Weekly P&L Statement definition
Weekly P&L Statement means, in respect of any week, a statement, in form acceptable to the Creditor Parties, setting forth, for each of the Borrower's fresh meats and processed meats divisions, the income and expenses of the Borrower during such week. Appendix A-18 ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ APPENDIX A ITEM 2.2(B) - ONGOING INDEBTEDNESS: Operating Leases. See Exhibit A to Disclosure Schedule to Exhibit A-2. BALANCE OUTSTANDING @ 8/23/96 Lines of Credit: Combined $94,100,000 ----------- Notes Payable: Corporate: Allstate Unsecured Notes 23,000,000 Corporate: Allstate Life Ins. Unsecured Notes 15,000,000 Principal Mutual Life Unsecured Notes 14,000,000 Great-West Life & Annuity Unsecured Notes 13,500,000 Dixie: Forr▇▇▇ ▇▇▇y Note 1,282,222 --------- Subtotal 160,882,000 ----------- Industrial Revenue Bonds: Corporate: (Branch Banking) 2,400,000 Dixie Plant: (Economic Development Revenue Bond) 2,442,000 Corporate: (Michigan Strategic Fund - Adjustable Rate Demand Limited Obligation Revenue bond, Series 1993) 5,500,000 --------- Subtotal: 10,342,000 ---------- Capital Leases: Corporate 518,744 Fred▇▇▇▇▇ ▇▇▇ision 2,304,521 Smoked Meats division 314,296 Concordia & Shreveport division 93,018 Dixie division 1,913,235 --------- Subtotal 5,143,814 Total Outstanding Indebtedness $176,367,814 ============ Letters of Credit - See Exhibit B to Disclosure Schedule to Exhibit A-2. Disclosure Schedule - 1 45 ITEM 2.3(F) - EXISTING LIENS: DEBT DESCRIPTION OF COLLATERAL AMOUNT OF LOCATION REFERENCE O/S DEBT Industrial Revenue Bonds: Corporate Branch Banking Carolina manufacturing facility $2,400,000 Dixie division Dixie facility $2,442,000 Mich. Strat. Fund. Grand Rapids $5,500,000 Capital Leases: Corporate, Fred▇▇▇▇▇, ▇▇oked Meats, Concordia, Various machinery and $5,143,814 Shreveport and Dixie divisions. equipment located at the company's various divisions and subsidiaries All other Liens existing as of the Effective Date and permitted under Section 1.8 of Exhibit A-2.