Common use of Interest Expense Coverage Ratio Clause in Contracts

Interest Expense Coverage Ratio. The Loan Parties will not permit the Interest Expense Coverage Ratio for any Test Period ending on a date set forth below to be less than the ratio set forth below opposite such date: Test Period Ending on Ratio --------------------- ----- September 30, 2003 2.00:1.00 December 31, 2003 2.00:1.00 March 31, 2004 2.00:1.00 June 30, 2004 2.00:1.00 September 30, 2004 2.25:1.00 December 31, 2004 2.25:1.00 March 31, 2005 2.25:1.00 June 30, 2005 2.50:1.00 September 30, 2005 2.50:1.00 December 31, 2005 2.50:1.00 March 31, 2006 2.50:1.00 June 30, 2006 2.75:1.00 September 30, 2006 3.00:1.00 December 31, 2006 3.00:1.00 March 31, 2007 3.00:1.00 June 30, 2007 3.25:1.00 September 30, 2007 3.25:1.00 December 31, 2007 3.25:1.00 March 31, 2008 3.25:1.00 June 30, 2008 3.25:1.00 September 30, 2008 3.25:1.00 December 31, 2008 3.25:1.00 March 31, 2009 3.25:1.00 June 30, 2009 3.25:1.00

Interest Expense Coverage Ratio. The Loan Parties Borrower will not permit the Interest Expense Coverage Ratio for any Test Period ending on a date set forth below to be less than the ratio set forth below opposite the date set forth below which is closest to the last day of such dateTest Period: Test Period Ending on Ratio --------------------- ----- September 30, 2003 2.00:1.00 December 31, 2003 2.00:1.00 March 31, 2004 2.00:1.00 June 30, 2004 2.00:1.00 September 30, 2004 2.25:1.00 December 31, 2004 2.25:1.00 March 31, 2005 2.25:1.00 June 30, 2005 2.50:1.00 September 30, 2005 2.50:1.00 December 31, 2005 2.50:1.00 March 31, 2006 2.50:1.00 June 30, 2006 2.50:1.00 September 30, 2006 2.50:1.00 December 31, 2006 2.75:1.00 March 31, 2007 2.75:1.00 June 30, 2007 2.75:1.00 September 30, 2006 3.00:1.00 2007 2.75:1.00 December 31, 2006 2007 3.00:1.00 March 31, 2007 2008 3.00:1.00 June 30, 2007 3.25:1.00 September 30, 2007 3.25:1.00 December 31, 2007 3.25:1.00 March 31, 2008 3.25:1.00 June 30, 2008 3.25:1.00 3.00:1.00 September 30, 2008 3.25:1.00 3.00:1.00 December 31, 2008 3.25:1.00 March 31, 2009 3.25:1.00 June 30, 2009 3.25:1.003.25:1.00 September 30, 2009 3.25:1.00 December 31, 2009 3.50:1.00 March 31, 2010 3.50:1.00 June 30, 2010 3.50:1.00 September 30, 2010 3.50:1.00 December 31, 2010 3.50:1.00 March 31, 2011 3.50:1.00 June 30, 2011 3.50:1.00 September 30, 2011 3.50:1.00 December 31, 2011 3.50:1.00 March 31, 2012 3.50:1.00 June 30, 2012 3.50:1.00 September 30, 2012 3.50:1.00

Interest Expense Coverage Ratio. The Loan Parties Borrower will not permit the Interest Expense Coverage Ratio for any Test Period ending on a date set forth below to be less than the ratio set forth below opposite the date set forth below which is closest to the last day of such dateTest Period: Test Period Ending on Ratio --------------------- ----- September 30, 2003 2.00:1.00 December 31, 2003 2.00:1.00 March 31, 2004 2.00:1.00 June 30, 2004 2.00:1.00 September 30, 2004 2.25:1.00 December 31, 2004 2.25:1.00 March 31, 2005 2.25:1.00 June 30, 2005 2.50:1.00 September 30, 2005 2.50:1.00 December 31, 2005 2.50:1.00 March 31, 2006 2.50:1.00 June 30, 2006 2.50:1.00 September 30, 2006 2.50:1.00 December 31, 2006 2.50:1.00 March 31, 2007 2.50:1.00 June 30, 2007 2.50:1.00 September 30, 2007 2.50:1.00 December 31, 2007 2.50:1.00 March 31, 2008 2.75:1.00 June 30, 2008 2.75:1.00 September 30, 2006 2008 2.75:1.00 December 31, 2008 2.75:1.00 March 31, 2009 3.00:1.00 June 30, 2009 3.00:1.00 September 30, 2009 3.00:1.00 December 31, 2006 2009 3.00:1.00 March 31, 2007 3.00:1.00 2010 3.25:1.00 June 30, 2007 2010 3.25:1.00 September 30, 2007 2010 3.25:1.00 December 31, 2007 2010 3.25:1.00 March 31, 2008 2011 3.25:1.00 June 30, 2008 2011 3.25:1.00 September 30, 2008 2011 3.25:1.00 December 31, 2008 2011 3.25:1.00 March 31, 2009 2012 3.25:1.00 June 30, 2009 2012 3.25:1.00 September 30, 2012 3.25:1.00 (d) Section 6.13 shall be amended and restated as follows:

