Common use of Fixed Charge Coverage Ratio Clause in Contracts

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.

Fixed Charge Coverage Ratio. The US Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for as of the end of any consecutive four-fiscal quarter period ending on the date of each quarter Fiscal Quarter set forth below to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on period Fixed Charge Coverage Ratio ------ --------------------------- September 30, 2000 1.85 to September 29, 2001 1.15 to 1.00 106 September 30, 2001 to December 30, 2003 1.05 to 1.00 December 31, 2003 to December 30, 2004 1.10 to 1.00 December 31, 2004 and thereafter 1.15 to 1.00; Each quarter thereafter 2.00 to 1.00.

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- The Fixed Charge Coverage Ratio for any consecutive four-Ratio, as of the end of each fiscal quarter of the Borrower for the twelve month period ending on the date of each quarter to such date, shall be less greater than the ratio set forth opposite such period below: Quarters ending on or equal to: (i) On June 30, 1999, 2000 and September 30, 19992000, 2.0 to 1.0; and (ii) On December 31, 1999 2000 and March 31on the last day of each fiscal quarter of the Borrower thereafter, 2000 2.00 2.25 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.001.0.

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-Ratio, determined as of the last day of each fiscal quarter set forth below for the period ending consisting of the four consecutive fiscal quarters ended on the date of each quarter such last day, to be less than the ratio set forth opposite such period belowlast day: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Fiscal Quarter ending on Ended Ratio ---------------------- ------ September 30, 2000 1.85 to 1.00; Each 1.30:1 December 31, 2000 1.30:1 March 31, 2001 1.35:1 June 30, 2001 and each fiscal quarter ended thereafter 2.00 to 1.001.50:1.".

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-(i) at the end of the fiscal quarter period ending ended on the date of each quarter December 31, 2006 to be less than 1.30 to 1.0, (ii) at the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, end of any fiscal quarter ended after December 31, 1999 2006 through and March 31, 2000 2.00 to 1.00; Quarter ending including the fiscal quarter ended on September 30, 2000 1.85 2007 to 1.00; Each be less than 1.25 to 1.0, or (iii) at the end of any fiscal quarter ended thereafter 2.00 to 1.00be less than 1.30 to 1.0.”

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- achieve a Fixed Charge Coverage Ratio for any consecutive four-each fiscal quarter period ending on the date of each quarter to be not less than the ratio set forth opposite such shown below for the period belowcorresponding thereto: Quarters ending on June 30Period Amount ------ ------------ May 1, 1999, September 30, 1999, December 1996 through July 31, 1999 and March 1996 0.95 to 1.00 August 1, 1996 through October 31, 2000 2.00 1996 0.95 to 1.00 November 1, 1996 through January 31, 1997 1.00 to 1.00 In each subsequent fiscal quarter thereafter 1.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00."

Fixed Charge Coverage Ratio. The Borrower shall not permit and its --------------------------- Subsidiaries will have, as of the end of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending September 30, 2001, a Fixed Charge Coverage Ratio for any consecutive four-of not less than: Fiscal Quarter Required Ratio The fiscal quarter period ending on the date of each quarter to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter quarters ending on September 30, 2000 1.85 2001 and December 31, 2001 2.50:1.0 Each fiscal quarter ending after December 31, 2001 and on or prior to 1.00; December 31, 2002 2.00:1.0 Each fiscal quarter thereafter 2.00 to 1.00ending after December 31, 2002 2.25:1.0 in each case, calculated on a rolling four-quarter basis and determined in accordance with GAAP.

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio to be less than (i) 2.00 to 1.00: (A) for any consecutive four-the two fiscal quarter period ending on ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇) for the date of each three fiscal quarter to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, and (C) for any four fiscal quarter period (on a rolling four quarter basis) ending on or after September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on or before September 30, 2000 1.85 2001, (ii) 1.50 to 1.00; Each 1.00 for any four fiscal quarter thereafter 2.00 to 1.00.period (on

