Common use of Funded Debt Ratio Clause in Contracts

Funded Debt Ratio. Maintain, as of the last day of each fiscal quarter, a Funded Debt Ratio of not greater than the following ratios during the periods specified below: At December 31, 1999 4.3 to 1 At March 31, 2000 3.75 to 1 At June 30, 2000 3.5 to 1 At September 30, 2000 3.25 to 1 December 31, 2000 to December 30, 2001 3 to 1 December 31, 2001 and thereafter 2.75 to 1

Funded Debt Ratio. Maintain, Not permit the Funded Debt Ratio as of the last day of each fiscal quarter, a Funded Debt Ratio of not greater than the following ratios during the periods specified below: At December 31, 1999 4.3 any Fiscal Quarter to exceed (a) 4.0 to 1 At March 31at any time prior to June 30, 2000 2000, (b) 3.75 to 1 At at any time on or after June 30, 2000 and prior to June 30, 2002 and (c) 3.5 to 1 At September at any time on or after June 30, 2000 3.25 to 1 December 31, 2000 to December 30, 2001 3 to 1 December 31, 2001 and thereafter 2.75 to 12002.

Funded Debt Ratio. MaintainPermit the Funded Debt Ratio, as of the last ----------------- day of each fiscal quarterany Fiscal Quarter, a Funded Debt Ratio of not to be greater than the following ratios ratio set forth below opposite the period during the periods specified belowwhich such Fiscal Quarter ends: At Period Ratio ------ ----- Closing Date through December 31, 1998 2.00 to 1.00 January 1, 1999 through December 31, 1999 4.3 1.75 to 1 At March 311.00 January 1, 2000 3.75 to 1 At June 30, 2000 3.5 to 1 At September 30, 2000 3.25 to 1 December 31, 2000 to December 30, 2001 3 to 1 December 31, 2001 and thereafter 2.75 1.50 to 11.00

Funded Debt Ratio. MaintainPermit the Funded Debt Ratio, as of the last ----------------- day of each fiscal quarterany Fiscal Quarter, a Funded Debt Ratio of not to be greater than the following ratios ratio set forth below opposite the period during the periods specified belowwhich such day occurs: At Period Ratio ------ ----- Closing Date through December 31, 1999 4.3 3.00 to 1 At March 311.00 January 1, 2000 3.75 to 1 At June 30, 2000 3.5 to 1 At September 30, 2000 3.25 to 1 through December 31, 2000 2.75 to December 30, 2001 3 to 1 December 311.00 January 1, 2001 and thereafter 2.75 2.50 to 11.00 thereafter

Funded Debt Ratio. MaintainPermit the Funded Debt Ratio, as of the last ----------------- day of each fiscal quarterany Fiscal Quarter, a Funded Debt Ratio of not to be greater than the following ratios ratio set forth below opposite the period during the periods specified belowwhich such Fiscal Quarter ends: At December Period Ratio ------ ----- July 31, 1997 through July 30, 1998 3.25 to 1.00 July 31, 1998 through July 30, 1999 2.75 to 1.00 July 31, 1999 4.3 through July 30, 2000 2.00 to 1 At March 1.00 July 31, 2000 3.75 to 1 At June 30, 2000 3.5 to 1 At September 30, 2000 3.25 to 1 December 31, 2000 to December 30, 2001 3 to 1 December 31, 2001 and thereafter 2.75 1.75 to 11.00

Funded Debt Ratio. MaintainPermit the Funded Debt Ratio, as of the last day of each fiscal quarterany Fiscal Quarter, a Funded Debt Ratio of not to be greater than the following ratios ratio set forth below opposite the period during the periods specified belowwhich such day occurs: At December 31, 1999 4.3 to 1 At March 31, 2000 3.75 to 1 At Period Ratio ------- ----- Closing Date through June 30, 2000 3.5 2001 2.75 to 1 At September 1.00 July 1, 2001 through June 30, 2000 3.25 2002 2.50 to 1 December 311.00 July 1, 2000 2002 and 2.25 to December 30, 2001 3 to 1 December 31, 2001 and thereafter 2.75 to 11.00 thereafter