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Lines of Credit
9 Months Ended
Sep. 27, 2019
Debt Disclosure [Abstract]  
Lines of Credit

NOTE 6 – LINES OF CREDIT

 

In addition to the lines of credit disclosed in Part II, Item 8 – Financial Statements and Supplementary Data – Note 7 of the Partnership's Annual Report, the Partnership entered into a new uncommitted line of credit in September 2019.  The amount available on the line of credit and the associated collateral requirements are at the bank's discretion upon the event of a borrowing.

 

There were no amounts outstanding on the uncommitted line of credit as of September 27, 2019.  In addition, the Partnership did not have any draws against the line of credit during the period ended September 27, 2019. For the purpose of periodically testing draw procedures, the Partnership made an overnight draw on the uncommitted facility in September 2019.