Examples of Decline Notice in a sentence
In the Decline Notice, the Managing Owner shall declare a “Special Redemption Period” during which time Limited Owners may elect to redeem their Units in the applicable Fund, upon proper written notice to the Managing Owner as described in the Decline Notice.
The Swing Line Lender shall give prompt notice, but in any event not later than 1:00 p.m. (Charlotte, North Carolina time) to the Borrower and the Agent in the event that the Swing Line Lender declines to make such Swing Line Loan (a “Decline Notice”); it being understood that the failure of the Swing Line Lender to provide a Decline Notice in a timely manner shall be deemed the consent of the Swing Line Lender to provide such Swing Line Loan in accordance with the terms of this Agreement.
Promptly after receipt of a Swing Line Borrowing Notice, provided that the Agent has not received a Decline Notice from the Swing Line Lender in respect thereof, the Agent shall notify each Lender by fax, or other similar form of transmission, of the requested Swing Line Loan.
Following receipt of such Decline Notice by the Company, this Agreement and Purchaser’s obligations hereunder shall automatically become null and void effective immediately prior to the Business Combination Closing.
Any Offer Employees that are listed on the Decline Notice shall not be offered employment by Buyer.
The existing Commitment of any Bank shall not be increased in connection with an Increase Request if such Bank (x) by notice ("Decline Notice") declines to increase its Commitment during the Consent Period or (y) fails to respond to the Borrower and the Agent within the Consent Period (each such Bank giving a Decline Notice or failing to respond on or before the expiration of the Consent Period being called a "Declining Bank" and each other Bank being called an "Increasing Bank").
Starting [***] after the date of the Gator PPC Decline Notice, Overture shall also have a right to terminate this Agreement upon [***] prior written notice if, in any calendar month, Gator delivers less than [***] percent ([***] %) of the Bidded Clicks Gator delivered in the highest volume calendar month during the [***] period following the Gator PPC Decline Notice.
Upon receipt of a Decline Notice, a Participating Purchaser, at its option, may within seven days elect to purchase any or a11 of its Pro Rata Share of the Declined Stock.
If a Purchaser determines not to fully participate in a Tranche II Purchase, such Declining Purchaser shall deliver a Decline Notice to the Company and the other Purchasers within five days after receipt of the Tranche II Notice.
The failure by Wildcat to timely deliver either an Acceptance Notice or a Decline Notice within the 30-day period specified above shall be deemed to be, for purposes hereof, an election by Wildcat to deliver a Decline Notice (and the following provisions shall apply with regard thereto).