Common use of Combined Senior Secured Leverage Ratio Clause in Contracts

Combined Senior Secured Leverage Ratio. Permit the Combined Senior Secured Leverage Ratio (1) as of the end of any fiscal quarter ending prior to a Covenant Reduction Date to be greater than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ending (assuming Covenant Reduction Date has not occurred) Combined Senior Secured Leverage Ratio March 31, 2012 and June 30, 2012 3.50:1.00 September 30, 2012 3.25:1.00 December 31, 2012 3.00:1.00 March 31, 2013 and each fiscal quarter ending thereafter 2.75:1.00 and (2) as of the end of any fiscal quarter ending from the occurrence of the Covenant Reduction Date and each fiscal quarter ending thereafter to be greater than 2.75:1.00.

Combined Senior Secured Leverage Ratio. Permit the Combined Senior Secured Leverage Ratio (1) as of the end of any fiscal quarter ending prior to a Covenant Reduction Date to be greater than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ending (assuming Covenant Reduction Date has not occurred) Combined Senior Secured Leverage Ratio March 31, 2012 and 2013, June 30, 2012 3.50:1.00 2013, September 30, 2012 3.25:1.00 2013 and December 31, 2012 3.00:1.00 2013 3.50:1.00 March 31, 2013 2014 3.25:1.00 June 30, 2014 3.00:1.00 September 30, 2014 and each fiscal quarter ending thereafter 2.75:1.00 and (2) as of the end of any fiscal quarter ending from the occurrence of the Covenant Reduction Date and each fiscal quarter ending thereafter to be greater than 2.75:1.00.

Combined Senior Secured Leverage Ratio. Permit the Combined Senior Secured Leverage Ratio (1) as of the end of any fiscal quarter ending prior to a Covenant Reduction Date to be greater than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ending (assuming Covenant Reduction Date has not occurred) Combined Senior Secured Leverage Ratio March 31, 2012 2013 and June 30, 2012 2013 3.50:1.00 September 30, 2012 2013 3.25:1.00 December 31, 2012 2013 3.00:1.00 March 31, 2013 2014 and each fiscal quarter ending thereafter 2.75:1.00 and (2) as of the end of any fiscal quarter ending from the occurrence of the Covenant Reduction Date and each fiscal quarter ending thereafter to be greater than 2.75:1.00.

Combined Senior Secured Leverage Ratio. Permit the Combined Senior Secured Leverage Ratio (1) as of the end of any fiscal quarter ending prior to a Covenant Reduction Date to be greater than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ending (assuming Covenant Reduction Date has not occurred) Combined Senior Secured Leverage Ratio March 31, 2012 and June 30, 2012 3.50:1.00 September 30, 2012 3.25:1.00 December 31, 2012 3.00:1.00 March 31, 2013 and each fiscal quarter ending thereafter 2.75:1.00 and (2) as of the end of any fiscal quarter ending from the occurrence of the Covenant Reduction Date and each fiscal quarter ending thereafter to be greater than 2.75:1.00.