Declined Amounts definition

Declined Amounts has the meaning specified in Section 2.05(c).
Declined Amounts shall have the meaning given to such term in Section 2.10(b).
Declined Amounts has the meaning set forth in Section 2.11(d)(ii).

Examples of Declined Amounts in a sentence

  • Such notice shall set forth (i) the Mandatory Prepayment Date, (ii) the aggregate amount of such prepayment and (iii) the option of each Term Lender to (x) decline its share of such prepayment or (y) accept Declined Amounts.

  • Any Term Lender that wishes to exercise its option to decline such prepayment or to accept Declined Amounts shall notify the Administrative Agent by facsimile not later than three Business Days prior to the Mandatory Prepayment Date.

  • OLD BUSINESS Board Chair Packard reconvened into Public Session at 8:25 p.m.

  • The aggregate amount of the Declined Amounts shall be retained by the Borrowers and/or applied by the Borrower in any manner not inconsistent with the terms of this Agreement.

  • Such notice shall set forth (i) the Mandatory Prepayment Date, (ii) the aggregate amount of such prepayment and (iii) the options of each Term Lender to (x) decline or accept its share of such prepayment and (y) to accept Declined Amounts.


More Definitions of Declined Amounts

Declined Amounts as defined in Section 2.11(d).
Declined Amounts means mandatory prepayments pursuant to Section 5.2 that are declined by Term Loan Lenders.
Declined Amounts means the sum of all Declined Proceeds hereunder since the Original Closing Date; provided that such Declined Proceeds shall constitute Declined Amounts only to the extent such amounts also constitute “Declined Proceeds” under the Second Lien Term Loan Agreement.
Declined Amounts the sum of (x) the Term Loan Declined Amounts and (y) the amount of Excess Cash Flow and Net Available Cash of any Asset Disposition offered (to the extent the Borrower or any Restricted Subsidiary is required by the terms thereof) to prepay, repay or purchase other Indebtedness that is secured by the Collateral on a pari passu basis with the Obligations and which the holders of such Indebtedness decline to accept pursuant to terms equivalent to Subsection 4.4(h) (as determined by the Borrower in good faith, which determination shall be conclusive).
Declined Amounts means the sum of the amount of excess cash flow and net proceeds from Asset Sales offered to prepay, repay or purchase other Indebtedness and which the holders of such Indebtedness decline to accept (as determined by the Borrower in good faith).
Declined Amounts shall have the meaning specified in Section 2.13(g).
Declined Amounts shall have the meaning provided in Section 5.02(h).