Common use of Consolidated Total Net Leverage Ratio Clause in Contracts

Consolidated Total Net Leverage Ratio. Permit the Consolidated Total Net Leverage Ratio as of the end of any Measurement Period of Borrowers set forth below to be greater than the ratio set forth below opposite the last day of such Measurement Period: Measurement Period Ending Maximum Consolidated Total Net Leverage Ratio June 30, 2014 8.05 to 1.00 September 30, 2014 8.05 to 1.00 December 31, 2014 8.05 to 1.00 March 31, 2015 7.75 to 1.00 June 30, 2015 7.45 to 1.00 September 30, 2015 7.20 to 1.00 December 31, 2015 6.90 to 1.00 March 31, 2016 6.90 to 1.00 June 30, 2016 6.30 to 1.00 September 30, 2016 6.30 to 1.00 December 31, 2016 6.05 to 1.00 March 31, 2017 6.05 to 1.00 June 30, 2017 5.75 to 1.00 September 30, 2017 5.75 to 1.00 December 31, 2017 5.45 to 1.00 March 31, 2018 5.45 to 1.00 June 30, 2018 and each Fiscal Quarter thereafter 5.15 to 1.00

Consolidated Total Net Leverage Ratio. Permit the Consolidated Total Net Leverage Ratio of the Consolidated Companies as of the end of any Measurement Period of Borrowers set forth below fiscal quarter ending on or after March 31, 2016, with respect to the four fiscal quarters ending on such date, to be greater than the ratio set forth below opposite the last day of such Measurement Periodperiod: Measurement Period Four Fiscal Quarters Ending Maximum Consolidated Total Net Leverage Ratio June 30, 2014 8.05 to 1.00 September 30, 2014 8.05 to 1.00 December 31, 2014 8.05 to 1.00 March 31, 2015 7.75 to 1.00 June 30, 2015 7.45 to 1.00 September 30, 2015 7.20 to 1.00 December 31, 2015 6.90 to 1.00 March 31, 2016 6.90 4.75 to 1.00 June 30, 2016 6.30 4.75 to 1.00 September 30, 2016 6.30 4.75 to 1.00 December 31, 2016 6.05 4.00 to 1.00 March 31, 2017 6.05 4.00 to 1.00 June 30, 2017 5.75 4.00 to 1.00 September 30, 2017 5.75 4.00 to 1.00 December 31, 2017 5.45 3.00 to 1.00 March 31, 2018 5.45 3.00 to 1.00 June 30, 2018 3.00 to 1.00 Four Fiscal Quarters Ending Maximum Consolidated Total Net Leverage Ratio September 30, 2018 3.00 to 1.00 December 31, 2018 2.50 to 1.00 March 31, 2019 2.50 to 1.00 June 30, 2019 2.50 to 1.00 September 30, 2019 2.50 to 1.00 December 31, 2019, and the last day of each Fiscal Quarter fiscal quarter thereafter 5.15 2.00 to 1.00

Consolidated Total Net Leverage Ratio. Permit the Consolidated Total Net Leverage Ratio as of the end of any Measurement Period of Borrowers set forth below to be greater than the ratio set forth below opposite the last day of such Measurement Period: Measurement Period Ending Maximum Consolidated Total Net Leverage Ratio June 30, 2014 8.05 7.00 to 1.00 September 30, 2014 8.05 7.00 to 1.00 December 31, 2014 8.05 7.00 to 1.00 March 31, 2015 7.75 6.75 to 1.00 June 30, 2015 7.45 6.50 to 1.00 September 30, 2015 7.20 6.25 to 1.00 December 31, 2015 6.90 6.00 to 1.00 March 31, 2016 6.90 6.00 to 1.00 June 30, 2016 6.30 5.50 to 1.00 September 30, 2016 6.30 5.50 to 1.00 December 31, 2016 6.05 5.25 to 1.00 March 31, 2017 6.05 5.25 to 1.00 June 30, 2017 5.75 5.00 to 1.00 September 30, 2017 5.75 5.00 to 1.00 December 31, 2017 5.45 4.75 to 1.00 March 31, 2018 5.45 4.75 to 1.00 June 30, 2018 and each Fiscal Quarter thereafter 5.15 4.50 to 1.00

Consolidated Total Net Leverage Ratio. Permit the Consolidated Total Net Leverage Ratio of the Consolidated Companies as of the end of any Measurement Period of Borrowers set forth below fiscal quarter ending on or after March 31, 2016, with respect to the four fiscal quarters ending on such date, to be greater than the ratio set forth below opposite the last day of such Measurement Periodperiod: Measurement Period Four Fiscal Quarters Ending Maximum Consolidated Total Net Leverage Ratio June 30, 2014 8.05 to 1.00 September 30, 2014 8.05 to 1.00 December 31, 2014 8.05 to 1.00 March 31, 2015 7.75 to 1.00 June 30, 2015 7.45 to 1.00 September 30, 2015 7.20 to 1.00 December 31, 2015 6.90 to 1.00 March 31, 2016 6.90 4.75 to 1.00 June 30, 2016 6.30 4.75 to 1.00 September 30, 2016 6.30 4.75 to 1.00 December 31, 2016 6.05 4.00 to 1.00 March 31, 2017 6.05 4.00 to 1.00 June 30, 2017 5.75 4.00 to 1.00 September 30, 2017 5.75 4.00 to 1.00 Four Fiscal Quarters Ending Maximum Consolidated Total Net Leverage Ratio December 31, 2017 5.45 3.00 to 1.00 March 31, 2018 5.45 3.00 to 1.00 June 30, 2018 3.00 to 1.00 September 30, 2018 3.00 to 1.00 December 31, 2018 2.50 to 1.00 March 31, 2019 2.50 to 1.00 June 30, 2019 2.50 to 1.00 September 30, 2019 2.50 to 1.00 December 31, 2019, and the last day of each Fiscal Quarter fiscal quarter thereafter 5.15 2.00 to 1.00