Common use of DECLINE Clause in Contracts

DECLINE. The undersigned Lender declines to participate and elects to have all of the outstanding principal amount of the Term Loans held by such Lender be assigned on the Amendment No. 1 Effective Date to a New Lender and is hereby deemed to execute the Assignment Agreement.

Appears in 3 contracts

Sources: Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

DECLINE. ¨ The undersigned Lender declines to participate and elects to have all of the outstanding principal amount of the Term Loans held by such Lender be assigned on the Amendment No. 1 Effective Date to a New Lender and is hereby deemed to execute the Assignment Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

DECLINE. The undersigned Lender declines to participate and elects to have all of the outstanding principal amount of the Term Loans and all of the outstanding Delayed Draw Commitments held by such Lender be assigned on the Amendment No. 1 Effective Date to a New Lender and is hereby deemed to execute the Assignment Agreementand Assumption.

Appears in 1 contract

Sources: First Lien Credit Agreement (Mister Car Wash, Inc.)