Common use of Maximum Consolidated Senior Leverage Ratio Clause in Contracts

Maximum Consolidated Senior Leverage Ratio. A maximum Consolidated Senior Leverage Ratio as at the last day of each period of four consecutive fiscal quarters ending on any date set forth below no greater that the ratio set forth below opposite such date, except such ratio shall not be tested for the fiscal quarter ending on March 31, 2013: Fiscal Quarter Ending Maximum Consolidated Senior Leverage Ratio 6/30/13 2.25:1.00 9/30/13 and thereafter 2.00:1.00

Maximum Consolidated Senior Leverage Ratio. A maximum Consolidated Senior Leverage Ratio as at the last day of each period of four consecutive fiscal quarters ending on any date set forth below no greater that than the ratio set forth below opposite such date; provided, except such ratio however, the Consolidated Leverage Ratio shall not be tested for on any date that the fiscal quarter ending on March 31, 2013Borrower’s Liquidity is greater than $50,000,000: Fiscal Quarter Ending Maximum Consolidated Senior Leverage Ratio 6/30/13 2.25:1.00 9/30/13 – 12/31/13 Not tested 3/31/14 and thereafter 2.00:1.00

Maximum Consolidated Senior Leverage Ratio. A maximum Permit the Consolidated Senior Leverage Ratio as at of the last day of each any period of four (4) consecutive quarters of the Group Members ending with any fiscal quarters ending on any date quarter end set forth below no greater that to exceed the ratio set forth below opposite such date, except such ratio shall not be tested for the fiscal quarter ending on March 31, 2013: end. Four Consecutive Fiscal Quarter Period Ending Maximum Consolidated Senior Leverage Ratio 6/30/13 2.25:1.00 9/30/13 June 30, 2020 2.75:1.00 September 30, 2020 2.75:1.00 December 31, 2020 2.75:1.00 March 31, 2021 2.75:1.00 June 30, 2021 and each fiscal quarter thereafter 2.00:1.002.50:1.00 ​

Maximum Consolidated Senior Leverage Ratio. A maximum Consolidated Senior Leverage Ratio as at the last day of each period of four consecutive fiscal quarters ending on any date set forth below no greater that than the ratio set forth below opposite such date, except such ratio shall not be tested for the fiscal quarter ending on March December 31, 20132012: Fiscal Quarter Ending Endings Maximum Consolidated Senior Leverage Ratio 6/30/12 – 9/30/12 2.50:1.00 12/31/12 Not tested 3/31/13 – 6/30/13 2.25:1.00 9/30/13 and thereafter 2.00:1.00”