Common use of Total Leverage Ratio Clause in Contracts

Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Fiscal Quarter described in the matrix below, to exceed the ratio set forth opposite that Fiscal Quarter: Closing Date through June 30, 2003 5.00:1.00 September 30, 2003 through June 30, 2004 4.75:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 and thereafter 4.00:1.00.

Total Leverage Ratio. Permit the Total Leverage Ratio, as As of the last day of any Fiscal Quarter described in the matrix beloweach fiscal quarter, to exceed the ratio set forth opposite that Fiscal Quarter: Closing Date through beginning June 30, 2003 5.00:1.00 1998, the Total Leverage Ratio for the applicable Calculation Period shall not exceed: (i) 4.5 for June 30, 1998 and September 30, 2003 through June 301998, 2004 4.75:1.00 (ii) 4.0 from and including December 31, 1998 to and including September 30, 2004 through June 301999; (iii) 3.5 from and including December 1999 to and including December 31, 2005 4.50:1.00 September 30, 2005 2002; and thereafter 4.00:1.00(iv) 3.0 thereafter.

Total Leverage Ratio. Permit the Total Leverage Ratio, Ratio as of the last day of any Fiscal Quarter, beginning with the Fiscal Quarter described in the matrix belowending March 31, 2016, to exceed the correlative ratio set forth opposite that Fiscal Quarterindicated: Closing Date through March 31, 2016 4.00:1.00 June 30, 2003 5.00:1.00 2016 and September 30, 2003 2016 3.75:1.00 December 31, 2016 and for each Fiscal Quarter ending thereafter through and including June 30, 2004 4.75:1.00 2017 3.50:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 2017 and for each Fiscal Quarter ending thereafter 4.00:1.00.3.25:1.00

Total Leverage Ratio. Permit the The Total Leverage Ratio, as of the last day of any Fiscal Quarter described in each fiscal quarter of the matrix Borrower occurring during the periods indicated below, shall be less than or equal to exceed the ratio set forth opposite that Fiscal Quarterfollowing: Closing Date through June 30December 31, 2003 5.00:1.00 September 302005 4.75 to 1.00 January 1, 2003 2006 through March 31, 2006 4.50 to 1.00 April 1, 2006 through June 30, 2004 4.75:1.00 2006 4.25 to 1.00 July 1, 2006 through September 30, 2004 2006 3.75 to 1.00 October 1, 2006 through June 30, 2005 4.50:1.00 September 30, 2005 2007 3.25 to 1.00 October 1, 2007 through September 30, 2008 3.00 to 1.00 October 1, 2008 and thereafter 4.00:1.00.2.75 to 1.00

Total Leverage Ratio. Permit the Total Leverage Ratio, as of Commencing on the last day of any Fiscal Quarter described in the matrix belowfiscal quarter ending June 30, to 2005, and measured on the last day of each fiscal quarter thereafter until the Termination Date, the Total Leverage Ratio shall not exceed the ratio set forth below opposite that Fiscal Quarterthe applicable date: Closing Date through June 30, 2003 5.00:1.00 September 30, 2003 through June 30, 2004 4.75:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 5.0x September 30, 2005 5.3x December 31, 2005 5.5x March 31, 2006 and thereafter 4.00:1.00.5.5x

Total Leverage Ratio. Permit the Total Leverage Ratio, Ratio as of the last day of any Fiscal Quarter described in the matrix below, set forth below to exceed the ratio set forth opposite that Fiscal Quarter: After Closing Date through June September 30, 2003 5.00:1.00 September 306.25:1.00 December 31, 2003 through June 30, 2004 4.75:1.00 5.75:1.00 September 30, 2004 5.50:1.00 December 31, 2004 through March 31, 2005 5.25:1.00 June 30, 2005 4.50:1.00 through September 30, 2005 5.00:1.00 December 31, 2005 through March 31, 2006 4.75:1.00 June 30, 2006 through September 30, 2006 4.50:1.00 December 31, 2006 through March 31, 2007 4.25:1.00 June 30, 2007 and thereafter 4.00:1.00.

