Consolidated Net Leverage Ratio. The Borrower shall not permit the Consolidated Net Leverage Ratio as of the end of any Fiscal Quarter (commencing as of the end of the first full Fiscal Quarter after the Closing Date) of the Borrower to be greater than (i) as of the end of any Fiscal Quarter during a Collateral Suspension Period, 3.50 to 1.00 and (ii) as of the end of any Fiscal Quarter during any other period the applicable ratio set forth below:
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Samples: Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.)
Consolidated Net Leverage Ratio. The Borrower shall will not permit the Consolidated Net Leverage Ratio as of the end of any Fiscal Quarter (commencing as of fiscal quarter during any period set forth in the end of the first full Fiscal Quarter after the Closing Date) of the Borrower following table to be greater than (i) as of the end of any Fiscal Quarter during a Collateral Suspension Period, 3.50 to 1.00 and (ii) as of the end of any Fiscal Quarter during any other period the applicable ratio set forth below:therein with respect to such period: DecemberMarch 31, 20232025 and thereafter 3.00 to 1.00
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