Common use of Cleandown Clause in Contracts

Cleandown. During the period from March 1 to June 30 of each fiscal year, the Credit Parties shall reduce the aggregate outstanding principal amount of all their Short-Term Debt to $200,000,000 or less for a minimum period of thirty consecutive days.

Appears in 4 contracts

Samples: Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc)

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Cleandown. During the period from March 1 to June 30 of each fiscal year, the Credit Parties shall reduce the aggregate outstanding principal amount of all their Short-Term Debt to $200,000,000 or less for a minimum period of thirty consecutive days.. 42

Appears in 1 contract

Samples: Credit and Guarantee Agreement (H&r Block Inc)

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Cleandown. During the period from March 1 to June 30 of each fiscal year, the The Credit Parties shall reduce the aggregate outstanding principal amount of all their Short-Term Debt to $200,000,000 or less for a minimum period of thirty consecutive days.days during the period from March 1 to June 30 of each fiscal year. Block Financial LLC Credit Agreement

Appears in 1 contract

Samples: Credit and Guarantee Agreement (H&r Block Inc)

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