Common use of Debt Coverage Clause in Contracts

Debt Coverage. As of the end of each Fiscal Quarter, the Borrower shall not permit the ratio of (a) the sum of its consolidated Debt arising under clauses (a), (b) and (g) of the definition thereof (including, without limitation, the Loans) plus the Letter of Credit Liabilities, to (b) its Adjusted EBITDA for the four (4) Fiscal Quarters then ended, to be greater than the ratio set forth in the table below opposite the applicable Fiscal Quarter end: ======================================================================================================= | Fiscal Month | Ratio ===========================================================|=========================================== | Each Fiscal Quarter of 2002 | 3.0 to 1.0 | Each Fiscal Quarter of 2003 | 3.0 to 1.0 | First Fiscal Quarter of 2004 | 2.9 to 1.0 | Second Fiscal Quarter of 2004 | 2.9 to 1.0 | Third Fiscal Quarter of 2004 | 2.8 to 1.0 | Fourth Fiscal Quarter of 2004 | 2.8 to 1.0 | First Fiscal Quarter of 2005 | 2.8 to 1.0 | Second Fiscal Quarter of 2005 | 2.7 to 1.0 | Third Fiscal Quarter of 2005 | 2.7 to 1.0 | Fourth Fiscal Quarter of 2005 | 2.6 to 1.0 ======================================================================================================= | Fiscal Month | Ratio ===========================================================|=========================================== | First Fiscal Quarter of 2006 | 2.6 to 1.0 | Second Fiscal Quarter of 2006 | 2.5 to 1.0 | Third Fiscal Quarter of 2006 | 2.5 to 1.0 | Fourth Fiscal Quarter of 2006 | 2.4 to 1.0 | Each Fiscal Quarter thereafter | 2.4 to 1.0 =======================================================================================================

Debt Coverage. As of the end of each Fiscal Quarter, the Borrower shall not permit the ratio of (a) the sum of its consolidated Debt arising under clauses (a), (b) and (g) of the definition thereof (including, without limitation, the Loans) plus the Letter of Credit Liabilities, to (b) its Adjusted EBITDA for the four (4) Fiscal Quarters then ended, to be greater than the ratio set forth in the table below opposite the applicable Fiscal Quarter end: ======================================================================================================= | -------------------------------------------------------------------------------- Fiscal Month | Ratio ===========================================================|=========================================== | -------------------------------------------------------------------------------- Each Fiscal Quarter of 2002 | 3.0 to 1.0 | Each Fiscal Quarter of 2003 | 3.0 to 1.0 | First Fiscal Quarter of 2004 | 2.9 to 1.0 | Second Fiscal Quarter of 2004 | 2.9 to 1.0 | Third Fiscal Quarter of 2004 | 2.8 to 1.0 | Fourth Fiscal Quarter of 2004 | 2.8 to 1.0 | First Fiscal Quarter of 2005 | 2.8 to 1.0 | Second Fiscal Quarter of 2005 | 2.7 to 1.0 | Third Fiscal Quarter of 2005 | 2.7 to 1.0 | Fourth Fiscal Quarter of 2005 | 2.6 to 1.0 ======================================================================================================= | -------------------------------------------------------------------------------- Fiscal Month | Ratio ===========================================================|=========================================== | -------------------------------------------------------------------------------- First Fiscal Quarter of 2006 | 2.6 to 1.0 | Second Fiscal Quarter of 2006 | 2.5 to 1.0 | Third Fiscal Quarter of 2006 | 2.5 to 1.0 | Fourth Fiscal Quarter of 2006 | 2.4 to 1.0 | Each Fiscal Quarter thereafter | 2.4 to 1.0 =======================================================================================================--------------------------------------------------------------------------------

Debt Coverage. As of the end of each Fiscal Quarter, the Borrower shall not permit the ratio of (a) the sum of its consolidated Debt arising under clauses (a), (b) and (g) of the definition thereof (including, without limitation, the Loans) plus the Letter of Credit Liabilities, to (b) its Adjusted EBITDA for the four (4) Fiscal Quarters then ended, to be greater than the ratio set forth in the table below opposite the applicable Fiscal Quarter end: ======================================================================================================= | Fiscal Month | Ratio ===========================================================|=========================================== | Each Fiscal Quarter of 2002 | 3.0 to 1.0 | Each Fiscal Quarter of 2003 | 3.0 to 1.0 | First Fiscal Quarter of 2004 | 2.9 to 1.0 | Second Fiscal Quarter of 2004 | 2.9 to 1.0 | Third Fiscal Quarter of 2004 | 2.8 to 1.0 | Fourth Fiscal Quarter of 2004 | 2.8 to 1.0 | First Fiscal Quarter of 2005 | 2.8 to 1.0 | Second Fiscal Quarter of 2005 | 2.7 to 1.0 | Third Fiscal Quarter of 2005 | 2.7 to 1.0 | Fourth Fiscal Quarter of 2005 | 2.6 to 1.0 45 ======================================================================================================= | Fiscal Month | Ratio ===========================================================|=========================================== | First Fiscal Quarter of 2006 | 2.6 to 1.0 | Second Fiscal Quarter of 2006 | 2.5 to 1.0 | Third Fiscal Quarter of 2006 | 2.5 to 1.0 | Fourth Fiscal Quarter of 2006 | 2.4 to 1.0 | Each Fiscal Quarter thereafter | 2.4 to 1.0 =======================================================================================================