Common use of Maximum Leverage Valuation Ratio Clause in Contracts

Maximum Leverage Valuation Ratio. The Guarantor shall not permit, as of the last day of each of the fiscal quarters specified below, the Leverage Valuation Ratio to exceed the applicable "Maximum Leverage Valuation Ratio" specified below: Maximum Leverage Fiscal Quarter Ending Valuation Ratio --------------------- ---------------- June 30, 2002 0.95 to 1 September 30, 2002 0.95 to 1 December 31, 2002 0.95 to 1 March 31, 2003 0.85 to 1 June 30, 2003 0.80 to 1 September 30, 2003 0.80 to 1 December 31, 2003 and each fiscal quarter thereafter 0.75 to 1

Maximum Leverage Valuation Ratio. The Guarantor Company shall not permit, as of the last day of each of the fiscal quarters specified below, the Leverage Valuation Ratio to exceed the applicable "Maximum Leverage Valuation Ratio" specified below: Maximum Leverage Fiscal Quarter Ending Maximum Leverage Valuation Ratio --------------------- ---------------- -------------------------------- March 31, 2003 0.95 to 1 June 30, 2002 2003 0.95 to 1 September 30, 2002 2003 0.95 to 1 December 31, 2002 2003 0.95 to 1 March 31, 2003 0.85 to 1 June 30, 2003 0.80 to 1 September 30, 2003 0.80 to 1 December 31, 2003 and each fiscal quarter thereafter 0.75 to 1

Maximum Leverage Valuation Ratio. The Guarantor Borrower shall not permit, as of the last day of each of the fiscal quarters specified below, the Leverage Valuation Ratio to exceed the applicable "Maximum Leverage Valuation Ratio" specified below: Maximum Leverage Fiscal Quarter Ending Valuation Ratio --------------------- ---------------- June 30, 2002 0.95 to 1 September 30, 2002 0.95 to 1 December 31, 2002 0.95 to 1 March 31, 2003 0.85 to 1 June 30, 2003 0.80 to 1 September 30, 2003 0.80 to 1 December 31, 2003 and each fiscal quarter thereafter 0.75 to 1

Maximum Leverage Valuation Ratio. The Guarantor Borrower shall not permit, as of the last day of each of the fiscal quarters specified below, the Leverage Valuation Ratio to exceed the applicable "Maximum Leverage Valuation Ratio" specified below: Maximum Leverage Fiscal Quarter Ending Maximum Leverage Valuation --------------------- -------------------------- Ratio --------------------- ---------------- ----- March 31, 2003 0.95 to 1 June 30, 2002 2003 0.95 to 1 September 30, 2002 2003 0.95 to 1 December 31, 2002 2003 0.95 to 1 March 31, 2003 0.85 to 1 June 30, 2003 0.80 to 1 September 30, 2003 0.80 to 1 December 31, 2003 and each fiscal quarter thereafter 0.75 to 1

Maximum Leverage Valuation Ratio. The Guarantor Company shall not permit, as of the last day of each of the fiscal quarters specified below, the Leverage Valuation Ratio to exceed the applicable "Maximum Leverage Valuation Ratio" specified below: Maximum Leverage Fiscal Quarter Ending Valuation Ratio --------------------- ---------------- --------------- March 31, 2003 0.95 to 1 June 30, 2002 2003 0.95 to 1 September 30, 2002 2003 0.95 to 1 December 31, 2002 2003 0.95 to 1 March 31, 2003 0.85 to 1 June 30, 2003 0.80 to 1 September 30, 2003 0.80 to 1 December 31, 2003 and each fiscal quarter thereafter 0.75 to 1

Maximum Leverage Valuation Ratio. The Guarantor shall not permit, as of the last day of each of the fiscal quarters specified below, the Leverage Valuation Ratio to exceed the applicable "Maximum Leverage Valuation Ratio" specified below: Maximum Leverage Fiscal Quarter Ending Maximum Leverage Valuation Ratio --------------------- ---------------- June 30, 2002 0.95 to 1 September 30, 2002 0.95 to 1 December 31, 2002 0.95 to 1 March 31, 2003 0.85 to 1 June 30, 2003 0.80 to 1 September 30, 2003 0.80 to 1 December 31, 2003 and each fiscal quarter thereafter 0.75 to 11 quarter thereafter