Common use of Senior Debt Leverage Ratio Clause in Contracts

Senior Debt Leverage Ratio. Commencing January 1, 2003, Borrower -------------------------- shall maintain at all times, measured at each fiscal quarter end occurring on each date set forth below and maintained through the next measurement date, a Senior Debt Leverage Ratio less than or equal to the ratio set forth below opposite such date: Date Ratio ---- ----- March 31, 2003 6.0:1.0 June 30, 2003 3.5:1.0 September 30, 2003 3.5:1.0 December 31, 2003 3.5:1.0 through June 29, 2004 June 30, 2004 and thereafter 2.5:1.0

Senior Debt Leverage Ratio. Commencing January 1, 2003, Borrower -------------------------- shall maintain at all times, measured at each fiscal quarter end occurring on each date set forth below and maintained through the next measurement date, a Senior Debt Leverage Ratio less than or equal to the ratio set forth below opposite such date: Date Ratio ---- ----- March 31, 2003 6.0:1.0 June 30, 2003 3.5:1.0 6.0:1.0 September 30, 2003 3.5:1.0 5.0:1.0 December 31, 2003 3.5:1.0 through June 295.0:1.0 March 31, 2004 3.5:1.0 June 30, 2004 and thereafter 2.5:1.0

Senior Debt Leverage Ratio. Commencing January 1The Borrowers and the Non-Borrower Subsidiaries will maintain, 2003on a consolidated basis, Borrower -------------------------- shall maintain at all times, measured at for each fiscal quarter end occurring on each date set forth below and maintained through ending during the next measurement dateperiods specified below, a Senior Debt Leverage Ratio less of not more than or equal to the ratio set forth below opposite such datefollowing: Date Ratio ---- ----- March 31From April 1, 2003 6.0:1.0 June 30, 2003 3.5:1.0 2006 through September 30, 2003 3.5:1.0 December 312007 3.00 to 1.00 From and after October 1, 2003 3.5:1.0 through June 29, 2004 June 30, 2004 and thereafter 2.5:1.02007 2.75 to 1.00