Common use of Consolidated Funded Debt Clause in Contracts

Consolidated Funded Debt. Except for each fiscal quarter end occurring during the Suspension Period, the Company shall not permit Consolidated Funded Debt, determined as of the end of each fiscal quarter of the Company, to exceed 400% of Consolidated EBITDA for the period of four (4) consecutive fiscal quarters of the Company ended at such time.

Appears in 4 contracts

Samples: Smithfield Foods Inc, Smithfield Foods Inc, Smithfield Foods Inc

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Consolidated Funded Debt. Except for each fiscal quarter end occurring during the Suspension Period, the The Company shall not permit Consolidated Funded Debt, determined as of the end of each fiscal quarter of the Company, to exceed 400% the Applicable Funded Debt Percentage of Consolidated EBITDA for the period of four (4) consecutive fiscal quarters of the Company ended at such time.

Appears in 4 contracts

Samples: Smithfield Foods Inc, Smithfield Foods Inc, Smithfield Foods Inc

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Consolidated Funded Debt. Except for each fiscal quarter end occurring during the Suspension Period, the The Company shall not permit Consolidated Funded Debt, determined as of the end of each fiscal quarter of the Company, to exceed four hundred percent (400% %) of Consolidated EBITDA for the period of four (4) consecutive fiscal quarters of the Company ended at such time.

Appears in 3 contracts

Samples: Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc)

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