Common use of Declined Amount Clause in Contracts

Declined Amount. Other than with respect to repayments pursuant to clause (g) above, the applicable Lenders may elect not to accept any mandatory prepayment (each such Lender, a “Declining Lender”). Any prepayment amount declined by the Declining Lenders (the “Declined Amount”) shall be retained by the Parent Borrower.

Appears in 5 contracts

Sources: Credit Agreement (Coty Inc.), Credit Agreement (Coty Inc.), Credit Agreement (Coty Inc.)

Declined Amount. Other than with respect to repayments pursuant to clause (g) aboveSection 2.05(b)(iii)(y), the applicable Lenders may elect not to accept any mandatory prepayment (each such Lender, a “Declining Lender”). Any prepayment amount declined by the Declining Lenders (the “Declined Amount”) shall be retained by the Parent BorrowerCompany.

Appears in 2 contracts

Sources: Credit Agreement (EnerSys), Credit Agreement (EnerSys)

Declined Amount. Other than with respect to repayments pursuant to clause (g) above, the applicable Lenders may elect not to accept any mandatory prepayment (each such Lender, a “Declining Lender”). Any prepayment amount declined by the Declining Lenders (the “Declined Amount”) shall be retained by the Parent Initial Borrower.

Appears in 1 contract

Sources: Credit Agreement (Galleria Co.)

Declined Amount. Other than with respect to repayments pursuant to clause (g) above, the The applicable Lenders may elect not to accept any mandatory prepayment (each such Lender, a “Declining Lender”). Any prepayment amount declined by the Declining Lenders (the “Declined Amount”) shall be retained by the Parent Borrower.

Appears in 1 contract

Sources: Credit Agreement (FTAI Infrastructure Inc.)