Total Leverage Ratio. Permit the Total Leverage Ratio, as of the -------------------- last day of any Fiscal Quarter described in the matrix below, to exceed the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Maximum Ratio ---------------------- ------------- Closing Date through December 31, 2000 3.50:1.00 March 31, 2001 4.00:1.00 June 30, 2003 2001 through December 31, 2001 5.00:1.00 September 30March 31, 2003 through 2002 4.50:1.00 ---- June 30, 2004 4.75:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 2002 and thereafter 4.00:1.003.50:1.00.

Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Fiscal Quarter described in ending after the matrix belowClosing Date, to exceed be greater than the ratio set forth below opposite that the period during which such Fiscal QuarterQuarter ends: Period Ratio Closing Date through March 31, 1999 5.25 to 1.00 June 30, 2003 5.00:1.00 September 301999 through March 31, 2003 through 2000 5.00 to 1.00 June 30, 2004 4.75:1.00 September 302000 through March 31, 2004 through 2001 4.75 to 1.00 June 30, 2005 4.50:1.00 September 2001 through March 31, 2002 4.25 to 1.00 June 30, 2005 2002 and thereafter 4.00:1.00.4.00 to 1.00

Total Leverage Ratio. Permit the Total Leverage Ratio, as of Commencing on the last day of any Fiscal Quarter described in the matrix belowfiscal quarter ending June 30, to 2005, and measured on the last day of each fiscal quarter thereafter until the Termination Date, the Total Leverage Ratio shall not exceed the ratio set forth below opposite that Fiscal Quarterthe applicable date: Closing Date through June 30, 2003 5.00:1.00 September 30, 2003 through June 30, 2004 4.75:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 5.0:1 September 30, 2005 5.3:1 December 31, 2005 5.5:1 March 31, 2006 and thereafter 4.00:1.00.5.5:1

Total Leverage Ratio. Permit the Total Leverage Ratio, as of Ratio on the last day of any Fiscal Quarter described fiscal quarter occurring in the matrix any period set forth below, to exceed be in excess of the ratio set forth opposite that Fiscal Quarterbelow for such period: Closing Date through June 30December 31, 2003 5.00:1.00 2006 - September 30, 2003 through June 302007 9.50:1.00 December 31, 2004 4.75:1.00 2007 - September 30, 2004 through June 302008 8.75:1.00 December 31, 2005 4.50:1.00 2008 - September 30, 2005 and thereafter 4.00:1.00.2009 7.50:1.00 December 31, 2009 - September 30, 2011 7.00:1.00 Thereafter 6.50:1.00

Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last -------------------- day of any Fiscal Quarter described in the matrix below, to exceed the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Maximum Ratio ---------------------- ------------- Closing Date through December 31, 2000 3.50:1.00 March 31, 2001 4.00:1.00 June 30, 2003 2001 through December 31, 2001 5.00:1.00 September 30March 31, 2003 through 2002 4.00:1.00 June 30, 2004 4.75:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 2002 and thereafter 4.00:1.003.50:1.00.

Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Fiscal Quarter described in the matrix below, to exceed the ratio set forth opposite that Fiscal Quarter: Closing Date Fiscal Quarters Ending Maximum Ratio ----------------------- ------------- December 31, 2001 5.00:1.00 March 31, 2002 5.25:1.00 June 30, 2002 5.00:1.00 September 30, 2002 through March 31, 2003 4.50:1.00 June 30, 2003 5.00:1.00 September 30, 2003 through June 30, 2004 4.75:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 and thereafter 4.00:1.00."

Total Leverage Ratio. Permit the Total Leverage Ratio, Ratio as of at the last day of any Fiscal Quarter described in period of four consecutive fiscal quarters of the matrix below, Borrower ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite that such fiscal quarter: Fiscal QuarterQuarter Total Leverage Ratio September 30, 2013 4.25: Closing Date through 1.00 December 31, 2013 4.25: 1.00 March 31, 2014 4.25: 1.00 June 30, 2003 5.00:1.00 2014 4.25: 1.00 September 30, 2003 through June 30, 2004 4.75:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 2014 and thereafter 4.00:1.00.4.00: 1.00

