Common use of Cleanup Period Clause in Contracts

Cleanup Period. The Borrower will not permit any calendar year to pass without there being a period of at least 5 consecutive Business Days in such calendar year during which the Borrower has no Advances outstanding.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Frontier Oil Corp /New/), Revolving Credit Agreement (Frontier Oil Corp /New/), Revolving Credit Agreement (Frontier Oil Corp /New/)

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Cleanup Period. The Borrower will not permit any calendar year to pass without there being a period of at least 5 consecutive Business Days in such calendar year during which the Borrower either (a) has no Advances outstandingoutstanding or (b) to the extent any Advances are outstanding during such period, maintains an amount equal to the aggregate principal amount of such Advances in the "Control Account" (as defined in the Security Agreement).

Appears in 1 contract

Samples: Revolving Credit Agreement (Frontier Oil Corp /New/)

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Cleanup Period. The Borrower will not permit any calendar year to pass without there being a period of at least 5 60 consecutive Business Days days in such calendar year during which the Borrower has no Advances outstanding.

Appears in 1 contract

Samples: Revolving Credit Agreement (THQ Inc)

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