Common use of Treatment of Existing Credit Agreement Clause in Contracts

Treatment of Existing Credit Agreement. Notwithstanding anything in this Certificate of Designations to the contrary, but subject to the terms set forth herein, the Company shall not pay, and shall not be required to pay, any Change of Control Put Price unless the Obligations (as defined in the Existing Credit Agreement) are fully satisfied prior to or simultaneously with such payment of the Change of Control Put Price.

Appears in 2 contracts

Samples: Investment Agreement (Bright Health Group Inc.), Investment Agreement (Bright Health Group Inc.)

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Treatment of Existing Credit Agreement. Notwithstanding anything in this Certificate of Designations to the contrary, contrary but subject to the terms set forth herein, the Company shall not pay, and shall not be required to pay, any Change of Control Put Price unless the Loan Obligations (as defined in the Existing Credit Agreement) thereunder are fully satisfied prior to or simultaneously with such payment of the Change of Control Put Price.

Appears in 1 contract

Samples: Investment Agreement (Coty Inc.)

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Treatment of Existing Credit Agreement. Notwithstanding anything in this Certificate of Designations to the contrary, but subject to the terms set forth herein, the Company shall not pay, and shall not be required to pay, any Change of Control Put Price unless the Obligations (as defined or Change of Control Call Price if such payment is not permitted under, or would result in a breach of, or event of default under, the Existing Credit Agreement) are fully satisfied prior to Agreement or simultaneously with such payment any other credit agreement, indenture or other financing arrangement of the Change of Control Put PriceCompany or its Subsidiaries.

Appears in 1 contract

Samples: Investment Agreement (GoHealth, Inc.)

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