Common use of Consolidated Secured Debt Ratio Clause in Contracts

Consolidated Secured Debt Ratio. Commencing on the Issue Date, the Issuer will not permit the Consolidated Secured Debt Ratio as at the last day of each fiscal month for any period set forth below to exceed: Issue Date — March 31, 2013 7.50 : 1.00 April 1, 2013 — March 31, 2014 7.00 : 1.00 April 1, 2014 — March 31, 2015 6.75 : 1.00 April 1, 2015 — and thereafter 6.50 : 1.00

Consolidated Secured Debt Ratio. Commencing on the Issue DateApril 1, 2012, the Issuer will not permit the Consolidated Secured Debt Ratio as at the last day of each fiscal month for any period set forth below to exceed: Issue Date April 1, 2012 — March 31, 2013 7.50 : 1.00 April 1, 2013 — March 31, 2014 7.00 : 1.00 April 1, 2014 — March 31, 2015 6.75 : 1.00 April 1, 2015 — and thereafter 6.50 : 1.00