Common use of Consolidated Total Debt to Consolidated EBITDA Clause in Contracts

Consolidated Total Debt to Consolidated EBITDA. The U.S. Borrower will not permit, as at the end of each Fiscal Quarter, the ratio of Consolidated Total Debt as at the end of such Fiscal Quarter to Consolidated EBITDA for the Rolling Period then ended, to exceed 3.50:1.00 in respect of any Fiscal Quarter ending after the Closing Date and prior to the completion of an IPO, or to exceed 2.50:1.00 in respect of any Fiscal Quarter ending after an IPO.

Consolidated Total Debt to Consolidated EBITDA. The U.S. Parent Borrower will not permit, as at the end of each Fiscal Quarter, the ratio of Consolidated Total Debt as at the end of such Fiscal Quarter to Consolidated EBITDA for the Rolling Period then ended, to exceed 3.50:1.00 in respect of any Fiscal Quarter ending after the Closing Date and prior to the completion of an IPO, or to exceed 2.50:1.00 in respect of any Fiscal Quarter ending after an IPO3.00:1.00.

Consolidated Total Debt to Consolidated EBITDA. The U.S. Parent Borrower will not permit, as at the end of each Fiscal Quarter, the ratio of Consolidated Total Debt as at the end of such Fiscal Quarter to Consolidated EBITDA for the Rolling Period then ended, to exceed 3.50:1.00 in respect of any Fiscal Quarter ending after the Closing Date and prior to the completion of an IPO, or to exceed 2.50:1.00 in respect of any Fiscal Quarter ending after an IPOQuarter.

Consolidated Total Debt to Consolidated EBITDA. The U.S. Borrower will not permit, as at the end of each Fiscal Quarter, the ratio of Consolidated Total Debt as at the end of such Fiscal Quarter to Consolidated EBITDA for the Rolling Period then ended, to exceed 3.50:1.00 in respect of any Fiscal Quarter ending after the Closing Date and prior to the completion of an IPO, or to exceed 2.50:1.00 in respect of any Fiscal Quarter ending after an IPO3.00:1.00.