Common use of Consolidated First Lien Net Leverage Ratio Clause in Contracts

Consolidated First Lien Net Leverage Ratio. Each of the Parent and the Borrower will not, as of the last day of any fiscal quarter of the Parent, commencing with the third full fiscal quarter ending after the Effective Date, permit the Consolidated First Lien Net Leverage Ratio to be greater than the ratio listed below corresponding to the period during which such fiscal quarter ends: Period Consolidated First Lien Net Leverage Ratio July 1, 2018 through December 31, 2018 4.75:1.00 January 1, 2019 through December 31, 2019 4.50:1.00 January 1, 2020 through September 30, 2020 4.25:1.00 Thereafter 4.00:1.00

Consolidated First Lien Net Leverage Ratio. Each of the Parent and the Borrower will not, as of the last day of any fiscal quarter of the Parent, commencing with the third full fiscal quarter ending after the Effective Date, permit Permit the Consolidated First Lien Net Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower ending with any fiscal quarter set forth below to be greater than exceed the ratio listed set forth below corresponding to the period during which opposite such fiscal quarter endsquarter: Period Fiscal Quarter Ending Consolidated First Lien Net Leverage Ratio July 1March 31, 2018 2016 through March 31, 2017 3.25:1.00 June 30, 2017 through December 31, 2018 4.75:1.00 January 13.65:1.00 March 31, 2019 through December 31, 2019 4.50:1.00 January 1June 30, 2020 through 3.25:1.00 September 30, 2020 4.25:1.00 Thereafter 4.00:1.00and thereafter 2.75:1.00

Consolidated First Lien Net Leverage Ratio. Each of the Parent and the Borrower will not, as of the last day of any fiscal quarter of the Parent, commencing with the third full fiscal quarter ending after the Effective Date, permit Permit the Consolidated First Lien Net Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower ending with any fiscal quarter set forth below to be greater than exceed the ratio listed set forth below corresponding to the period during which opposite such fiscal quarter endsquarter: Period Fiscal Quarter Ending Consolidated First Lien Net Leverage Ratio July 1March 31, 2016 through June 30, 2018 3.25:1.00 September 30, 2018 through December 31, 2018 4.75:1.00 January 1, 2019 through December 3.00:1.00 March 31, 2019 4.50:1.00 January 1, 2020 through September 30, 2020 4.25:1.00 Thereafter 4.00:1.00and thereafter 2.50:1.00

Consolidated First Lien Net Leverage Ratio. Each of the Parent and the Borrower will not, as of the last day of any fiscal quarter of the Parent, commencing with the third full fiscal quarter ending after the Effective Date, permit Permit the Consolidated First Lien Net Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower ending with any fiscal quarter set forth below to be greater than exceed the ratio listed set forth below corresponding to the period during which opposite such fiscal quarter endsquarter: Period Fiscal Quarter Ending Consolidated First Lien Net Leverage Ratio July 1September 30, 2014 through September 30, 2016 2.75:1.00 December 31, 2016 through September 30, 2017 2.50:1.00 December 31, 2017 through September 30, 2018 through 2.25:1.00 December 31, 2018 4.75:1.00 January 1, 2019 through December 31, 2019 4.50:1.00 January 1, 2020 through September 30, 2020 4.25:1.00 Thereafter 4.00:1.00and thereafter 2.00:1.00