Common use of Maximum Funded Debt to EBITDA Clause in Contracts

Maximum Funded Debt to EBITDA. The Borrower shall maintain at all times a ratio of maximum Funded Debt to EBITDA of not greater than 3.5 to 1 as of March 31, 2001 through March 30, 2002, and not greater than 2.5 to 1 as of March 31, 2002 and thereafter until all of the obligations have been repaid. In the event of material expansion of the Borrower's manufacturing facilities, Bank agrees to readdress this covenant.

Maximum Funded Debt to EBITDA. The Beginning with fiscal year end December 31, 2004 Borrower shall maintain at all times a ratio of maximum Funded Debt to EBITDA EBITDA, measured quarterly, of not greater than 3.5 2.50 to 1 as of March 31, 2001 through March 30, 2002, and not greater than 2.5 to 1 as of March 31, 2002 and thereafter until all of the obligations have been repaid. In the event of material expansion of the Borrower's manufacturing facilities, Bank agrees to readdress this covenant1.0.

Maximum Funded Debt to EBITDA. The Borrower shall maintain at all times a Permit Borrower's ratio of maximum Total Funded Debt to EBITDA of not to be greater than 3.5 1.5 to 1 1.0 as of March 31the end of each Fiscal Quarter, 2001 through March 30, 2002, and not greater than 2.5 to 1 as of March 31, 2002 and thereafter until all of the obligations have been repaid. In the event of material expansion of the Borrower's manufacturing facilities, Bank agrees to readdress this covenantmeasured on a trailing four (4) Fiscal Quarter basis.

Maximum Funded Debt to EBITDA. The Borrower shall maintain at all times a ratio of maximum Funded Debt to EBITDA of not greater than 3.5 to 1 as of March 31, 2001 through March 30, 2002, and not the last day of any fiscal quarter of the Borrowers to be greater than 2.5 to 1 as of March 31, 2002 and thereafter until all of the obligations have been repaid. In the event of material expansion of the Borrower's manufacturing facilities, Bank agrees to readdress this covenant1.