Common use of Cash Settlement Option Clause in Contracts

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender By: Octagon Credit Investors, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Name: Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

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Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender APIDOS CLO XXV By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Kentucky Retirement Systems (Xxxxxxxx – Insurance Fund Account), as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIMadison Park Funding XVI, Ltd., as a Lender By: Octagon Credit InvestorsSuisse Asset Management, LLC, as Collateral Portfolio Manager By: /s/ Xxxxxxxx X. Xxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsSuisse Asset Management, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVibrant CLO, Ltd., as a Lender By: Octagon Credit InvestorsDFG Investment Advisers, LLCInc., as Collateral Portfolio Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsDFG Investment Advisors, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIPinnacle Park CLO, Ltd.Ltd, as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager Agent By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Erie Indemnity Company, as a Lender By: Octagon Credit InvestorsSuisse Asset Management, LLC, as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsSuisse Asset Management, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender Blackstone / GSO Senior Floating Rate Term Fund By: Octagon Credit Investors, LLC, GSO / Blackstone Debt Funds Management LLC as Collateral Manager Investment Advisor By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIKVK CLO 2014-2, Ltd., as a Lender By: Octagon Credit Investors, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Vice President Name of Fund Manager (if any): Octagon Xxxxxx Xxx Xxxx Credit Investors, LLC Strategies LP ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVENTURE XXVI CLO, Ltd.Limited, as a Lender By: Octagon Credit Investors, MJX Asset Management LLC, as Collateral Manager Investment Advisor By: /s/ Xxxxxxxx X. Xxxxxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC MJX Asset Management ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVENTURE XVIII CLO, Ltd.Limited, as a Lender By: Octagon Credit Investors, MJX Asset Management LLC, as Collateral Manager Investment Advisor By: /s/ Xxxxxxxx X. Xxxxxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC MJX Asset Management ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender APIDOS CLO XVIII By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIMadison Park Funding XVII, Ltd., as a Lender By: Octagon Credit InvestorsSuisse Asset Management, LLC, as Collateral Portfolio Manager By: /s/ Xxxxxxxx X. Xxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsSuisse Asset Management, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIAXA IM Inc., Ltd., as a Lender for and on behalf of ALLEGRO CLO III By: Octagon Credit Investors, LLC, as Collateral Manager AXA Investment Managers Paris S.A. By: /s/ Xxxxxxxx X. Xxxxxx Yannick Le Serviget Name: Xxxxxxxx X. Xxxxxx Yannick Le Serviget Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon Credit Investors, LLC AXA IM Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Xxxxxxxx Finance LLC, as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Manager Sub-Advisor By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIKVK CLO 2015-1, Ltd., as a Lender By: Octagon Credit Investors, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Vice President Name of Fund Manager (if any): Octagon Xxxxxx Xxx Xxxx Credit Investors, LLC Strategies LP ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.HI-PF-BUL-SFonds, as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Asset Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.APIDOS CLO XXV, as a Lender By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender BLACKSTONE/GSO STRATEGIC CREDIT FUND By: Octagon Credit Investors, LLC, GSO / Blackstone Debt Funds Management LLC as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIILiberty Mutual Retirement Plan Master Trust, Ltd.as Assignee, as a Lender By: Octagon Credit InvestorsLiberty Mutual Group Asset Management Inc., LLC, as Collateral Manager acting for and on behalf of Liberty Mutual Retirement Plan Master Trust By: /s/ Xxxxxxxx Xxxxx X. Xxxxxx Xxxxx Name: Xxxxxxxx Xxxxx X. Xxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ Liberty Mutual Insurance ☐ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.APIDOS CLO XX, as a Lender By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIITreman Park CLO, Ltd., as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIISeneca Park CLO, Ltd., as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.First American Title Insurance Company, as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Xxxxxx Xxxxxx Senior Floating Rate & Fixed Income Fund, as a Lender By: Octagon Credit InvestorsXxxxxx, LLCXxxxxx & Company, as Collateral L.P., its Investment Manager By: Xxxxxx, Xxxxxx & Company, Incorporated, its General Partner By: /s/ Xxxxxxxx X. Xxxxxx Xxxx XxXxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxx XxXxxxxx Title: Managing Director of