Common use of Senior Debt Ratio Clause in Contracts

Senior Debt Ratio. The Companies shall not suffer or permit at any time the ratio of Total Senior Funded Indebtedness to Consolidated Pro-Forma EBITDA, based upon the financial statements of the Companies for the most recently completed four (4) fiscal quarters, to be greater than: (i) 3.50 to 1.00 on July 1, 2001 through September 30, 2002 and (ii) 3.25 to 1.00 on October 1, 2002 and thereafter.

Senior Debt Ratio. The Companies shall not suffer or permit at any time the ratio of of: (x) Total Senior Funded Indebtedness to (y) Consolidated Pro-Forma EBITDAEBITDA to be greater than: (i) 4.35 to 1.00 from October 1, 2001 through December 31, 2001, (ii) 4.80 to 1.00 on January 1, 2002 through June 30, 2002, (iii) 4.15 to 1.00 on July 1, 2002 through September 30, 2002 and (iv) 3.75 to 1.00 on October 1, 2002 and thereafter, in each case, based upon the financial statements of the Companies for the most recently completed four (4) fiscal quarters, to be greater than: (i) 3.50 to 1.00 on July 1, 2001 through September 30, 2002 and (ii) 3.25 to 1.00 on October 1, 2002 and thereafter.