Common use of Consolidated Net Leverage Ratio Clause in Contracts

Consolidated Net Leverage Ratio. No Credit Party shall, nor shall it permit any of its Subsidiaries to, permit the Consolidated Net Leverage Ratio as of the last day of any Fiscal Quarter of the Borrower ending during the periods set forth below to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Net Leverage Ratio Sixth Amendment Effective Date through and including June 30, 2019 3.50 to 1.00 September 30, 2019 through and including December 31, 2019 3.70 to 1.00 March 31, 2020 5.00 to 1.00 June 30, 2020 5.35 to 1.00 September 30, 2020 through and including March 31, 2021 5.50 to 1.00 June 30, 2021 5.00 to 1.00 September 30, 2021 4.75 to 1.00 December 31, 2021 and thereafter 4.50 to 1.00

Consolidated Net Leverage Ratio. No Credit Party shall, nor shall it permit any of its Subsidiaries to, The Borrower will not permit the Consolidated Net Leverage Ratio as of to exceed the applicable maximum Consolidated Net Leverage Ratio set forth below on the last day of any each applicable Fiscal Quarter: Fiscal Quarter of the Borrower ending during the periods set forth below to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Net Leverage Ratio Sixth Amendment Effective Date December 31, 2017, through and including June 30, 2018 5.25 to 1.00 September 30, 2018, through and including December 31, 2018 5.00 to 1.00 March 31, 2019, through and including June 30, 2019 3.50 4.75 to 1.00 September 30, 2019 through and including 4.50 to 1.00 December 31, 2019 3.70 4.25 to 1.00 March 31, 2020 5.00 4.00 to 1.00 June 30, 2020 5.35 4.50 to 1.00 September 30, 2020 5.00 to 1.00 December 31, 2020, through and including March 31, 2021 5.50 to 1.00 June 30, 2021 5.00 to 1.00 September 30, 2021 4.75 4.50 to 1.00 December 31, 2021 2021, through and including March 31, 2022 4.25 to 1.00 June 30, 2022, and thereafter 4.50 4.00 to 1.00

Consolidated Net Leverage Ratio. No Credit Party shall, nor shall it permit any of its Subsidiaries to, permit the Consolidated Net Leverage Ratio as of the last day of any Fiscal Quarter of the Borrower ending during the periods set forth below to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Net Leverage Ratio Sixth Amendment Effective Date through 3.50 to 1.00 and including June 30, 2019 3.50 to 1.00 September 30, 2019 through and 3.70 to 1.00 including December 31, 2019 3.70 to 1.00 March 31, 2020 5.00 to 1.00 June 30, 2020 5.35 to 1.00 September 30, 2020 through and 5.50 to 1.00 including March 31, 2021 5.50 to 1.00 June 30, 2021 5.00 to 1.00 September 30, 2021 4.75 to 1.00 December 31, 2021 and thereafter 4.50 to 1.001.00 (b)