Common use of Secured Leverage Ratio Clause in Contracts

Secured Leverage Ratio. Borrower shall not permit the Secured Leverage Ratio as of the last day of (i) the Fiscal Quarter ending December 31, 2011, to exceed 1.75 to 1.0 and (ii) any subsequent Fiscal Quarter, beginning with Fiscal Quarter ending March 31, 2012, to exceed 2.50 to 1.0.

Secured Leverage Ratio. Borrower shall not permit Permit the Secured Leverage Ratio as of on the last day of (i) any period of four fiscal quarters of the Borrower set forth below to be greater than the ratio set forth below opposite such period: Four Fiscal Quarter ending Quarters Ending Maximum Secured Leverage Ratio December 31, 2011, 2012 4.25 to exceed 1.75 to 1.0 and (ii) any subsequent Fiscal Quarter, beginning with Fiscal Quarter ending 1.00 March 31, 20122013 – September 30, 2013December 31, 2013March 31, 2014 – December 31, 2014 4.50 to exceed 2.50 1.004.25 to 1.0.1.004.00 to 1.00 March 31, 2015 3.75 to 1.00 June 30, 2015 and thereafter 3.50 to 1.00

Secured Leverage Ratio. Borrower shall not permit the Secured Leverage Ratio as of (i) the last day of (i) the Fiscal Quarter ending December 31, 2011, to exceed 1.75 to 1.0 and (ii) any subsequent Fiscal Quarter, beginning with the Fiscal Quarter ending March 31September 29, 20122013 through and including the Fourth Fiscal Quarter of 2016, to exceed 2.50 2.50:1.00 and (ii) the last day of any Fiscal Quarter thereafter, to 1.0exceed 2.25 to 1.00.

Secured Leverage Ratio. The Borrower shall will not permit the Secured Leverage Ratio permit, as of the last day of (i) any fiscal quarter of the Fiscal Quarter Borrower, the Secured Leverage Ratio for the period of four consecutive fiscal quarters ending December 31, 2011, to exceed 1.75 to 1.0 and (ii) any subsequent Fiscal Quarter, beginning with Fiscal Quarter ending March 31, 2012on such day, to exceed 2.50 to 1.01.00.

Secured Leverage Ratio. Borrower shall not permit the Secured Leverage Ratio as of the last day of any Fiscal Quarter, (i) beginning with the Fiscal Quarter ending December 31, 20112011 through and including the Fiscal Quarter ending December 31, 2012, to exceed 1.75 to 1.0 and (ii) any subsequent Fiscal Quarter, beginning with the Fiscal Quarter ending March 31, 20122013, to exceed 2.50 1.50 to 1.0.

Secured Leverage Ratio. (i) Subject to Section 7.10(c)(ii), Borrower shall not permit the Secured Leverage Ratio as of on the last day of (i) any period of four fiscal quarters of the Borrower set forth below to be greater than the ratio set forth below opposite such period: Four Fiscal Quarter ending Quarters Ending Maximum Secured Leverage Ratio September 30, 2016 through December 31, 2011, 2017 4.50 to exceed 1.75 to 1.0 and (ii) any subsequent Fiscal Quarter, beginning with Fiscal Quarter ending 1.00 March 31, 20122018 through December 31, 2018 4.00 to exceed 2.50 1.00 March 31, 2019 through December 31, 2019 3.75 to 1.0.1.00 March 31, 2020 and thereafter 3.50 to 1.00

Secured Leverage Ratio. Borrower shall not permit the Secured Leverage Ratio as of the last day of (i) the Fiscal Quarter ending December 31, 2011, to exceed 1.75 to 1.0 and (ii) any subsequent Fiscal Quarter, beginning with the Fiscal Quarter ending March 31September 30, 2012, to exceed 2.50 to 1.02.00:1.00.