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.
Appears in 1 contract
Sources: Credit Agreement (Switch, Inc.)
Cashless Settlement Option. ¨ ▇▇▇▇ this box ☐ to exchange or convert (on a cashless basis) deem prepaid 100% of the outstanding principal amount of Initial the Existing Term Loans held by such Lender with proceeds of a 2024 Specified Refinancing Term Loan in a like principal amount (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 AmendmentAdministrative Agent).
Appears in 1 contract
Sources: Credit Agreement (Allison Transmission Holdings Inc)
Cashless Settlement Option. ¨ ▇▇▇▇ this box o to exchange or convert (on a cashless basis) 100% of the outstanding principal amount of Initial the Existing Term Loans held by such Lender (or such lesser amount allocated to such Lender by the ArrangersLead Arranger) into Term B-1 B Loans (as defined in the Amended and Restated Credit Agreement) in a like principal amount as described in the Amendmentamount.
Appears in 1 contract
Cashless Settlement Option. ¨ ▇▇▇▇ this box to exchange or convert (on a cashless basis) 100% of the outstanding principal amount of the Existing Initial Term Loans held by such Lender for 2024 Refinancing Term Loans in an equal principal amount (or such lesser amount as may be allocated to such Lender by the Lead Arrangers) into Term B-1 Loans in a like principal amount as described in the Amendment).
Appears in 1 contract
Sources: Credit Agreement (Endo, Inc.)
Cashless Settlement Option. ¨ ▇▇▇▇ this box ☐ to exchange or convert (on a cashless basis) 100% of the outstanding principal amount of Initial the Existing Term B Loans held by such Lender (for 2018 Refinancing Term B Loans in an equal principal amount or such lesser amount allocated to such Lender by the Arrangers) into Term B-1 Loans in a like Refinancing Arranger. Post-Closing Settlement Option ☐ to have 100% of the outstanding principal amount as described in of the AmendmentExisting Term B Loans held by such Lender prepaid on the Effective Date and purchase by assignment the principal amount of 2018 Refinancing Term B Loans committed to separately by the undersigned.
Appears in 1 contract
Sources: Incremental Assumption and Amendment Agreement (PlayAGS, Inc.)