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 2008, 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 20082007, 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 2008, 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 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 2008, and (ii) during each twelve (12) month period commencing on the Effective Dateyear.
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Samples: Credit Agreement (Valero L P)
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 20082011, 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 20082007, and (ii) during each twelve (12) month period commencing on the Effective Date.
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