Common use of Adjusted Leverage Ratio; Priority Debt Clause in Contracts

Adjusted Leverage Ratio; Priority Debt. The Company will not permit at any time: (a) the Adjusted Leverage Ratio, as of the last day of any Computation Period, to be greater than: (i) 3.25 to 1 for any Computation Period ending before July 3, 2005; 3.00 to 1 for the Computation Period ending on July 3, 2005; or 2.25 to 1 for any Computation Period ending on or after October 2, 2005; or (b) Priority Debt to exceed 15% of Consolidated Adjusted Net Worth."

Adjusted Leverage Ratio; Priority Debt. The Company will not permit at any time: (a) the Adjusted Leverage Ratio, as of the last day of any Computation Period, to be greater than: than (ia) 3.25 2.75 to 1 for any Computation Period ending before July 3April 2, 20052006; 3.00 (b) 2.50 to 1 for the Computation Period ending on July 3April 2, 20052006; or and (c) 2.25 to 1 for any Computation Period ending on or after October July 2, 2005; or2006. (b) Priority Debt to exceed 15% of Adjusted Consolidated Adjusted Net Worth."