Common use of Net Debt Clause in Contracts

Net Debt. The Company shall procure that the Consolidated Net Indebtedness is not on each Testing Date greater than: (a) €3,850,000,000 on the Testing Date falling on 31st December, 2003; and (b) €4,050,000,000 on the Testing Date falling on 31st March, 2004.

Appears in 2 contracts

Sources: Secured Coordination Agreement (Rhodia), Secured Coordination Agreement (Rhodia)