Common use of Paydown Period Clause in Contracts

Paydown Period. To reduce the amount of advances outstanding under this Agreement to zero for a period of at least 30 consecutive days in each line-year. "Line-year" means the period between the date of this Agreement and February 1, 2001, and each subsequent one-year period (if any).

Paydown Period. To reduce the amount of advances outstanding under this Agreement Facility No. 1 to zero for a period of at least 30 consecutive days in each line-year. "Line-year" means the period between the date of this Agreement and February 1June 30, 20012000, and each subsequent one-year period (if any).

Paydown Period. To reduce the amount of advances outstanding under this Agreement to zero ($0.00) for a period of at least 30 thirty (30) consecutive days in each line-year. "Line-year" means the period between the date of this Agreement and February July 1, 2001, and each subsequent one-year period (if any).

Paydown Period. To reduce the amount of advances outstanding under this Agreement to zero to[ zero] for a period of at least 30 consecutive days in each line-line- year. "Line-year" means the period between the date of this Agreement and February October 1, 20012000, and each subsequent one-year period (if any). For the purposes of this paragraph, "advances" does not include undrawn amounts of outstanding letters of credit.

Paydown Period. To reduce the amount of advances outstanding under this Agreement to zero for a period of at least 30 consecutive days in each line-line- year. "Line-year" means the period between the date of this Agreement and February July 1, 20012002, and each subsequent one-year period (if any). For the purposes of this paragraph, "advances" does not include undrawn amounts of outstanding letters of credit.

Paydown Period. To reduce the amount of advances outstanding under this Agreement to zero for a period of at least 30 consecutive days in each line-year. "'Line-year" ' means the period between the date of this Agreement Amendment and February 1August 31, 2001, and each subsequent one-year period (if any)."

Paydown Period. To reduce the amount of advances outstanding under this Agreement to zero for a period of at least 30 consecutive days in each line-line- year. "Line-year" means the period between the date of this Agreement and February May 1, 2001, and each subsequent one-year period (if any). For the purposes of this paragraph, "advances" does not include undrawn amounts of outstanding letters of credit.