Common use of Interim Financial Calculations Clause in Contracts

Interim Financial Calculations. For purposes of determining the Leverage Ratio and the Interest Expense Coverage Ratio: (a) for any period of four consecutive fiscal quarters ended on or prior to September 30, 2000, Consolidated EBITDA shall be deemed to be the Consolidated EBITDA of Holdings, the Borrower and the Subsidiaries (or their respective predecessor entities) for such period determined on a consolidated basis in accordance with GAAP (it being understood that Consolidated EBITDA for the fiscal quarter ended (i) December 31, 1998, was $86,500,000, (ii) March 31, 1999, was $76,300,000 and (iii) June 30, 1999, was $94,100,000); and (i) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on September 30, 1999, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of two fiscal months ending on September 30, 1999, and (B) a fraction the numerator of which is 12 and the denominator of which is two, (ii) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on December 31, 1999, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of five fiscal months ending on December 31, 1999, and (B) a fraction the numerator of which is 12 and the denominator of which is five, (iii) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on March 31, 2000, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of eight fiscal months ending on March 31, 2000, and (B) a fraction the numerator of which is 12 and the denominator of which is eight and (iv) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on June 30, 2000, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of 11 fiscal months ending on June 30, 2000, and (B) a fraction the numerator of which is 12 and the denominator of which is 11.

Interim Financial Calculations. For purposes of determining the Leverage Ratio and the Interest Expense Coverage RatioNet Leverage Ratio and for purposes of determining compliance with Sections 6.12, 6.13 and 6.14: (a) for any period of four consecutive fiscal quarters ended on or prior to September March 30, 2001, Consolidated EBITDA (including up to $124,500,000 of restructuring charges for the fiscal year ended June 30, 2000, Consolidated EBITDA ) shall be deemed to be the Consolidated EBITDA of Holdings, the Borrower Borrowers and the Subsidiaries (or their respective predecessor entities) for such period determined on a consolidated basis in accordance with GAAP (it being understood that Consolidated EBITDA for the fiscal quarter ended (i) December 31June 30, 19982000, was $86,500,000192,000,000, (ii) March 31September 29, 19992000, was $76,300,000 235,000,000 and (iii) June 30December 29, 19992000, was $94,100,000shall be equal to the product of (A) Consolidated EBITDA for the period of one fiscal month ending on December 29, 2000, and (B) a fraction the numerator of which is three and the denominator of which is one); and; (i) Consolidated Cash Interest Expense and Consolidated Net Cash Interest Expense, in each case, for the period of four consecutive fiscal quarters ending on September March 30, 19992001, shall be equal to the product of (A) Consolidated Cash Interest Expense and Consolidated Net Cash Interest Expense, respectively, for the period of two four fiscal months ending on September March 30, 19992001, and (B) a fraction the numerator of which is 12 and the denominator of which is twofour, (ii) Consolidated Cash Interest Expense and Consolidated Net Cash Interest Expense, in each case for the period of four consecutive fiscal quarters ending on December 31June 29, 19992001, shall be equal to the product of (A) Consolidated Cash Interest Expense and Consolidated Net Cash Interest Expense, respectively, for the period of five seven fiscal months ending ended on December 31June 29, 19992001, and (B) a fraction the numerator of which is 12 twelve and the denominator of which is five, seven and (iii) Consolidated Cash Interest Expense and Consolidated Net Cash Interest Expense, respectively, for the period of four consecutive fiscal quarters ending ended on March 31September 30, 20002001, shall be equal to the product of (A) Consolidated Cash Interest Expense and Consolidated Net Cash Interest Expense, respectively, for the period of eight ten fiscal months ending on March 31September 30, 2001, and a fraction the numerator of which is 12 and the denominator of which is ten; and (c) for any period of four consecutive fiscal quarters ended on or prior to September 30, 2001, Capital Expenditures shall be deemed to be the Capital Expenditures of Holdings, the Borrowers and the Subsidiaries (or their respective predecessor entities) for such period determined on a consolidated basis in accordance with GAAP (it being understood that Capital Expenditures for the fiscal quarter ended (i) June 30, 2000, was $195,000,000, (ii) September 29, 2000, was $145,000,000 and (iii) December 29, 2000 shall be equal to the product of (A) Capital Expenditures for the period of one fiscal month ending on December 29, 2000, and (B) a fraction the numerator of which is 12 three and the denominator of which is eight and (iv) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on June 30, 2000, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of 11 fiscal months ending on June 30, 2000, and (B) a fraction the numerator of which is 12 and the denominator of which is 11one).