Portfolio Administration Vice President, Legal and Compliance Analyst Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ Xxxxxx Xxxxxx ☐ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.JFIN CLO 2013 LTD., as a Lender By: Octagon Apex Credit Investors, Partners LLC, as Collateral Portfolio Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Apex Credit Investors, Partners LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.APIDOS CLO XV, as a Lender By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIGuggenheim Private Debt Fund Note Issuer 2.0, Ltd., as a Lender LLC By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, LLC as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.CLC Leveraged Loan Trust, as a Lender By: Octagon Credit InvestorsChallenger Life Nominees PTY Limited, as Trustee By: Guggenheim Partners Investment Management, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Pioneer Investments Diversified Loans Fund, as a Lender By: Octagon Credit Investors, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Name: Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Vice President and Associate General Counsel Name of Fund Manager (if any): Octagon Credit InvestorsPioneer Investment Management, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender Catamaran CLO 2014-1 Ltd. By: Octagon Credit InvestorsTrimaran Advisors, LLC, as Collateral Manager L.L.C. By: /s/ Xxxxxx Xxxxxxxx X. Xxxxxx Name: Xxxxxx Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit InvestorsTrimaran Advisors, LLC L.L.C. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIKVK CLO 2013-2, Ltd., as a Lender By: Octagon Credit Investors, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Vice President Name of Fund Manager (if any): Octagon Xxxxxx Xxx Xxxx Credit Investors, LLC Strategies LP ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Texas PrePaid Higher Education Tuition Board, as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Manager Investment Adviser By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC Inc ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIThe Xxxxxx Xxxxxx Senior Loan Fund, Ltd.LLC, as a Lender By: Octagon Credit InvestorsXxxxxx, LLCXxxxxx & Company, as Collateral L.P., its Managing Manager By: Xxxxxx, Xxxxxx & Company, Incorporated, its General Partner By: /s/ Xxxxxxxx X. Xxxxxx Xxxx XxXxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxx XxXxxxxx Title: Managing Director of Portfolio Administration Vice President, Legal and Compliance Analyst Name of Fund Manager (if any): Octagon Credit Investors, LLC Xxxxxx Xxxxxx ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.WM Pool – Fixed Interest Trust No. 7, as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC ☒ CASHLESS ROLLOVER OPTION Inc Each undersigned Existing Tranche B Term Lender hereby irrevocably Guarantor and unconditionally approves of, each Granting Party (as defined in the Guarantee and Collateral Agreement) acknowledges and consents to, the Amendment and the exchange (on a cashless basis) of 100% to each of the outstanding principal amount foregoing provisions of this Amendment. Each Guarantor and each Granting Party (as defined in the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby Guarantee and Collateral Agreement) further acknowledges and agrees that all Obligations under the Administrative Agent mayCredit Agreement as modified by this Amendment shall be fully guaranteed and secured pursuant to the Guarantee and Collateral Agreement in accordance with the terms and provisions thereof. GUARANTORS AND GRANTING PARTIES: SITEONE LANDSCAPE SUPPLY HOLDING, in LLC as a Granting Party under the Guarantee and Collateral Agreement By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx Title: Executive Vice President, Chief Financial Officer and Assistant Secretary SITEONE LANDSCAPE SUPPLY, LLC as a Granting Party under the Guarantee and Collateral Agreement By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx Title: Executive Vice President, Chief Financial Officer and Assistant Secretary SITEONE LANDSCAPE SUPPLY BIDCO, INC. as a Guarantor and a Granting Party under the Guarantee and Collateral Agreement By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx Title: Executive Vice President, Chief Financial Officer and Assistant Secretary LESCO, INC. as a Guarantor and a Granting Party under the Guarantee and Collateral Agreement By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx Title: Executive Vice President, Chief Financial Officer and Assistant Secretary GREEN RESOURCE, LLC as a Guarantor and a Granting Party under the Guarantee and Collateral Agreement By: SiteOne Landscape Supply, LLC, its sole discretionmanager By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx Title: Executive Vice President, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on Chief Financial Officer and Assistant Secretary GR4, LLC as a cashless basis) less than 100% of Guarantor and a Granting Party under the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term LoansGuarantee and Collateral Agreement By: SiteOne Landscape Supply, in which case LLC, its sole manager By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx Title: Executive Vice President, Chief Financial Officer and Assistant Secretary HYDRO-SCAPE PRODUCTS, INC. as a Guarantor and a Granting Party under the difference between the current principal amount of such Lender’s Tranche B Term Loans Guarantee and the allocated principal amount of Tranche C Term Loans will be prepaid on, Collateral Agreement By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx Title: Vice President and subject to the occurrence of, the Second Amendment Effective Date.Assistant Treasurer

