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.
In our considered opinion, when such prayers have been made, the Court is exercising its original jurisdiction and not inherent powers provided under Section 482 of the Cr.P.C. It is also pertinent to note that the writ appeal was entertained on the W.A. 1628/2023 -:14:-2023:KER:66404 ground that the learned single Judge had not granted sufficient opportunity to the State authorities to file counter affidavit in response to the prayer for transfer of investigation to the CBI.
The documentation governing the First Lien Notes and the ABL Credit Facility shall permit mandatory prepayments under the Second Lien Facility with Declined Amounts (as defined below) regardless of whether any First Lien Notes or loans under the ABL Credit Facility are outstanding.
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 (3) Business Days prior to the Mandatory Prepayment Date.
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.