Common use of Cashless Settlement Option Clause in Contracts

Cashless Settlement Option. a to convert 100% of the outstanding principal amount of the Original Tranche B Term Loan held by such Lender (or such lesser amount allocated to such Lender by the First Amendment Arrangers) into a Tranche B-1 Term Loan in a like principal amount.

Appears in 1 contract

Sources: Credit Agreement (Davita Inc.)

Cashless Settlement Option. a ¨ to convert exchange 100% of the outstanding principal amount of the Original Tranche B Dollar Term Loan held by such Lender (or such lesser amount allocated to such Lender by the First Amendment No. 1 Arrangers) into for a Tranche B-1 Dollar Term Loan in a like principal amount.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (IMS Health Holdings, Inc.)

Cashless Settlement Option. a ¨ to convert exchange 100% of the outstanding principal amount of the Original Tranche B B-1 Dollar Term Loan held by such Lender (or such lesser amount allocated to such Lender by the First Amendment Lead Arrangers) into for a Tranche B-1 Term B Dollar Loan in a like principal amount.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (IMS Health Holdings, Inc.)

Cashless Settlement Option. a to convert 100% of the outstanding principal amount of the Original Tranche B Existing Term Loan Loans held by such Lender (or such lesser amount allocated to such Lender by the First Amendment Arrangers) into a Tranche B-1 B Term Loan in a like principal amount.

Appears in 1 contract

Sources: Credit Agreement (E.W. SCRIPPS Co)

Cashless Settlement Option. a ¨ to convert 100% of the outstanding principal amount of the Original existing Tranche B 2 Term Loan held by such Lender (after giving effect to the Prepayment) into Tranche 3 Term Loans and Tranche 4 Term Loans on a pro rata basis (or such lesser amount allocated to such Lender other basis as determined by the First Amendment Arrangers) into a Tranche B-1 Term Loan in a like principal amountArranger).

Appears in 1 contract

Sources: Amendment Agreement (CommScope Holding Company, Inc.)