SECTION 819 LIMITATIONS ON WORKING CAPITAL

SECTION 819 LIMITATIONS ON WORKING CAPITAL. Permit, at the last day of any fiscal month, the aggregate amount of the accounts payable of the Borrower and its Domestic Subsidiaries owing to third-party vendors to be less than $70,000,000, PROVIDED that such $70,000,000 shall be reduced from and after the Disposition of any Domestic Subsidiary or any product line or unit of any business owned by the Borrower or any Domestic Subsidiary to be an amount equal to the product of $70,000,000... (or, as the case maybe, the amount to which such $70,000,000 may have been previously reduced pursuant to this provisio) times the ratio of the aggregate of such accounts payable of the Borrower and its Domestic Subsidiaries after giving effect to such Disposition to the aggregate amount thereof immediately prior to such Disposition, so long as the Borrower shall have given notice to the Administrative Agent and the Lenders of such Disposition, which notice shall show the calculation of such reduction in reasonable detail. View More