Common use of First Lien Leverage Ratio Clause in Contracts

First Lien Leverage Ratio. The Borrower will not permit the First Lien Leverage Ratio as of the last day of any fiscal quarter ending on any date during any period set forth below to exceed the ratio set forth below opposite such period: Period Ratio Effective Date to and including June 30, 2013 4.75 to 1.00 July 1, 2013 and thereafter 4.50 to 1.00

First Lien Leverage Ratio. The Borrower will shall not permit the First Lien Leverage Ratio as of the last day of any fiscal quarter ending on any date during any period set forth below to exceed be greater than the ratio set forth below opposite such periodthe applicable period below: Applicable Period Maximum First Lien Leverage Ratio Effective Initial Funding Date to through and including June 30December 31, 2013 4.75 2014 2.75 to 1.00 July January 1, 2013 2015 through and including December 31, 2015 2.50 to 1.00 January 1, 2016 and thereafter 4.50 2.25 to 1.001:00

First Lien Leverage Ratio. The Borrower will not permit the First Lien Leverage Ratio as of the last day of any fiscal quarter ending on any date during any period set forth below to exceed the ratio set forth below opposite such period: Period Ratio Effective Date to and including June 30, 2013 4.75 to 1.00 July 1, 2013 to and including March 31, 2014 4.50 to 1.00 April 1, 2014 to and including June 30, 2015 5.25 to 1.00 July 1, 2015 and thereafter 4.50 to 1.00