Common use of Combined Senior Secured Net Leverage Ratio Clause in Contracts

Combined Senior Secured Net Leverage Ratio. The Borrowers will not permit the Combined Senior Secured Net Leverage Ratio as of the last day of any four fiscal quarter period to exceed the ratio set forth opposite such fiscal quarter: Fiscal Quarter Ending Senior Secured Leverage Ratio March 31, 2014 5.5 to 1.00 June 30, 2014 5.5 to 1.00 September 30, 2014 5.5 to 1.00 December 31, 2014 5.5 to 1.00 March 31, 2015 and thereafter 5.0 to 1.00

Combined Senior Secured Net Leverage Ratio. The Borrowers will Credit Parties shall not permit the Combined Senior Secured Net Leverage Ratio as of the last day of any four fiscal quarter Fiscal Quarter period ending on a date set forth below to exceed be greater than the ratio set forth in the table below opposite such fiscal quarterdate: Fiscal Quarter Ending Date Maximum Combined Senior Secured Net Leverage Ratio March 31, 2014 5.5 to 1.00 2018 5.00:1.00 June 30, 2014 5.5 to 1.00 2018 5.00:1.00 September 30, 2014 5.5 to 1.00 2018 5.00:1.00 December 31, 2014 5.5 to 1.00 2018 5.00:1.00 March 31, 2015 2019 4.50:1.00 June 30, 2019 4.50:1.00 September 30, 2019 4.50:1.00 December 31, 2019 4.50:1.00 March 31, 2020 and each fiscal quarter ending thereafter 5.0 to 1.004.00:1.00