Cleandown. The Company shall ensure that the aggregate of the Base Currency Amounts of:
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.
Cleandown. The Credit Parties shall reduce the aggregate outstanding principal amount of all Short-Term Debt to $200,000,000 or less for a minimum period of thirty consecutive days during the period from March 1 to June 30 of each fiscal year (other than for the period from March 1, 2008 to June 30, 2008 if the OOMC Disposition has not been consummated on or prior to April 30, 2008, in which case the Credit Parties shall reduce the aggregate outstanding principal amount of all Short-Term Debt to $700,000,000 or less for a minimum period of thirty consecutive days during the period from March 1 to May 31, 2008).”
Cleandown. Notwithstanding any other provision of this Agreement, TCN shall procure that (other than in respect of any Ancillary Facility Outstandings or Documentary Credits) Revolving Facility Outstandings are reduced to zero for a period of at least 5 consecutive Business Days in each annual period during which the Revolving Facility is available for drawing under this Agreement.
Cleandown. The Company shall ensure that for a period of not less than 10 successive Business Days in each of its financial years there are no outstanding Facility C Loans.
Cleandown. The Borrower shall from time to time arrange the Loans and shall repay to the Lenders from time to time the outstanding Loans and other Obligations such that during the term of this Agreement for at least once during each twelve-month period commencing on the Closing Date for a period of at least ten (10) consecutive Business Days (each such period, a “Cleandown Period”) the Outstanding Amount with respect to Loans shall be no greater than U.S.$1,000,000 (the “Cleandown Maximum Amount”). For the avoidance of doubt, for purposes of determining the Outstanding Amount with respect to the Borrower’s compliance with the Cleandown Maximum Amount, the Borrower’s L/C Obligations and Outstanding Amounts with respect to undrawn Letters of Credit shall not be counted towards the Clean Down Maximum Amount.
Cleandown. Notwithstanding anything to the contrary in this Agreement, prior to the Revolving Credit Termination Date, Borrower must reduce the aggregate outstanding principal balance of all Revolving Credit Loans to zero and maintain a zero balance for a period of not less than thirty (30) consecutive days (the “Cleandown”). If Borrower has not completed the Cleandown at least thirty (30) days prior to the Revolving Credit Termination Date, the Revolving Credit Commitment shall be reduced to zero on the thirtieth (30th) day prior to the Revolving Credit Termination Date.
Cleandown. (a) The Borrower shall reduce the aggregate principal amount of all Loans outstanding to $30,000,000 or less for a period of thirty consecutive days between November 1 of each year and April 30 of the following year (the "Borrower Cleandown") and shall provide a notice of such reduction as required by SECTION 2.15(B). If, as of April 1 of any year, a Borrower Cleandown has not been completed in the five months immediately preceding such date, the Commitments of the Banks shall be reduced pro rata so that the aggregate amount of all Commitments is reduced to $30,000,000 as of such date, and such reduction shall continue through April 30 of such year (the "Bank Cleandown"). However, in the event that as of any April 1 a Borrower Cleandown has begun and is continuing, but has not continued for a consecutive thirty day period, then the Bank Cleandown shall terminate once the Borrower Cleandown has continued for thirty consecutive days. On completion of each Bank Cleandown, the Commitments shall be restored to the levels that existed as of the March 31 immediately preceding such Bank Cleandown.
Cleandown. Following a Collateral Release Date, the Borrowers shall, for a period of forty-five consecutive days between November 1 and February 28 of each fiscal year of the Borrowers following such release, reduce the outstanding Loans to an amount not in excess of $50,000,000.
Cleandown. Notwithstanding any other provision of this Agreement, the Borrower shall procure that (other than in respect of any Ancillary Facility Outstandings or Documentary Credits) Revolving Facility Outstandings are reduced to zero for a period of at least 5 consecutive Business Days in each annual period during which the Revolving Facility is available for drawing under this Agreement.