Interim Financial Calculations. For purposes of determining the Leverage Ratio and the Interest Expense Coverage Ratiofor purposes of determining compliance with Sections 6.12 and 6.13: (a) for any period of four consecutive fiscal quarters ended on or prior to September 30, 2000, Consolidated EBITDA shall be deemed to be the Consolidated EBITDA of Holdings, the Borrower and the Subsidiaries (or their respective predecessor entities) for such period determined on a consolidated basis in accordance with GAAP (it being understood that Consolidated EBITDA for the fiscal quarter ended (i) December 31, 1998, was $86,500,000, (ii) March 31, 1999, was $76,300,000 and (iii) June 30, 1999, was $94,100,000); and (i) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on September 30, 1999, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of two fiscal months ending on September 30, 1999, and (B) a fraction the numerator of which is 12 and the denominator of which is two, (ii) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on December 31, 1999, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of five fiscal months ending on December 31, 1999, and (B) a fraction the numerator of which is 12 and the denominator of which is five, (iii) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on March 31, 2000, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of eight fiscal months ending on March 31, 2000, and (B) a fraction the numerator of which is 12 and the denominator of which is eight and (iv) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on June 30, 2000, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of 11 fiscal months ending on June 30, 2000, and (B) a fraction the numerator of which is 12 and the denominator of which is 11.

Interim Financial Calculations. For purposes of determining the Leverage Ratio and the Interest Expense Coverage Ratiofor purposes of determining compliance with Sections 6.12 and 6.13: (a) for any period of four consecutive fiscal quarters ended on or prior to September 30, 2000, Consolidated EBITDA shall be deemed to be the Consolidated EBITDA of Holdings, the Borrower and the Subsidiaries (or their respective predecessor entities) for such period determined on a consolidated basis in accordance with GAAP (it being understood that Consolidated EBITDA for the fiscal quarter ended (i) December 31, 1998, was $86,500,000, (ii) March 31, 1999, was $76,300,000 and (iii) June 30, 1999, was $94,100,000); and (i) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on September 30, 1999, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of two fiscal months ending on September 30, 1999, and (B) a fraction the numerator of which is 12 and the denominator of which is two, (ii) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on December 31, 1999, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of five fiscal months ending on December 31, 1999, and (B) a fraction the numerator of which is 12 and the denominator of which is five, (iii) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on March 31, 2000, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of eight fiscal months ending on March 31, 2000, and (B) a fraction the 30 35 numerator of which is 12 and the denominator of which is eight and (iv) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on June 30, 2000, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of 11 fiscal months ending on June 30, 2000, and (B) a fraction the numerator of which is 12 and the denominator of which is 11.

Interim Financial Calculations. For purposes of determining the Leverage Ratio and the Interest Expense Coverage Ratio: (a) for any period of four consecutive fiscal quarters ended on or prior to September 30, 2000, Consolidated EBITDA shall be deemed to be the Consolidated EBITDA of Holdings, the Borrower and the Subsidiaries (or their respective predecessor entities) for such period determined on a consolidated basis in accordance with GAAP (it being understood that Consolidated EBITDA for the fiscal quarter ended ended (i) December 31, 1998, was $86,500,000, (ii) March 31, 1999, was $76,300,000 and (iii) June 30, 1999, was $94,100,000); and (i) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on September 30, 199930,1999, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of two fiscal months ending on September 30, 1999, and (B) a fraction the numerator of which is 12 and the denominator of which is two, (ii) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on December 31, 199931,1999, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of five fiscal months ending on December 31, 1999, and (B) a fraction the numerator of which is 12 and the denominator of which is five, (iii) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on March 31, 2000, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of eight fiscal months ending on March 31, 2000, and (B) a fraction the numerator of which is 12 and the denominator of which is eight and (iv) Consolidated Cash Interest Expense for the period of four consecutive fiscal quarters ending on June 30, 2000, shall be equal to the product of (A) Consolidated Cash Interest Expense for the period of 11 fiscal months ending on June 30, 2000, and (B) a fraction the numerator of which is 12 and the denominator of which is 11.