Common use of Consolidated Total Debt Ratio Clause in Contracts

Consolidated Total Debt Ratio. The Consolidated Total Debt Ratio at each Calculation Date shall be no greater than (i) 4.0 to 1.0 through and including September 30, 1999 and (ii) 3.75 to 1.0 at each Calculation Date thereafter.

Consolidated Total Debt Ratio. The Consolidated Total Debt Ratio at the Closing Date and at each Calculation Date thereafter shall be no greater than (i) 4.0 3.5 to 1.0 for the fiscal quarter ending March 31, 2003 and each Calculation Date through and including September 30, 1999 and 2004; (ii) 3.75 3.25 to 1.0 for each Calculation Date from December 31, 2004 through September 30, 2005; and (iii) 3.0 to 1.0 at each Calculation Date thereafter.

Consolidated Total Debt Ratio. The Consolidated Total Debt Ratio at each Calculation Date shall be no greater than (i) 4.0 3.25 to 1.0 through and including on September 30, 1999 2002, December 31, 2002, March 31, 2003; and (ii) 3.75 3.0 to 1.0 at on June 30, 2003 and on each Calculation Date thereafter." (e) Section 8.6 is amended to read as follows:

Consolidated Total Debt Ratio. The Consolidated Total Debt Ratio at each Calculation Date shall be no greater than (i) 4.0 to 1.0 through and including September 30December 31, 1999 1997 and (ii) 3.75 3.0 to 1.0 at each Calculation Date thereafter." 6. A new Section 7.11(e) is added to the Credit Agreement to read as follows:

Consolidated Total Debt Ratio. The Consolidated Total Debt Ratio at each Calculation Date shall be no greater than (i) 4.25 to 1.0 on March 31, 1999, June 30, 1999, and September 30, 1999; (ii) 4.0 to 1.0 through on December 31, 1999, March 31, 2000, June 30, 2000 and including September 30, 1999 2000; (iii) 3.75 to 1.0 on December 31, 2000, March 31, 2001, June 30, 2001 and September 30, 2001 and (iiiv) 3.75 3.5 to 1.0 at each Calculation Date thereafter.