Common use of Consolidated First Lien Leverage Ratio Clause in Contracts

Consolidated First Lien Leverage Ratio. Permit the Consolidated First Lien Leverage Ratio as at the end of each Fiscal Quarter of the Borrower set forth below to be greater than the maximum ratio set forth in the table below opposite thereto. Fiscal Quarter ending September 30, 2016 2.80:1.00 Fiscal Quarter ending December 31, 2016 2.80:1.00 Fiscal Quarter ending March 31, 2017 2.70:1.00 Fiscal Quarter ending June 30, 2017 2.70:1.00 Fiscal Quarter ending September 30, 2017 2.60:1.00 Fiscal Quarter ending December 31, 2017 2.60:1.00 Fiscal Quarter ending March 31, 2018 2.60:1.00 Fiscal Quarter ending June 30, 2018 2.60:1.00 Fiscal Quarter ending September 30, 2018 and each Fiscal Quarter thereafter 2.50:1.00

Consolidated First Lien Leverage Ratio. Permit the Consolidated First Lien Leverage Ratio as at the end of each Fiscal Quarter of the Borrower set forth below to be greater than the maximum ratio set forth in the table below opposite thereto. Fiscal Quarter ending September 30, 2016 2.80:1.00 2018 3.875:1.00 Fiscal Quarter ending December 31, 2016 2.80:1.00 2018 3.875:1.00 Fiscal Quarter ending March 31, 2017 2.70:1.00 2019 3.875:1.00 Fiscal Quarter ending June 30, 2017 2.70:1.00 2019 3.875:1.00 Fiscal Quarter ending September 30, 2017 2.60:1.00 2019 3.625:1.00 Fiscal Quarter ending December 31, 2017 2.60:1.00 2019 3.625:1.00 Fiscal Quarter ending March 31, 2018 2.60:1.00 2020 3.625:1.00 Fiscal Quarter ending June 30, 2018 2.60:1.00 2020 3.625:1.00 Fiscal Quarter ending September 30, 2018 2020 3.375:1.00 Fiscal Quarter ending December 31, 2020 3.375:1.00 Fiscal Quarter ending March 31, 2021 3.375:1.00 Fiscal Quarter ending June 30, 2021 3.375:1.00 Fiscal Quarter ending September 30, 2021 3.125:1.00 Fiscal Quarter ending December 31, 2021 3.125:1.00 Fiscal Quarter ending March 31, 2022 3.125:1.00 Fiscal Quarter ending June 30, 2022 3.125:1.00 Fiscal Quarter ending September 30, 2022 and each Fiscal Quarter thereafter 2.50:1.002.875:1.00