Total Leverage Ratio. Permit the Total Leverage Ratio, Ratio as of the last day of any Fiscal Quarter described in fiscal quarter of the matrix below, Borrower ending during any period set forth below to exceed the ratio set forth below opposite that Fiscal Quartersuch period: Closing Date through June 30, 2003 5.00:1.00 2008 to June 30, 2009 5.75 to 1.00 September 30, 2003 through 2009 to June 30, 2004 4.75:1.00 2010 5.50 to 1.00 September 30, 2004 through 2010 to June 30, 2005 4.50:1.00 2011 5.25 to 1.00 September 30, 2005 2011 to June 30, 2012 5.00 to 1.00 September 30, 2012 to December 31, 2012 4.75 to 1.00 March 31, 2013 and thereafter 4.00:1.00.Thereafter 4.50 to 1.00

Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Fiscal Quarter described in ending after the matrix belowClosing Date, to exceed be greater than the ratio set forth below opposite that Fiscal Quarter: Closing Date through Fiscal Quarters Ending Ratio June 30, 2001 through March 31, 2003 5.00:1.00 September 4.25:1.00 June 30, 2003 through June 30, 2004 4.75:1.00 4.50:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 and thereafter 4.00:1.004.25:1.00."

Total Leverage Ratio. Permit the Total Leverage Ratio, as of the -------------------- last day of any Fiscal Quarter described in the matrix below, to exceed the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Maximum Ratio ---------------------- ------------- Closing Date through December 31, 2000 3.50:1.00 March 31, 2001 4.00:1.00 June 30, 2003 2001 through December 31, 2001 5.00:1.00 September 30March 31, 2003 through 2002 4.00:1.00 June 30, 2004 4.75:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 2002 and thereafter 4.00:1.003.50:1.00.

Total Leverage Ratio. Permit on and after the Restructuring Date the Total Leverage Ratio, as of Ratio on the last day of any Fiscal Quarter described fiscal quarter occurring in the matrix any period set forth below, to exceed be in excess of the ratio set forth opposite that Fiscal Quarterbelow for such period: Closing Date through June 30, 2003 5.00:1.00 September 30, 2003 through June 30Period Ratio ------ ----- April 1, 2004 4.75:1.00 September 30, 2004 through June 30- December 31, 2005 4.50:1.00 September 306.85 to 1.00 January 1, 2005 and thereafter 4.00:1.00.2006 - December 31, 2006 6.55 to 1.00 January 1, 2007 - December 31, 2007 6.25 to 1.00 Thereafter 5.95 to 1.00

Total Leverage Ratio. Permit the Total Leverage Ratio, as of Ratio on the last day of any Fiscal Quarter described fiscal quarter occurring in the matrix any period set forth below, to exceed be in excess of the ratio set forth opposite that Fiscal Quarterbelow for such period: Closing Date through June 30, 2003 5.00:1.00 September 30, 2003 through June 30Period Ratio ------ ----- April 1, 2004 4.75:1.00 September 30, 2004 through June 30- December 31, 2005 4.50:1.00 September 305.50 to 1.00 January 1, 2005 and thereafter 4.00:1.00.2006 - December 31, 2006 5.25 to 1.00 January 1, 2007 - December 31, 2007 5.00 to 1.00 Thereafter 4.75 to 1.00

Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Fiscal Quarter described in ending (a) during the matrix belowperiod occurring between March 31, 2003 and December 31, 2003, to exceed the ratio set forth opposite that Fiscal Quarter: Closing Date through June 303.20:1.00, 2003 5.00:1.00 September 30(b) March 31, 2003 through 2004, to exceed 3.00:1.00, (c) June 30, 2004 4.75:1.00 and September 30, 2004 through June 302004, 2005 4.50:1.00 September 30to exceed 2.75:1.00, 2005 and thereafter 4.00:1.00or (d) thereafter, to exceed 2.50:1.00.

Total Leverage Ratio. Permit the Total Leverage Ratio, Ratio as of the last day of any Fiscal Quarter described in the matrix below, fiscal quarter ending during any period set forth below to exceed be greater than the ratio set forth below opposite that Fiscal Quartersuch period: Closing Date January 1, 2011 through March 31, 2012 6.00:1.00 April 1, 2012 through June 30, 2003 5.00:1.00 September 302012 5.75:1.00 July 1, 2003 2012 through June 30December 31, 2004 4.75:1.00 September 302012 5.50:1.00 January 1, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 2013 and thereafter 4.00:1.00.4.50:1.00