Common use of Consolidated Senior Secured Leverage Ratio Clause in Contracts

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of the Borrower ending prior to June 30, 2015, (ii) 3.75:1.0 as of the end of any fiscal quarter of the Borrower ending on or after June 30, 2015 but prior to December 31, 2016, and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 2016.

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 Ratio, as of the end of any fiscal quarter of the Borrower Borrower, commencing with the fiscal quarter ending December 31, 2024, to be greater than (a) for each such fiscal quarter ending on or prior to June 30, 20152025, 2.75 to 1.00 and (iib) 3.75:1.0 as of the end of any for each fiscal quarter of the Borrower ending on or after June 30thereafter, 2015 but prior 2.50 to December 31, 2016, and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 20161.00.

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of the Borrower ending (i) after the Closing Date and at or prior to June 30, 2015the end of the third fiscal quarter for the 2014 fiscal year to be greater than 4.00:1.00, (ii) 3.75:1.0 as of after the third fiscal quarter for the 2014 fiscal year and at or prior to the end of any the third fiscal quarter of for the Borrower ending on or after June 30, 2015 but prior fiscal year to December 31, 2016, be greater than 3.75:1.00 and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 2016thereafter to be greater than 3.50:1.00.

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of the Borrower ending prior to June 30, 2015, Company (iii) 3.75:1.0 as of the end of any fiscal quarter of the Borrower ending ended on or after June September 30, 2015 but 2010 and on or prior to December 31, 2016, 2012 to be greater than 3.0 to 1.0 and (iiiii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending ended on or after December March 31, 20162013 to be greater than 2.75 to 1.0.

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of the Borrower ending (i) after the Original Closing Date and at or prior to June 30, 2015the end of the third fiscal quarter for the 2014 fiscal year to be greater than 4.00:1.00, (ii) 3.75:1.0 as of after the third fiscal quarter for the 2014 fiscal year and at or prior to the end of any the third fiscal quarter of for the Borrower ending on or after June 30, 2015 but prior fiscal year to December 31, 2016, be greater than 3.75:1.00 and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 2016thereafter to be greater than 3.50:1.00.

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of to be greater than the Borrower ending prior to June 30, 2015, (ii) 3.75:1.0 as of the end of any ratio set forth below opposite such fiscal quarter of the Borrower ending on or after quarter3.25:1.00. Closing Date through June 30, 2015 but prior to December 313.25:1.00 September 30, 2016, 2015 and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 2016.thereafter 3.00:1.00

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of to be greater than the Borrower ending prior to June 30, 2015, (ii) 3.75:1.0 as of the end of any ratio set forth below opposite such fiscal quarter of the Borrower ending on or after quarter: Closing Date through June 30, 2015 but prior to December 313.25:1.00 September 30, 2016, 2015 and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 2016.thereafter 3.00:1.00

Consolidated Senior Secured Leverage Ratio. Permit the The Consolidated Senior Secured Leverage Ratio to be greater than for the twelve (i12) 4.0:1.0 month period ending as of the end of any each fiscal quarter of end shall be less than or equal to (a) at all times from the Borrower ending prior to June Closing Date through and including the fiscal quarter ended on or around September 30, 20152009, (ii) 3.75:1.0 as of the end of any fiscal quarter of the Borrower ending on or after June 30, 2015 but prior 3.00 to December 31, 2016, 1.00 and (iiib) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31at all times thereafter, 20162.75 to 1.00.

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of the Borrower ending prior to June 30, 2015, Company (iii) 3.75:1.0 as of the end of any fiscal quarter of the Borrower ending ended on or after June 30, 2015 but the Closing Date and on or prior to December March 31, 2016, to be greater than 3.0 to 1.0 and (iiiii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending ended on or after December 31April 1, 2016, to be greater than 2.75 to 1.0.

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of the Borrower ending prior to June 30Borrower, 2015, (ii) 3.75:1.0 as of commencing with the end of any first fiscal quarter of ending after the Borrower ending on or after June 30Funding Date, 2015 but prior to December 31, 2016, and (iii) 3.5:1.0 as of be greater than the end of any ratio corresponding to such fiscal quarter of in the Borrower table below. First, Second, Third and Fourth fiscal quarters ending on or after December 31the Funding Date 2.50:1.0 Fifth, 2016.Sixth, Seventh and Eighth fiscal quarters ending after the Funding Date 2.25:1.0

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of the Borrower to be greater than the following amount for each of the following corresponding periods: From the fiscal quarter ending prior to June September 30, 20152009, (ii) 3.75:1.0 as of through and including the end of any fiscal quarter of the Borrower ending on or after June September 30, 2015 but prior 2010 2.50 to December 31, 2016, and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 2016.1.00 Thereafter 2.00 to 1.00

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of the Borrower ending prior to June 30Borrower, 2015, (ii) 3.75:1.0 as of commencing with the end of any fiscal quarter of the Borrower ending on or after June 30, 2015 but prior to December 31, 20162010, and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 2016to be greater than 3.0:1.0.

Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of to be greater than the Borrower ending prior to June 30, 2015, (ii) 3.75:1.0 as of the end of any ratio set forth below opposite such fiscal quarter of the Borrower ending on or after quarter: Closing Date through June 30, 2015 but prior to December 313.00:1.00 September 30, 2016, 2015 and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 2016.thereafter 2.75:1.00