-officer-of-the-borrower", "type": "clause", "offset": [1293, 1345]}, {"key": "basis-of", "type": "clause", "offset": [1365, 1373]}, {"key": "fair-market-value-of-the", "type": "clause", "offset": [1426, 1450]}, {"key": "the-non", "type": "clause", "offset": [1462, 1469]}, {"key": "within-180-days", "type": "clause", "offset": [1507, 1522]}, {"key": "following-the", "type": "definition", "offset": [1523, 1536]}, {"key": "applicable-disposition", "type": "definition", "offset": [1557, 1579]}, {"key": "disposed-ebitda", "type": "definition", "offset": [1583, 1598]}, {"key": "sold-entity-or-business", "type": "definition", "offset": [1627, 1650]}, {"key": "converted-unrestricted-subsidiary", "type": "definition", "offset": [1654, 1687]}, {"key": "period-of", "type": "clause", "offset": [1724, 1733]}, {"key": "consolidated-ebitda", "type": "clause", "offset": [1734, 1753]}, {"key": "the-restricted-subsidiaries", "type": "clause", "offset": [1872, 1899]}, {"key": "the-definition-of", "type": "clause", "offset": [1903, 1920]}, {"key": "definitions-used", "type": "clause", "offset": [1975, 1991]}, {"key": "consolidated-basis", "type": "clause", "offset": [2161, 2179]}, {"key": "casualty-prepayment-event", "type": "definition", "offset": [2333, 2358]}, {"key": "disposition-percentage", "type": "definition", "offset": [2440, 2462]}, {"key": "disqualified-equity-interest", "type": "definition", "offset": [2523, 2551]}, {"key": "any-person", "type": "definition", "offset": 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