Interest Expense Coverage Ratio. The Loan Parties U.S. Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense (the "Interest Coverage Ratio Ratio"), in each case for any Test Period period of four consecutive Fiscal Quarters ending on a any date set forth below below, to be less than the ratio set forth below opposite such datedate below, provided that, to the extent the U.S. Borrower or any of its Subsidiaries makes any Permitted Acquisition, Asset Disposition or Discontinuation during the period of four Fiscal Quarters most recently ended, the Interest Coverage Ratio for such period shall be calculated on a Pro Forma Basis: Test Period Ending on Date Ratio --------------------- ---- ----- September 30, 2003 2.00:1.00 December 31, 2003 2.00:1.00 March 31, 2004 2.00:1.00 June 30, 2004 2.00:1.00 September 30, 2004 2.25:1.00 December 31, 2004 2.25:1.00 March 31, 2005 2.25:1.00 2.50:1.00 June 30, 2005 2.50:1.00 September 30, 2005 2.50:1.00 December 31, 2005 2.50:1.00 March 31, 2006 2.50:1.00 2.60:1.00 June 30, 2006 2.75:1.00 2.60:1.00 -144- September 30, 2006 2.60:1.00 December 31, 2006 2.70:1.00 March 31, 2007 2.70:1.00 June 30, 2007 2.70:1.00 September 30, 2007 2.80:1.00 December 31, 2007 2.80:1.00 March 31, 2008 2.90:1.00 June 30, 2008 2.90:1.00 September 30, 2008 3.00:1.00 December 31, 2006 2008 3.00:1.00 March 31, 2007 3.00:1.00 2009 3.10:1.00 June 30, 2007 2009 3.10:1.00 September 30, 2009 3.25:1.00 December 31, 2009 3.25:1.00 March 31, 2010 3.25:1.00 June 30, 2010 3.25:1.00 September 30, 2007 2010 3.25:1.00 December 31, 2007 2010 3.25:1.00 March 31, 2008 2011 3.25:1.00 June 30, 2008 2011 3.25:1.00 September 30, 2008 2011 3.25:1.00 December 31, 2008 3.25:1.00 March 31, 2009 3.25:1.00 June 30, 2009 2011 3.25:1.00

Interest Expense Coverage Ratio. The Loan Parties will shall not permit the Interest Expense Coverage Ratio for any Test Period ending on a date set forth below to be less than the ratio set forth below opposite such date: Test Period Ending on Ratio --------------------- ----- September 30, 2003 2.00:1.00 December 31, 2003 2.00:1.00 March 31, 2004 2.00:1.00 June 30, 2004 2.00:1.00 September 30, 2004 2.25:1.00 December 31, 2004 2.25:1.00 March 31, 2005 2.25:1.00 June 30, 2005 2.50:1.00 3.00: 1.00 September 30, 2005 2.50:1.00 3.00: 1.00 December 31, 2005 2.50:1.00 3.25: 1.00 March 31, 2006 2.50:1.00 3.50: 1.00 June 30, 2006 2.75:1.00 3.50: 1.00 September 30, 2006 3.00:1.00 3.50: 1.00 December 31, 2006 3.00:1.00 3.50: 1.00 March 31, 2007 3.00:1.00 3.50: 1.00 June 30, 2007 3.25:1.00 3.50: 1.00 September 30, 2007 3.25:1.00 3.50: 1.00 December 31, 2007 3.25:1.00 3.50: 1.00 March 31, 2008 3.25:1.00 3.50: 1.00 June 30, 2008 3.25:1.00 3.50: 1.00 September 30, 2008 3.25:1.00 3.50: 1.00 December 31, 2008 3.25:1.00 3.50: 1.00 March 31, 2009 3.25:1.00 3.50: 1.00 June 30, 2009 3.25:1.003.50: 1.00 September 30, 2009 3.50: 1.00 December 31, 2009 3.50: 1.00 March 31, 2010 3.50: 1.00 June 30, 2010 3.50: 1.00 September 30, 2010 3.50: 1.00 December 31, 2010 3.50: 1.00 March 31, 2011 3.50: 1.00 June 30, 2011 3.50: 1.00 September 30, 2011 3.50: 1.00 December 31, 2011 3.50: 1.00