Common use of Total Debt to Annualized EBITDA Clause in Contracts

Total Debt to Annualized EBITDA. Permit the ratio of (i) Total Debt outstanding on any of the dates set forth below to (ii) Annualized EBITDA for the period ending on such date to exceed the ratio set forth opposite such date: -------------------------- ------------------------------ Date Ratio ------------------------- ------------------------------- 12/31/00 11.0 to 1 ------------------------- ------------------------------- 3/31/01 8.5 to 1 ------------------------- ------------------------------- 6/30/01 7.5 to 1 ------------------------- ------------------------------- 9/30/01 7.0 to 1 ------------------------- ------------------------------- 12/31/01 6.0 to 1 ------------------------- ------------------------------- The last day of each fiscal quarter end thereafter 5.0 to 1 ------------------------- -------------------------------

Total Debt to Annualized EBITDA. Permit The Borrower will not permit the ratio of (i) Total Debt outstanding on any day from and including (A) the last day of the dates any fiscal quarter set forth below through (B) the day immediately preceding the last day of the immediately following fiscal quarter to (ii) Annualized EBITDA for the period ending on such the date referred to in clause (i)(A) above to exceed the ratio set forth opposite such date: -------------------------- ------------------------------ Date ----------------------------------------------- Fiscal Quarter Ending On Ratio ------------------------- ------------------------------- 12/31/00 11.0 --------- ----- ----------------------------------------------- September 30, 2003 25.0 to 1 ------------------------- ------------------------------- 3/31/01 1.00 ----------------------------------------------- December 31, 2003 20.0 to 1.00 ----------------------------------------------- March 31, 2004 16.0 to 1.00 ----------------------------------------------- June 30, 2004 13.0 to 1.00 ----------------------------------------------- September 30, 2004 10.0 to 1.00 ----------------------------------------------- December 31, 2004 8.5 to 1 ------------------------- ------------------------------- 6/30/01 1.00 ----------------------------------------------- March 31, 2005 7.5 to 1 ------------------------- ------------------------------- 9/30/01 7.0 1.00 ----------------------------------------------- June 30, 2005 6.5 to 1 ------------------------- ------------------------------- 12/31/01 6.0 1.00 ----------------------------------------------- September 30, 2005 5.5 to 1 ------------------------- ------------------------------- The last day of each fiscal quarter end 1.00 ----------------------------------------------- December 31, 2005 and thereafter 5.0 4.5 to 1 ------------------------- -------------------------------1.00 -----------------------------------------------