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Thank the recipient and mention what the invitation was initially for. Mention that the relationship you have with the person is special and that you wish you could be there. If you have a prior commitment or particular reason as to why the invitation is being declined, state it here.
Thank you for thinking of me. I would love to be there, but can't. Wish I could, but it is not possible for me to attend. I'm already busy that day/evening/weekend. Oh, too bad for me. I'm going to miss all the fun!
Thank you for your timely response, I understand that your schedule is busy and because of that, you had to reject my meeting invitation. Thank you very much for considering my invitation and for responding to my email. Is there any chance we can make this meeting work on your terms? I look forward to hearing from you.
Sorry, I have other plans. I'll definitely go next time! I wish I could make it, but I can't. I have a test that day. I have something else going on that day, sorry! I'm really busy that week, so I can't go. Can we hang out later?
Offer a clear and valid reason for rejecting the proposal. The recipient requires some explanation as to why their proposal didn't sail through. Use a polite tone. Be professional. Express wiliness to work with the client in the future should they meet your requirements.
Express appreciation for the invitation, mentioning specifically what you were invited to do in a specific event on a specific day. Express regret that you are unable to accept the invitation, briefly mentioning the reason without elaboration. If appropriate, suggest a qualified replacement.
When you write a letter to refuse the reader's request, choose your words carefully. Start with a positive statement. Explain why you can't fulfill the request. Suggest a different plan if it's possible. Write a positive statement at the end that can keep the reader's goodwill.
This is going to be an important discussion. I'm not able to attend, but I will find some time to share my thoughts so you can include them in the discussion. I'm sorry that I can't attend the meeting.