Common use of Cleandown Period Clause in Contracts

Cleandown Period. Notwithstanding anything to the contrary in this Agreement and commencing with the Fiscal Year beginning October 1, 2009, the Borrower must reduce to and/or maintain at $10,000,000 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 Cleandown Period.

Appears in 3 contracts

Samples: And Restatement Agreement (Inergy L P), Assignment and Assumption (Inergy L P), Assignment and Assumption (Inergy Holdings, L.P.)

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Cleandown Period. Notwithstanding anything to the contrary in this Agreement and commencing with the Fiscal Year beginning October 1, 20092004, the Borrower must reduce to and/or maintain at $10,000,000 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 Cleandown Period.

Appears in 1 contract

Samples: Credit Agreement (Inergy L P)

Cleandown Period. Notwithstanding anything to the contrary in this Agreement and commencing with the Fiscal Year beginning October 1, 20092003, the Borrower must reduce to and/or maintain at $10,000,000 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 Cleandown Period.

Appears in 1 contract

Samples: Credit Agreement (Inergy L P)

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Cleandown Period. Notwithstanding anything to the contrary in this Agreement and commencing with the Fiscal Year beginning October 1, 20092004, the Borrower must reduce to and/or maintain at $10,000,000 5,000,000 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 Cleandown Period.

Appears in 1 contract

Samples: Credit Agreement (Inergy L P)

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