Common use of EBITDA to Fixed Charges Clause in Contracts

EBITDA to Fixed Charges. The Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.5 to 1.0 for any period of four consecutive fiscal quarters, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,

EBITDA to Fixed Charges. The Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.5 1.25 to 1.0 for any period of four consecutive two fiscal quartersquarters annualized, calculated as of the end of each fiscal quarter through quarter. Notwithstanding the foregoing, extraordinary gains and including losses shall not be annualized for purposes of the fiscal quarter ending March 31,foregoing calculations if, and to the extent, approved by Agent in its reasonable discretion.”

EBITDA to Fixed Charges. The Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.5 1.35 to 1.0 for any period of four consecutive two fiscal quartersquarters annualized, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,

EBITDA to Fixed Charges. The Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.35 to 1.0 for any period of two fiscal quarters annualized, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending June 30, 2005. Beginning with the fiscal quarter ending September 30, 2005, the Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.5 to 1.0 for any period of four consecutive two fiscal quartersquarters annualized, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,quarter.

EBITDA to Fixed Charges. The Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.5 1.75 to 1.0 for any period of four consecutive fiscal quarters, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,quarter.

EBITDA to Fixed Charges. The Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.5 1.35 to 1.0 for any period of four consecutive two fiscal quartersquarters annualized, calculated as of the end of each fiscal quarter through quarter. Notwithstanding the foregoing, extraordinary gains and including losses shall not be annualized for purposes of the fiscal quarter ending March 31,foregoing calculations if, and to the extent, approved by Agent in its reasonable discretion."

EBITDA to Fixed Charges. The Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.5 1.6 to 1.0 for any period of four consecutive fiscal quarters, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,quarter. 10.

EBITDA to Fixed Charges. The Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.5 1.35 to 1.0 for any period of four consecutive two fiscal quartersquarters annualized, calculated as of the end of each fiscal quarter through quarter. Notwithstanding the foregoing, extraordinary gains and including losses shall not be annualized for purposes of the fiscal quarter ending March 31,foregoing calculations if, and to the extent, approved by Agent in its reasonable discretion.

EBITDA to Fixed Charges. The Borrower will not permit the ratio of its EBITDA to Fixed Charges to be less than 1.5 to 1.0 for any period of four consecutive fiscal quarters, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,quarter.