Clean Down. The Borrower will cause the aggregate outstanding principal balance of the Working Capital Revolving Loans which constitute “Working Capital Borrowings” under and as defined in the Parent LP Agreement, to be zero for a period of at least 15 consecutive days (i) during each calendar year commencing in 2011, and (ii) during each twelve (12) month period commencing on the Effective Date.
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Clean Down. The Borrower will shall cause the aggregate outstanding principal balance amount of the Working Capital Revolving Credit Loans which constitute “Working Capital Borrowings” under and as defined in the Parent LP Agreement, to be zero at all times for a period of at least 15 one consecutive days (i) during thirty day period from and including April 1 until and including June 30 of each calendar year commencing in 2011, and (ii) during each twelve (12) month period commencing on the Effective Dateyear.
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Sources: Credit Agreement (Navarre Corp /Mn/)
Clean Down. The Borrower will cause the aggregate outstanding principal balance of the Working Capital Revolving Loans which constitute “Working Capital Borrowings” under and as defined in the Parent LP Agreement, to be zero for a period of at least 15 consecutive days (i) during each calendar year commencing in 2011, and (ii) during each twelve (12) month period commencing on the Effective Dateyear.
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Clean Down. The Borrower will cause the aggregate outstanding principal balance of the Working Capital Revolving Loans which constitute “"Working Capital Borrowings” " under and as defined in the Parent LP Agreement, to be zero for a period of at least 15 consecutive days (i) during each calendar year commencing in 20112007, and (ii) during each twelve (12) month period commencing on the Effective Date.
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Clean Down. The Borrower will cause the aggregate outstanding principal balance of the Working Capital Revolving Loans which constitute “Working Capital Borrowings” under and as defined in the Parent LP Agreement, to be zero for a period of at least 15 consecutive days (i) during each calendar year commencing in 20112007, and (ii) during each twelve (12) month period commencing on the Effective Date.
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Clean Down. The Borrower will cause the aggregate outstanding principal balance of the Working Capital Revolving Loans which constitute “Working Capital Borrowings” under and as defined in the Parent LP Agreement, to be zero for a period of at least 15 consecutive days (i) during each calendar year commencing in 20112008, and (ii) during each twelve (12) month period commencing on the Effective Date.
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Clean Down. The Borrower will cause the aggregate outstanding principal balance of the Working Capital Revolving Loans Loans, the proceeds of which constitute “Working Capital Borrowings” under and as defined in the Parent LP Agreementwere used to pay Restricted Payments, to be zero for a period of at least 15 consecutive days (i) during each calendar year commencing in 2011, and (ii) during each twelve (12) month period commencing on the Effective Dateyear.
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Sources: Credit Agreement (Valero L P)