Common use of Annualized Operating Cash Flow to Pro Forma Debt Service Clause in Contracts

Annualized Operating Cash Flow to Pro Forma Debt Service. (a) As of the end of any calendar quarter, and (b) at the time of any Advance hereunder (after giving effect to such Advance), the Borrower shall not permit the ratio of (i) its Annualized Operating Cash Flow (for the calendar quarter/month end being tested in the case of Section 7.10(a) hereof, or for the most recently completed calendar quarter/month end, in the case of Section 7.10(b) hereof) to (ii) its Pro Forma Debt Service to be less than the ratio set forth below opposite each such period: Period Ratio Agreement Date through 1.10:1 September 29, 1999 September 30, 1999 and 1.15:1 thereafter

Annualized Operating Cash Flow to Pro Forma Debt Service. (a) As of the end of any calendar quarter, and (b) at the time of any Advance hereunder (after giving effect to such Advance), the Borrower shall not permit the ratio of (i) its Annualized Operating Cash Flow (for the calendar quarter/month end being tested in the case of Section 7.10(a) hereof, or for the most recently completed calendar quarter/month end, in the case of Section 7.10(b) hereof) to (ii) its Pro Forma Debt Service to be less than the ratio set forth below opposite each such period: Period Ratio ------ ----- Agreement Date through 1.10:1 September 29, 1999 2000 1.10:1 September 30, 1999 2000 and 1.15:1 thereafterthereafter 1.15:1

Annualized Operating Cash Flow to Pro Forma Debt Service. (a) As of the end of any calendar quarter, and (b) at the time of any Advance hereunder (after giving effect to such Advance) and (c) at the time of the issuance of any Letter of Credit (after giving effect to such Letter of Credit), the Borrower Borrowers, on a consolidated basis, shall not permit the ratio of (i) its Annualized Operating Cash Flow (for the calendar quarter/month end being tested in the case of Section 7.10(a) hereofsuch fiscal quarter or, or for if applicable, the most recently completed calendar quarter/month end, in the case of Section 7.10(b) hereof) fiscal quarter to (ii) its Pro Forma Debt Service on such date to be less than the ratio for such quarter as set forth below opposite each such periodbelow: Period Ratio ------ ----- Agreement Date through 1.10:1 September 29, 1999 September 30, 1999 2002 1.10:1.00 October 1, 2002 and 1.15:1 thereafterthereafter 1.00:1.00"

Annualized Operating Cash Flow to Pro Forma Debt Service. (a) -------------------------------------------------------- As of the end of any calendar quarter, and (b) at the time of any Advance hereunder (after giving effect to such Advance), the Borrower Borrowers, on a consolidated basis, shall not permit the ratio of (i) its Annualized Operating Cash Flow (for the calendar quarter/month end being tested in the case of Section 7.10(a) hereof, or for the most recently completed calendar quarter/month end, in the case of Section 7.10(b) hereof) to (ii) its Pro Forma Debt Service to be less than the ratio set forth below opposite each such period: Period Ratio ------ ----- Agreement Date through 1.10:1 September 29, 1999 September March 30, 1999 2000 1.10:1 March 31, 2000 through December 30, 2002 1:15:1 December 31, 2002 and 1.15:1 thereafterthereafter 1:50:1