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIISudbury Mill CLO, Ltd., as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC Inc ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIISound Point CLO V, Ltd.Ltd, as a Lender By: Octagon Credit InvestorsSound Point Capital Management, LLCLP, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC Stone Point Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender Blackstone / GSO Long-Short Credit Income Fund By: Octagon Credit Investors, LLC, GSO / Blackstone Debt Funds Management LLC as Collateral Manager Investment Advisor By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.JFIN CLO 2015 LTD., as a Lender By: Octagon Apex Credit Investors, Partners LLC, as Collateral Portfolio Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Apex Credit Investors, Partners LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender Ltd By: Octagon Credit Investors, LLC, LLC as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Name: Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender APIDOS CLO XXIV By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Providence Health & Services Investment Partners XXII, Ltd.Trust (Bank Loans Portfolio), as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC Inc ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Blackstone/GSO Strategic Credit Fund, as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.JFIN CLO 2014-II LTD., as a Lender By: Octagon Apex Credit Investors, Partners LLC, as Collateral Portfolio Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Apex Credit Investors, Partners LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Shell Pension Trust, as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Vermont Pension Investment Partners XXII, Ltd.Committee, as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Manager Contractor By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIXVI, Ltd., as a Lender Ltd. By: Octagon Credit Investors, LLC, LLC as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Name: Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIISound Point CLO X, Ltd., as a Lender By: Octagon Credit InvestorsSound Point Capital Management, LLCLP, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC Stone Point Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIVibrant CLO IV, Ltd., as a Lender Ltd. By: Octagon Credit InvestorsDFG Investment Advisers, LLCInc., as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsDFG Investment Advisors, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIBlue Cross and Blue Shield of Florida, Ltd.Inc., as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, DaVinci Reinsurance Ltd., as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIAXA IM Inc., Ltd., as a Lender for and on behalf of ALLEGRO CLO II By: Octagon Credit Investors, LLC, as Collateral Manager AXA Investment Managers Paris S.A. By: /s/ Xxxxxxxx X. Xxxxxx Yannick Le Serviget Name: Xxxxxxxx X. Xxxxxx Yannick Le Serviget Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon Credit Investors, LLC AXA IM Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVENTURE XXIII CLO, Ltd.Limited, as a Lender By: Octagon Credit Investors, MJX Asset Management LLC, as Collateral Manager Investment Advisor By: /s/ Xxxxxxxx X. Xxxxxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC MJX Asset Management ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender APIDOS CLO XXII By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.The Easton Corporation Master Retirement Trust, as a Lender By: Octagon Credit InvestorsSuisse Asset Management, LLC, as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsSuisse Asset Management, LLC CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVibrant CLO III, Ltd., as a Lender By: Octagon Credit InvestorsDFG Investment Advisers, LLC, as Collateral Manager Inc. By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsDFG Investment Advisors, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIMadison Park Funding XX, Ltd., as a Lender By: Octagon Credit InvestorsSuisse Asset Management, LLC, as Collateral Portfolio Manager By: /s/ Xxxxxxxx X. Xxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsSuisse Asset Management, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender PensionDanmark Pensionsforsikringsaktieselskab By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender Catamaran CLO 2012-1 Ltd. By: Octagon Credit InvestorsTrimaran Advisors, LLC, as Collateral Manager L.L.C. By: /s/ Xxxxxx Xxxxxxxx X. Xxxxxx Name: Xxxxxx Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit InvestorsTrimaran Advisors, LLC L.L.C. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIGuggenheim Loan Master Fund, Ltd., as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Associated Electric & Gas Insurance Services Limited, as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

