Common use of Consolidated Net Leverage Ratio Clause in Contracts

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as at the last day of any fiscal quarter of the Borrower Parent ending with any day set forth below to exceed the ratio set forth below opposite such day: Quarter Ending Consolidated Net Leverage Ratio Closing Date through June 30, 2015 3.50:1.00 September 30, 2015 through June 30, 2016 3.00:1.00 September 30, 2016 through June 30, 2017 2.50:1.00 September 30, 2017 and thereafter 2.00:1.00

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as at the last day of any period of four consecutive fiscal quarter quarters of the Borrower Parent Company ending with any day fiscal quarter set forth below to exceed the ratio set forth below opposite such dayfiscal quarter: Fiscal Quarter Ending Consolidated Net Leverage Ratio Closing Date through March 31, 2020 4.50 to 1.00 March 31, 2022 5.25 to 1.00 June 30, 2015 3.50:1.00 2022 4.75 to 1.00 September 30, 2015 through June 302022 4.25 to 1.00 December 31, 2016 3.00:1.00 September 30, 2016 through June 30, 2017 2.50:1.00 September 30, 2017 2022 and each fiscal quarter ending thereafter 2.00:1.003.75 to 1.00

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio Ratio, calculated as at of the last day of any each fiscal quarter of on a trailing twelve month basis, during the Borrower Parent ending with any day periods set forth below to exceed the ratio set forth below opposite such dayperiod: Quarter Periods Ending Consolidated Net Leverage Ratio Closing Date December 31, 2018 through June 30, 2015 3.50:1.00 September 30, 2015 2019 6.50:100 December 31, 2019 through June 30, 2016 3.00:1.00 September 30, 2016 2020 6.25:1.00 December 31, 2020 through June 30, 2017 2.50:1.00 September 30, 2017 2021 6.00:1.00 December 31, 2021 and thereafter 2.00:1.005.50:1.00

Consolidated Net Leverage Ratio. Permit Effective as of the Revolving Commitment Reinstatement Date, permit the Consolidated Net Leverage Ratio as at the last day of any fiscal quarter of the Borrower Parent ending with any day set forth below to exceed the ratio set forth below opposite such day: Quarter Ending Consolidated Net Leverage Ratio Closing Date through June 30, 2015 3.50:1.00 September 30, 2015 through June 30, 2016 3.00:1.00 September 30, 2016 through June 30, 2017 2.50:1.00 September 30, 2017 and thereafter 2.00:1.00