Examples of Declined Amount in a sentence
If any Lender agrees (in its sole discretion) to such request and such Lender consents to such waiver of the prepayment of its Declined Amount in writing to the Borrower and the Administrative Agent prior to the time such prepayment is required or proposed to be made, the Borrower shall apply such Declined Amount to prepayment of the Revolving Loans.
Amounts to be applied in connection with prepayments made pursuant to this Section 2.2(c)(ii) shall be payable to each Purchaser in accordance with its respective Pro Rata Share; provided that any Purchaser may decline any such prepayment (collectively, the “Declined Amount”), in which case the Declined Amount shall be retained by Issuer.
Suppliers and service providers are required to keep confidential the information received on behalf of Rae’s Training & Consulting and may not use it for any purpose other than to carry out the services they are performing for Rae’s Training & Consulting.
Such Lxxxxx’s Declined Amount may be retained by the Parent Borrower.
Each Rejection Notice from a given Lender shall specify such Lender’s Declined Amount of each Class of Revolving Commitments held by such Lender.