Clean Down Period. During each calendar year during the term of this Agreement, there shall be a period of fifteen (15) consecutive days (the “Clean Down Period”) during which (a) there are no Distribution Loans outstanding, and (b) no Distribution Loans will be made.
Clean Down Period. The Borrower will cause the aggregate outstanding principal balance of Distribution Loans to be zero for a period of at least fifteen (15) consecutive days during each twelve month period.
Clean Down Period. Fail to reduce the aggregate Outstanding Amount of all Loans to $2,000,000 or less for at least 30 consecutive days in any fiscal quarter of the Borrower.
Clean Down Period. During each fiscal year in which Distribution Loans are made, there shall be a period of fifteen (15) consecutive days (the "Clean Down Period") during which (a) there are no Distribution Loans outstanding, and (b) no Distribution Loans will be made. The Clean Down Period for a fiscal year may begin on any date that is after the first Distribution Loan is made in such fiscal year.
Clean Down Period. During the Clean-down Period for each fiscal year of the Borrower, the aggregate unpaid principal amount of outstanding Revolving Loans and Supplemental Revolving Loans, plus outstanding Letters of Credit Usage (which are not cash collateralized in a manner satisfactory to the Administrative Agent) shall not exceed the Clean-down Amount.
Clean Down Period. During each calendar year, there shall be a period of fifteen (15) consecutive days (the "CLEAN DOWN PERIOD") during which (a) there are no Loans outstanding under the Working Capital/Distribution Subfacility, and (b) no Loans will be made under the Working Capital/Distribution Subfacility.
Clean Down Period. The Borrower will cause the aggregate outstanding principal balance of the Revolver B Loans to be zero for a period of at least fifteen (15) consecutive days during each twelve month period.
Clean Down Period. Prior to the Revolver Maturity Date, there shall be a period of fifteen (15) consecutive days (the “Clean Down Period”) during which (a) there are no Distribution Loans outstanding, and (b) no Distribution Loans will be made.
Clean Down Period. The Borrower, for a period of thirty consecutive days during each Fiscal Year, will make a repayment of the aggregate outstanding principal amount of all Working Capital Loans, if any, in an amount sufficient so as to cause such aggregate outstanding principal amount not to exceed $10,000,000. SECTION 8.2
Clean Down Period. Notwithstanding anything to the contrary in this ------------------ Agreement and commencing with the Fiscal Year beginning October 1, 2001, the Borrower must reduce to and/or maintain at $4,000,000 or less, as the case may be, the aggregate outstanding principal balance of all Working Capital Loans and Swingline Loans for a period of not less than thirty (30) consecutive days during each Clean Down Period.
