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.
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Samples: Credit Agreement (Markwest Energy Partners L P), Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Energy Partners L P)
Clean Down Period. During each calendar year during the term of this Agreement, the Borrower shall cause there shall to be a period of fifteen ten (1510) consecutive days (the “Clean Down Period”) during which (a) there are no Distribution Loans outstanding, Borrowings outstanding and (b) no Distribution Loans will Borrowings shall be made.
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Samples: Credit Agreement (Linn Energy, LLC), Credit Agreement (Linn Energy, LLC), Credit Agreement (Linn Energy, LLC)
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, outstanding and (b) no Distribution Loans will be made.
Appears in 2 contracts
Samples: Revolving Credit Agreement (EnLink Midstream, LLC), Revolving Credit Agreement (EnLink Midstream, LLC)
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, outstanding and (b) no Distribution Distributions Loans will be made.
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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, outstanding and (b) no Distribution Distributions Loans will be made.
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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 mademade .
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Samples: Credit and Guaranty Agreement (Eagle Rock Energy Partners, L.P.)
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, outstanding and (b) no Distribution Distributions Loans will be made.
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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 Working Capital/Distribution Loans outstanding, and (b) no Working Capital/Distribution Loans will be made.
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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, outstanding and (b) no Distribution Distributions Loans will be made.
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