Common use of SPRINGBOARD GROUP S Clause in Contracts

SPRINGBOARD GROUP S. àr.l., a société à responsibilité limitée organized under the laws of Luxembourg (“Holdings”), Springboard Finance, L.L.C., a Delaware limited liability company (the “Borrower”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, are party to a Credit Agreement dated as of November 19, 2009 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”). The Lenders and the Issuing Banks have agreed to extend credit to the Borrower subject to the terms and conditions set forth in the Credit Agreement. The obligations of the Lenders and the Issuing Banks to extend such credit are conditioned upon, among other things, the execution and delivery of this Agreement. The Pledgors will derive substantial benefits from the extension of credit to the Borrower pursuant to the Credit Agreement and are willing to execute and deliver this Agreement in order to induce the Lenders and the Issuing Banks to extend such credit.

SPRINGBOARD GROUP S. àr.l., a société à responsibilité responsabilité limitée organized under the laws of Luxembourg (“Holdings”), Springboard Finance, L.L.C., a Delaware limited liability company (the “Borrower”), the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, are party to a Credit Agreement dated as of 19 November 19, 2009 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”). The Lenders and the Issuing Banks have agreed to extend credit to the Borrower subject to the terms and conditions set forth in the Credit Agreement. The obligations of the Lenders and the Issuing Banks to extend such credit are conditioned upon, among other things, the execution and delivery of this Agreement. The Pledgors Pledgor will derive substantial benefits from the extension of credit to the Borrower pursuant to the Credit Agreement and are is willing to execute and deliver this Agreement in order to induce the Lenders and the Issuing Banks to extend such credit.