Common use of Cashless Settlement Option Clause in Contracts

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. Post-Closing Settlement Option ☐ 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).

Appears in 3 contracts

Samples: Credit Agreement (New Whale Inc.), Credit Agreement (Endeavor Group Holdings, Inc.), Credit Agreement (Endeavor Group Holdings, Inc.)

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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. Post-Closing Settlement Option ☐ 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).. [signature page to follow] William Morris Endeavor Entertainment, LLC

Appears in 2 contracts

Samples: First Refinancing (Endeavor Group Holdings, Inc.), First Refinancing (Endeavor Group Holdings, Inc.)

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. Post-Closing Settlement Option ☐ 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).. William Morris Endeavor Entertainment, LLC

Appears in 2 contracts

Samples: First Refinancing (Endeavor Group Holdings, Inc.), First Refinancing (Endeavor Group Holdings, Inc.)

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. Post-Closing Settlement Option ☐ 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).. Xxxxxxx Xxxxxx Endeavor Entertainment, LLC

Appears in 2 contracts

Samples: First Refinancing (Endeavor Group Holdings, Inc.), First Refinancing (Endeavor Group Holdings, Inc.)

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. Post-Closing Settlement Option 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).. [signature page to follow] William Morris Endeavor Entertainment, LLC

Appears in 2 contracts

Samples: First Refinancing (Endeavor Group Holdings, Inc.), First Refinancing (Endeavor Group Holdings, Inc.)

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. Post-Closing Settlement Option ☐ 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).. [signature page to follow] Xxxxxxx Xxxxxx Endeavor Entertainment, LLC

Appears in 2 contracts

Samples: First Refinancing (Endeavor Group Holdings, Inc.), First Refinancing (Endeavor Group Holdings, Inc.)

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Cashless Settlement Option. ¨ to convert 100% of the outstanding principal amount of the Original Initial Term Loans held by such Original Term Loan Lender (or such lesser amount allocated to such Lender by the First Refinancing Amendment ArrangerJoint Lead Arrangers (and consented to by the Borrower)) Lender into Term B Loans in a like principal amount. Post-Closing Settlement Option ¨ to have 100% of the outstanding principal amount of the Original Initial Term Loans held by such Original Term Loan Lender prepaid on the First Refinancing Amendment Effective Date and purchase by assignment the a 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 ArrangerJoint Lead Arrangers (and consented to by the Borrower)).

Appears in 2 contracts

Samples: Credit Agreement (Chicagoland Television News, LLC), Joinder Agreement (Tribune Media Co)

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. Post-Closing Settlement Option 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).. William Morris Endeavor Entertainment, LLC

Appears in 2 contracts

Samples: First Refinancing (Endeavor Group Holdings, Inc.), First Refinancing (Endeavor Group Holdings, Inc.)

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. Post-Closing Settlement Option 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).. Xxxxxxx Xxxxxx Endeavor Entertainment, LLC

Appears in 2 contracts

Samples: First Refinancing (Endeavor Group Holdings, Inc.), First Refinancing (Endeavor Group Holdings, Inc.)

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