Common use of Maximum Senior Leverage Ratio Clause in Contracts

Maximum Senior Leverage Ratio. The Borrower shall not have, on the last day of each Fiscal Quarter set forth below, beginning with the Fiscal Quarter ending January 29, 2011, a Senior Leverage Ratio greater than the ratio set forth below for such Fiscal Quarter: Fiscal Quarter Ending Ratio January 29, 2011 3.50 to 1.00 April 30, 2011 3.50 to 1.00 July 31, 2011 3.25 to 1.00 October 31, 2011 3.25 to 1.00 January 28, 2012 3.00 to 1.00 April 30, 2012 2.75 to 1.00 July 31, 2012 2.75 to 1.00 October 31, 2012 2.50 to 1.00 February 2, 2013 2.25 to 1.00 April 30, 2013 and thereafter 2.00 to 1.00

Maximum Senior Leverage Ratio. The Borrower shall will not havepermit the ratio (the “Senior Leverage Ratio”), on determined as of the last day end of each Fiscal Quarter of its fiscal quarters set forth below, beginning of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the Fiscal Quarter ending January 29end of such fiscal quarter, 2011all calculated for the Borrower and its Subsidiaries on a consolidated basis, a Senior Leverage Ratio to be greater than the ratio set forth below for opposite such Fiscal Quarterfiscal quarter: Fiscal Quarter Ending On or About Maximum Senior Leverage Ratio January 29February 1, 2011 3.50 2009 2.25 to 1.00 April 30May 3, 2011 3.50 2009 2.75 to 1.00 July August 2, 2009 3.00 to 1.00 November 1, 2009 3.00 to 1.00 January 31, 2011 3.25 2010 2.50 to 1.00 May 2, 2010 2.25 to 1.00 August 1, 2010 2.00 to 1.00 October 31, 2011 3.25 2010 1.75 to 1.00 January 2830, 2012 3.00 2011 and each Fiscal Quarter 1.25 to 1.00 April 30, 2012 2.75 to 1.00 July 31, 2012 2.75 to 1.00 October 31, 2012 2.50 to 1.00 February 2, 2013 2.25 to 1.00 April 30, 2013 and thereafter 2.00 to 1.00ending thereafter