Common use of Shutdown Costs Clause in Contracts

Shutdown Costs. The Borrowers shall not incur (a) after the Petition Date, any Plant Shutdown Costs, in cash, in an aggregate amount in excess of $8,500,000, (b) any 2003 Plant Shutdown Costs, in cash, in an aggregate amount in excess of $28,737,000, or (c) any 2004 Plant Shutdown Costs, in cash, in an aggregate amount in excess of $88,000,000.

Appears in 2 contracts

Sources: Post Petition Credit Agreement, Post Petition Credit Agreement (Westpoint Stevens Inc)