Cashless Settlement Option Sample Clauses
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Cashless Settlement Option to convert 100% of the outstanding principal amount of the Term Loans under the Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) into Term Loans under the Restated Credit Agreement in a like principal amount. In the event a lesser amount is allocated the difference between the current amount and the allocated amount will be prepaid on the Restatement Effective Date.
Cashless Settlement Option. ☐ to convert 100% of the outstanding principal amount of the Original Term Loans held by such Original Term Loan Lender (or such lesser amount allocated to such Lender by the First Refinancing Amendment Arranger) into Term B Loans in a like principal amount. ☒ to have 100% of the outstanding principal amount of the Original Term Loans held by such Original Term Loan Lender prepaid on the First Refinancing Amendment Effective Date and purchase by assignment the principal amount of Term B Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the First Refinancing Amendment Arranger).
Cashless Settlement Option. ☐ to convert 100% of the outstanding principal amount of the Existing Term B2 Loans held by such Term B2 Lender (or such lesser amount as notified to such Lender by the Administrative Agent) into new Term B2 Loans in a like principal amount in Dollars.
Cashless Settlement Option. Hereby (i) elects, upon the Amendment No. 6 Effective Date, to exchange the full amount (no partial amounts will be rolled) of the outstanding Existing Tranche B-5 Term Loans of such Participating Lender for an equal outstanding amount of Tranche B-6 Term Loans under the Credit Agreement and (ii) represents and warrants to the Administrative Agent that it has the organizational power and authority to execute, deliver and perform its obligations under this Tranche B-6 Participation Notice and the Amendment (including, without limitation, with respect to any exchange contemplated hereby) and has taken all necessary corporate and other organizational action to authorize the execution, delivery and performance of this Tranche B-6 Participation Notice and the Amendment.
Cashless Settlement Option. ☐ to convert the entire aggregate principal amount of its Term B Loan to a Term B-1 Loan (or such lesser amount as may be notified to such Lender by the Administrative Agent) on the Amendment No. 3
Cashless Settlement Option. □ to convert 100% of the outstanding principal amount of the Existing Term Loans held by such Lender into a Tranche B Term Loan in a like principal amount.
Cashless Settlement Option. ¨ ▇▇▇▇ this box to exchange or convert (on a cashless basis) 100% of the outstanding principal amount of Initial Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Arrangers) into Term B-1 Loans in a like principal amount as described in the Amendment.
Cashless Settlement Option. ¨ to convert 100% of the outstanding principal amount of the Original Term A Loan held by such Lender (or such lesser amount allocated to such Lender by the First Refinancing Agents) into a Term A-1 Loan in a like principal amount. ¨ to have its Original Term A Loans repaid on the First Refinancing Amendment Effective Date and purchase by assignment $ aggregate principal amount of the Term A-1 Loans (or such lesser amount allocated to such Lender by the First Refinancing Agents) from the Additional Term A-1 Lender. , as a Term A Lender (type name of the legal entity) By: Name: Title: [If a second signature is necessary: By: Name: Title:] The undersigned Term B Lender hereby irrevocably and unconditionally approves each of the First Refinancing Amendment and the Additional Amendment and consents as follows (check ONE option):
Cashless Settlement Option. ☐ to convert 100% of the outstanding principal amount of the Tranche B-3 Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Amendment No. 7 Arrangers) into Tranche B-4 Term Loans in a like principal amount. ☐ to have 100% of the outstanding principal amount of the Tranche B-3 Term Loans held by such Lender prepaid on the Amendment No. 7 Effective Date and purchase by assignment a like principal amount of Tranche B-4 Term Loans (or such lesser amount allocated to such Lender by the Amendment No. 7 Arrangers).
Cashless Settlement Option. ☐ to deem prepaid 100% of the outstanding principal amount of the 2024 Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) with proceeds of a 2026 Refinancing Term Loan in a like principal amount. ☐ to have 100% of the outstanding principal amount of the 2024 Term Loans held by such Lender prepaid on the Amendment No. 6 Effective Date and to purchase by assignment 2026 Refinancing Term Loans in a like principal amount (or such lesser amount allocated to such Lender by the Administrative Agent).