Common use of Consolidated Senior Debt Ratio Clause in Contracts

Consolidated Senior Debt Ratio. Commencing with the last day of the first full fiscal quarter commencing after the Closing Date, permit the Consolidated Senior Debt 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 exceed the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Consolidated Senior Debt Ratio March 31, 2004 2.55:1.00 June 30, 2004 2.50:1.00 September 30, 2004 2.35:1.00 December 31, 2004 2.05:1.00 March 31, 2005 1.90:1.00 June 30, 2005 1.75:1.00 September 30, 2005 1.65:1.00 December 31, 2005 1.50:1.00 March 31, 2006 1.50:1.00 June 30, 2006 1.50:1.00 September 30, 2006 1.25:1.00 December 31, 2006 1.25:1.00 March 31, 2007 1.25:1.00 June 30, 2007 1.25:1.00 September 30, 2007 1.25:1.00 December 31, 2007 1.25:1.00 March 31, 2008 1.25:1.00 June 30, 2008 1.25:1.00 September 30, 2008 1.25:1.00 December 31, 2008 1.25:1.00 March 31, 2009 1.25:1.00 June 30, 2009 1.25:1.00 September 30, 2009 1.25:1.00 December 31, 2009 1.25:1.00 March 31, 2010 1.25:1.00 June 30, 2010 1.25:1.00 September 30, 2010 1.25:1.00 December 31, 2010 1.25:1.00

Consolidated Senior Debt Ratio. Commencing with the last day of the first full fiscal quarter commencing after the Closing Date, permit Permit the Consolidated Senior Debt 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 exceed the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Consolidated Senior Debt Ratio March 31, 2004 2.55:1.00 June 30, 2004 2.50:1.00 September 30, 2004 2.35:1.00 December 31, 2004 2.05:1.00 3.50 to 1.00 March 31, 2005 1.90:1.00 3.50 to 1.00 June 30, 2005 1.75:1.00 3.40 to 1.00 September 30, 2005 1.65:1.00 3.25 to 1.00 December 31, 2005 1.50:1.00 3.00 to 1.00 March 31, 2006 1.50:1.00 3.00 to 1.00 June 30, 2006 1.50:1.00 2.90 to 1.00 September 30, 2006 1.25:1.00 2.80 to 1.00 December 31, 2006 1.25:1.00 2.75 to 1.00 March 31, 2007 1.25:1.00 2.75 to 1.00 June 30, 2007 1.25:1.00 2.75 to 1.00 September 30, 2007 1.25:1.00 2.50 to 1.00 December 31, 2007 1.25:1.00 2.50 to 1.00 March 31, 2008 1.25:1.00 2.50 to 1.00 June 30, 2008 1.25:1.00 2.50 to 1.00 September 30, 2008 1.25:1.00 2.25 to 1.00 December 31, 2008 1.25:1.00 2.25 to 1.00 March 31, 2009 1.25:1.00 2.25 to 1.00 June 30, 2009 1.25:1.00 2.25 to 1.00 September 30, 2009 1.25:1.00 2.00 to 1.00 December 31, 2009 1.25:1.00 2.00 to 1.00 March 31, 2010 1.25:1.00 2.00 to 1.00 June 30, 2010 1.25:1.00 September 30, 2010 1.25:1.00 December 31, 2010 1.25:1.002.00 to 1.00