Decline Notice definition

Decline Notice shall have the meaning set forth in Section 2.2(d).

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Decline Notice shall have the meaning as provided Section 7.4.

Decline Notice means a written notice delivered by the Declining Purchaser to the Company and the other Purchasers within five days of the Declining Purchaser's receipt of the Tranche II Notice specifying the number of shares of Stock the Declining Purchaser will purchase in the Tranche II Purchase.

Examples of Decline Notice in a sentence

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.
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.
For the sake of clarity, if the Purchaser has timely delivered a Decline Notice to the Company pursuant to Section 9(t) hereof, the Purchaser shall not be obligated to purchase the Forward Purchase Securities at the Forward Closing.
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.
If the Purchaser shall fail to deliver an Exercise Notice within the five (5) day period specified above, the Purchaser shall be deemed to have delivered a Decline Notice in respect of the Funding Request.
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").
Notwithstanding anything to the contrary in this Section 7.1 or elsewhere in this Agreement, if the Gator PPC for all Active Categories in any given calendar month declines, for any reason, below [***] percent ([***]%) of the Pre-Decline PPC, then Gator shall provide Overture with a Gator PPC Decline Notice.
The Decline Notice shall be effective for a three-month period commencing on the date thereof (the "Blackout Period") and shall operate as a bar to any additional Demand Registration requests of Eligible Holders for the remainder of the Blackout Period.

More Definitions of Decline Notice

Decline Notice shall have the meaning set forth in Section 5.27(e)(iii)(C).

Decline Notice has the meaning assigned to that term in Section 2(b) hereof.

Decline Notice has the meaning set forth in Section 3.5.2.3.

Decline Notice has the meaning set forth in clause 18.6(a)(v)(A); "Default Notice" has the meaning set forth in clause 17.2(a); "Defaulting Shareholder" has the meaning set forth in clause 17.2(a); "Delegation of Authority" has the meaning set forth in clause 10(c);

Decline Notice means the notice confirming that the Preemption Right has not been exercised, either because TPAO and Stratic have explicitly waived the Pre-emption Right, or because, following the Written Notification, thirty days have elapsed without the delivery of a Counter-Notification; such notification shall be sent by the Assignor to the Assignee on the same day it receives such explicit written waiver or on the day the thirty day’s period has expired, as the case may be.