Common use of Zero Balance Clause in Contracts

Zero Balance. Borrower shall cause the outstanding principal balance of the Loans to be $0 for at least 15 consecutive days during each consecutive 12 month period following the Closing Date.

Zero Balance. The Borrower shall cause the outstanding principal balance of the Loans to be $0 for at least 15 consecutive days during each consecutive 12 month period following the Closing Agreement Date.