Common use of Cashless Settlement Option Clause in Contracts

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 Tranche B-3 Term Loans under the Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Administrative Agent) into Initial Term Loans under the Amended and 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 Amendment and Restatement Effective Date.

Cashless Settlement Option. ☐ to convert 100% of the outstanding principal amount of the Term Initial Loans under the Existing Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentLead Arrangers) into Replacement Term B-2 Loans under the Restated Amended Credit Agreement in a like principal amount. In the event a lesser amount is allocated allocated, the difference between the current amount and the allocated amount will be prepaid on the Restatement Effective Amendment No. 2 Funding Date.

Cashless Settlement Option. ¨ to convert 100% of the outstanding principal amount of the Term Loans under the Credit Agreement B Loan held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentArrangers) into a Term Loans under the Restated Credit Agreement B-1 Loan in a like principal amount. In ¨ to have 100% of the event a lesser outstanding principal amount is allocated of the difference between the current amount and the allocated amount will be Term B Loan held by such Lender prepaid on the Restatement Amendment No. 1 Effective DateDate and purchase by assignment a principal amount of Term B-1 Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Arrangers).

Cashless Settlement Option. ☐ to convert 100% of the outstanding principal amount of the Initial Term Loans under the Existing Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentLead Arrangers) into Term B-1 Loans under the Restated Amended Credit Agreement in a like principal amount. In the event a lesser amount is allocated allocated, the difference between the current amount and the allocated amount will be prepaid on the Restatement Amendment No. 1 Effective Date.

Cashless Settlement Option. ☐ to convert 100% of the outstanding principal amount of the Term B-2 Loans under the Existing Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentLead Arrangers) into Term B-3 Loans under the Restated Amended Credit Agreement in a like principal amount. In the event a lesser amount is allocated allocated, the difference between the current amount and the allocated amount will be prepaid on the Restatement Effective Date.Amendment No. 3

Cashless Settlement Option. o to convert 100% of the outstanding principal amount of the Term Loans under the Credit Agreement Loan(s) held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentRefinancing Amendment Lead Arrangers) into a Refinancing Term Loans under the Restated Credit Agreement Loan in a like principal amount. In the event a lesser amount is allocated allocated, the difference between the current amount and the allocated amount will be prepaid on the Restatement Effective Second Amendment Date.

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 B-1 Loans under the Restated Credit Agreement as amended by the Amendment in a like principal amount. In the event a lesser amount is allocated by the Administrative Agent, the difference between the current amount and the allocated amount will be prepaid on the Restatement Effective Date.Amendment No. 1

Cashless Settlement Option. ☐ to convert 100% of the outstanding principal amount of the Original Term Loans under the Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentLead Arrangers) into Term B Loans under the Restated Amended Credit Agreement in a like principal amount. In the event a lesser amount of the new Term B Loans is allocated to you, the difference between the your current amount of Original Term Loans and the allocated amount of new Term B Loans will be prepaid on the Restatement Effective Date.

Cashless Settlement Option. ¨ to convert 100% of the outstanding principal amount of the Term Loans under the Credit Agreement B-1 Loan held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentArrangers) into a Term Loans under the Restated Credit Agreement B-2 Loan in a like principal amount. In ¨ to have 100% of the event a lesser outstanding principal amount is allocated of the difference between the current amount and the allocated amount will be Term B-1 Loan held by such Lender prepaid on the Restatement Amendment No. 2 Effective DateDate and purchase by assignment a principal amount of Term B-2 Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Arrangers).

Cashless Settlement Option. ¨ to convert 100% of the outstanding principal amount of the [Initial Term Loans Loans][Amendment No. 2 Incremental Term Loans] under the Existing Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentLead Arrangers for the Amendment No. 6 Refinancing Term Loans) into Amendment No. 6 Refinancing Term Loans under the Restated Credit Agreement in a like principal amount. In the event a lesser amount is allocated 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 Term B-1 Loans under the Existing Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentLead Arrangers) into Term B-2 Loans under the Restated Amended Credit Agreement in a like principal amount. In the event a lesser amount is allocated allocated, the difference between the current amount and the allocated amount will be prepaid on the Restatement Effective Date.Amendment No. 3

Cashless Settlement Option. ¨ to convert 100% of the outstanding principal amount of the Term Loans under the Credit Agreement B Loan held by such Lender (or such lesser amount allocated to such Lender by the Administrative AgentArrangers) into a Term Loans under the Restated Credit Agreement B-1 Loan in a like principal amount. In ¨ to have 100% of the event a lesser outstanding principal amount is allocated of the difference between the current amount and the allocated amount will be Term B Loan held by such Lender prepaid on the Restatement Amendment No. 1 Effective DateDate and purchase by assignment the principal amount of Term B-1 Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Arrangers).