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Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, NZCG Funding Ltd., as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIXxxxxx Xxxx CLO, Ltd., as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIJefferson Mill CLO, Ltd., as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender APIDOS CLO XVII By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIXVIII, Ltd., as a Lender Ltd. By: Octagon Credit Investors, LLC, LLC as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Name: Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Kentucky Teachers’ Retirement Systems Insurance Trust Fund, as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIISheridan Square CLO, Ltd., as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender Xxxxx River Insurance Company By: Octagon Credit InvestorsXxxxxx, LLCXxxxxx & Co., L.P. as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxxx X’ Xxxxxx Name: Xxxxxxxx X. Xxxxxxx X’ Xxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxx, LLC Xxxxxx and Co. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Emerson Park CLO Ltd., as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVENTURE XXV CLO, Ltd.Limited, as a Lender By: Octagon Credit Investors, MJX Asset Management LLC, as Collateral Manager Investment Advisor By: /s/ Xxxxxxxx X. Xxxxxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC MJX Asset Management ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Health Employees Superannuation Trust Australia, as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Swiss Capital Alternative Strategies Funds SPC for the Account of SC Alternative Strategy 9SP, as a Lender By: Octagon Credit Investors, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Swiss Capital Alternative Strategies Funds SPC for the Account of SC Alternative Strategy 7SP, as a Lender By: Octagon Credit Investors, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIMadison Park Funding XXIV, Ltd., as a Lender By: Octagon Credit InvestorsSuisse Asset Management, LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsSuisse Asset Management, LLC CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Associated Electric & Gas Insurance Services Limited, as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Slatkey Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIXxxxxx Park CLO, Ltd., as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners APIDOS CLO XXII, Ltd., as a Lender By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVENTURE XXIV CLO, Ltd.Limited, as a Lender By: Octagon Credit Investors, MJX Asset Management LLC, as Collateral Manager Investment Advisor By: /s/ Xxxxxxxx X. Xxxxxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC MJX Asset Management ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIUBS AG, Ltd., as a Lender By: Octagon Credit Investors, LLC, as Collateral Manager Stamford Branch By: /s/ Xxxxxxxx X. Xxxxxx Xxxxx Xxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxx Xxxxxxx Title: Managing Associate Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsBanking Product Services, LLC US If a second signature is necessary: By: /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: Director ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIISound Point CLO XI, Ltd.Ltd, as a Lender By: Octagon Credit InvestorsSound Point Capital Management, LLCLP, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC Stone Point Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIMadison Park Funding XIV, Ltd., as a Lender By: Octagon Credit InvestorsSuisse Asset Management, LLC, as Collateral Portfolio Manager By: /s/ Xxxxxxxx X. Xxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsSuisse Asset Management, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender Pioneer Floating Rate Fund By: Octagon Credit InvestorsPioneer Investment Management, LLC, as Collateral Manager Inc. As its adviser By: /s/ Xxxxxxxx X. Xxxxxx Name: Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Vice President and Associate General Counsel Name of Fund Manager (if any): Octagon Credit InvestorsPioneer Investment Management, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVibrant CLO II, Ltd., as a Lender By: Octagon Credit InvestorsDFG Investment Advisers, LLCInc., as Collateral Portfolio Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsDFG Investment Advisors, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIAXA IM Inc., Ltd., as a Lender for and on behalf of ALLEGRO CLO I By: Octagon Credit Investors, LLC, as Collateral Manager AXA Investment Managers Paris S.A. By: /s/ Xxxxxxxx X. Xxxxxx Yannick Le Serviget Name: Xxxxxxxx X. Xxxxxx Yannick Le Serviget Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon Credit Investors, LLC AXA IM Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIXxxxxxxx Park CLO, Ltd., as a Lender Ltd. By: Octagon Credit Investors, LLC, GSO / Blackstone Debt Funds Management LLC as Collateral Manager to Warehouse Parent, Ltd. By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ GSO Capital ☐ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.APIDOS CLO