Common use of Cashless Settlement Option:   o Post-Closing Settlement Option Clause in Contracts

Cashless Settlement Option:   o Post-Closing Settlement Option. To convert 100% of the outstanding principal amount of Existing Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) into New Term Loans in a like principal amount. To have 100% of the outstanding principal amount of Existing Term Loans held by such Lender prepaid on the Amendment No. 2 Effective Date and to agree to purchase from the Fronting Lenders pursuant to one or more Assignment and Assumptions New Term Loans in the principal amount of such Existing Term Loans (or such lesser amount allocated to such Lender by the Administrative Agent) on or immediately after the Amendment No. 2 Effective Date. Fifth Third Bank as a Term Lender By: /s/ Xxx Xxxxxxx Name: Xxx Xxxxxxx Title: Officer If a second signature is necessary: By: Name: Title: AMENDMENT No. 2 — PRESS XXXXX FIRST LIEN

Appears in 2 contracts

Samples: PGA Holdings, Inc., PGA Holdings, Inc.

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Cashless Settlement Option:   o Post-Closing Settlement Option. To convert 100% of the outstanding principal amount of Existing Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) into New Term Loans in a like principal amount. To have 100% of the outstanding principal amount of Existing Term Loans held by such Lender prepaid on the Amendment No. 2 Effective Date and to agree to purchase from the Fronting Lenders pursuant to one or more Assignment and Assumptions New Term Loans in the principal amount of such Existing Term Loans (or such lesser amount allocated to such Lender by the Administrative Agent) on or immediately after the Amendment No. 2 Effective Date. Fifth Third Bank CIT Finance LLC, as a Term Lender By: /s/ Xxx Xxxxxxx Xxxx Xxxxxx Name: Xxx Xxxxxxx Xxxx Xxxxxx Title: Officer Director If a second signature is necessary: By: Name: Title: AMENDMENT No. 2 — PRESS XXXXX FIRST LIEN

Appears in 2 contracts

Samples: PGA Holdings, Inc., PGA Holdings, Inc.

Cashless Settlement Option:   o Post-Closing Settlement Option. To convert 100% of the outstanding principal amount of Existing Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) into New Term Loans in a like principal amount. To have 100% of the outstanding principal amount of Existing Term Loans held by such Lender prepaid on the Amendment No. 2 Effective Date and to agree to purchase from the Fronting Lenders pursuant to one or more Assignment and Assumptions New Term Loans in the principal amount of such Existing Term Loans (or such lesser amount allocated to such Lender by the Administrative Agent) on or immediately after the Amendment No. 2 Effective Date. Fifth Third Bank of Montreal as a Term Lender By: /s/ Xxx Xxxxxxx Xxxxx Xxxxx Name: Xxx Xxxxxxx Xxxxx Xxxxx Title: Officer Managing Director If a second signature is necessary: By: Name: Title: AMENDMENT No. 2 — PRESS XXXXX FIRST LIEN

Appears in 2 contracts

Samples: PGA Holdings, Inc., PGA Holdings, Inc.

Cashless Settlement Option:   o Post-Closing Settlement Option. To convert 100% of the outstanding principal amount of Existing Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) into New Term Loans in a like principal amount. To have 100% of the outstanding principal amount of Existing Term Loans held by such Lender prepaid on the Amendment No. 2 Effective Date and to agree to purchase from the Fronting Lenders pursuant to one or more Assignment and Assumptions New Term Loans in the principal amount of such Existing Term Loans (or such lesser amount allocated to such Lender by the Administrative Agent) on or immediately after the Amendment No. 2 Effective Date. Fifth Third Bank Telos CLO 2006-1, LTD as a Term Lender By: /s/ Xxx Xxxxxxx Name: Xxx Xxxxxxx Xxxxxxxx Xxxxxx Name Xxxxxxxx Xxxxxx Title: Officer Director If a second signature is necessary: By: Name: Title: AMENDMENT No. 2 — PRESS XXXXX FIRST LIEN

Appears in 2 contracts

Samples: PGA Holdings, Inc., PGA Holdings, Inc.

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Cashless Settlement Option:   o Post-Closing Settlement Option. To convert 100% of the outstanding principal amount of Existing Term Loans held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) into New Term Loans in a like principal amount. To have 100% of the outstanding principal amount of Existing Term Loans held by such Lender prepaid on the Amendment No. 2 Effective Date and to agree to purchase from the Fronting Lenders pursuant to one or more Assignment and Assumptions New Term Loans in the principal amount of such Existing Term Loans (or such lesser amount allocated to such Lender by the Administrative Agent) on or immediately after the Amendment No. 2 Effective Date. Fifth Third Bank CIT Bank, as a Term Lender By: /s/ Xxx Xxxxxxx Xxxx Xxxxxx Name: Xxx Xxxxxxx Xxxx Xxxxxx Title: Officer Director If a second signature is necessary: By: NA Name: Title: AMENDMENT No. 2 — PRESS XXXXX FIRST LIEN

Appears in 2 contracts

Samples: PGA Holdings, Inc., PGA Holdings, Inc.

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