XXIV, as a Lender By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Kentucky Retirement Systems (Xxxxxxxx – Pension Account), as a Lender By: Octagon Credit InvestorsXxxxxxxx Capital Management, LLCInc., as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxx Title: Managing Director of Portfolio Administration CO-CIO Name of Fund Manager (if any): Octagon Credit InvestorsXxxxxxxx Capital Management, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIXIV, Ltd., as a Lender Ltd. By: Octagon Credit Investors, LLC, LLC as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Name: Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.APIDOS CLO XXI, as a Lender By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIKeuka Park CLO, Ltd., as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVENTURE XIX CLO, Ltd.Limited, as a Lender By: Octagon Credit Investors, MJX Asset Management LLC, as Collateral Manager Investment Advisor By: /s/ Xxxxxxxx X. Xxxxxxxxx Xxxxxx Name: Xxxxxxxx X. Xxxxxxxxx Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC MJX Asset Management ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender Catamaran CLO 2013-1 Ltd. By: Octagon Credit InvestorsTrimaran Advisors, LLC, as Collateral Manager L.L.C. By: /s/ Xxxxxx Xxxxxxxx X. Xxxxxx Name: Xxxxxx Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit InvestorsTrimaran Advisors, LLC L.L.C. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXIIXIX, Ltd., as a Lender Ltd. By: Octagon Credit Investors, LLC, LLC as Collateral Manager collateral manager By: /s/ Xxxxxxxx X. Xxxxxx Name: Xxxxxxxx X. Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.PensionDanmark Pensionsforsikringsaktieselskab, as a Lender By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.Dorchester Park CLO Designated Activity Company, as a Lender By: Octagon Credit Investors, GSO/Blackstone Debt Funds Management LLC, as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC GSO Capital ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Existing Term Lender repaid on the Second First Amendment Effective Date and to purchase by assignment Tranche C B Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans in Tranche C B Term Loans. Octagon Investment Partners XXII, Ltd., as a Lender Guggenheim U.S. Loan Fund II By: Octagon Credit InvestorsGuggenheim Partners Investment Management, LLC, LLC as Collateral Investment Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxxx Title: Managing Director of Portfolio Administration Authorized Person Name of Fund Manager (if any): Octagon Credit InvestorsGuggenheim Partners, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Original Initial Term Loans held by such Lender for a Tranche C B Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Original Initial Term Loans for Tranche C B Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Original Initial Term Loans and the allocated principal amount of Tranche C B Term Loans will be prepaid on, and subject to the occurrence of, the Second First Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIICutwater 2015-I, Ltd., as a Lender By: Octagon Credit Investors, LLCCutwater Investor Services Corp., as Collateral Manager By: /s/ Xxxxxxxx Xxxxx X. Xxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxx X. Xxxxxx Xxxxxxx Title: Managing Director of Portfolio Administration Authorized Signatory Name of Fund Manager (if any): Octagon Credit Investors, LLC Insight Investment ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXII, Ltd.APIDOS CLO XVI, as a Lender By: Octagon Credit Investors, LLC, as Its Collateral Manager CVC Credit Partners, LLC By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxxxxxxx Title: Managing Director of Senior Portfolio Administration Manager Name of Fund Manager (if any): Octagon CVC Credit Investors, LLC Partners ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

Cash Settlement Option. The undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Tranche B Term Loans held by such Existing Term Lender repaid on the Second Amendment Effective Date and to purchase by assignment Tranche C Term Loans in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate to such Lender or to allocate less than 100% of the principal amount of such Lender’s Tranche B Term Loans in Tranche C Term Loans. Octagon Investment Partners XXIIVibrant CLO IV, Ltd., as a Lender By: Octagon Credit InvestorsDFG Investment Advisers, LLCInc., as Collateral Manager By: /s/ Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Name: Xxxxxxxx X. Xxxxxx Xxxxxxx Xxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit InvestorsDFG Investment Advisors, LLC Inc. ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount. By choosing this option, each undersigned Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Lender’s Tranche B Term Loans for Tranche C Term Loans, in which case the difference between the current principal amount of such Lender’s Tranche B Term Loans and the allocated principal amount of Tranche C Term Loans will be prepaid on, and subject to the occurrence of, the Second Amendment Effective Date.

Appears in 1 contract

Samples: And Restated Credit Agreement (SiteOne Landscape Supply, Inc.)

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