Fixed Charge Coverage Ratio. Borrower shall The Borrowers will not permit its --------------------------- the Fixed Charge Coverage Ratio for at the end of any consecutive four-fiscal quarter ending during any period ending on the date of each quarter described below to be less than the ratio set forth opposite such period below: Quarters Period Ratio ------ ----- Fiscal quarter ending on June 30May 3, 19991997 1.00 to 1 Two consecutive fiscal quarters ending August 2, September 301997 1.00 to 1 Three consecutive fiscal quarters ending November 1, 1999, December 31, 1999 and March 31, 2000 2.00 1997 1.00 to 1.00; Quarter 1 Each period of four consecutive fiscal quarters ending on September 30, 2000 1.85 thereafter 1.25 to 1.00; Each quarter thereafter 2.00 to 1.00.1"

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than 1.35 to 1.00 as of the ratio set forth opposite such last day of each fiscal period specified below: Quarters : i. the eight fiscal quarters of Borrower ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.001995; Quarter and ii. the eight fiscal quarters of Borrower ending on September the last day of each fiscal quarter thereafter commencing with the fiscal quarter ending December 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.001995.

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than (a) 1.50 to 1 at the ratio set forth opposite such period below: Quarters end of the fiscal quarter ending on June 30, 1999, September 30, 19991997, December 31, 1999 (b) 1.40 to 1 at the end of any fiscal quarter thereafter through and March 31, 2000 2.00 to 1.00; Quarter ending on including September 30, 2000 1.85 1998, (c) 1.50 to 1.00; Each 1 at the end of any fiscal quarter thereafter 2.00 through and including September 30, 2001, and (d) 1.60 to 1.001 at the end of any fiscal quarter thereafter. (nn) SECTION 7.10 of the Credit Agreement is hereby amended in its entirety to read as follows:

Fixed Charge Coverage Ratio. Borrower shall not permit Permit its --------------------------- Fixed Charge Coverage Ratio for any consecutive four-the fiscal quarter period ending on the date of January 31, 2014 and each quarter January 31, April 30, July 31 and October 31, thereafter to be less than 1.20:1 calculated quarterly on a trailing four (4) quarter basis; provided, however, that this Section 5.4 shall not be applicable with respect to the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December fiscal quarter ended October 31, 1999 2013.” (l) Section 5.5 of the Credit Agreement is hereby deleted in its entirety and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.the following is hereby inserted in lieu thereof:

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for any period of four consecutive four-fiscal quarter period quarters ending (a) after March 31, 2009 but on the date of each quarter or prior to January 3, 2010 to be less than the ratio set forth opposite such period below: Quarters ending on June 301.25 to 1.00 and (b) after January 3, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 2010 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 be less than 1.30 to 1.00.

Fixed Charge Coverage Ratio. Borrower The Company and its Domestic Subsidiaries shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any period of four consecutive four-fiscal quarter period ending quarters, in each case taken as one accounting period, ended on the date of each quarter set forth below to be less than the ratio set forth opposite such period belowfiscal quarter: Quarters ending on June April 30, 19992004 0.42 to 1 July 31, September 2004 0.13 to 1 October 31, 2004 0.35 to 1 January 31, 2005 0.46 to 1 April 30, 1999, December 2005 0.38 to 1 July 31, 1999 and March 2005 0.71 to 1 October 31, 2000 2.00 2005 0.61 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.1

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- Fixed Charge Coverage Ratio for any the period of four consecutive four-fiscal quarter period ending on quarters immediately preceding the determination date of each quarter to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and (i) 1.35 to 1.00 at March 31, 2000 2.00 or (ii) 1.50 to 1.00; Quarter ending on September 1.00 at June 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00and thereafter, as of the end of each fiscal quarter.

Fixed Charge Coverage Ratio. Borrower The Borrowers shall not permit its --------------------------- the Fixed Charge Coverage Ratio Ratio, determined on a consolidated basis for the Borrowers and their consolidated Subsidiaries, for the twelve (12) months ending as of the last day of any consecutive four-fiscal quarter period ending on the date of each quarter Fiscal Quarter, to be less than the ratio set forth opposite such amount specified in the table below for the corresponding period below: Quarters ending on specified below for each Fiscal Quarter. Fiscal Quarter Ended March 31, 2006 0.50:1.00 Fiscal Quarter Ended June 30, 1999, 2006 1.50:1.00 Fiscal Quarter Ended September 30, 1999, 2006 1.50:1.00 Fiscal Quarter Ended December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.2006 2.50:1.00

Fixed Charge Coverage Ratio. The Borrower shall and Holdings will not permit its --------------------------- the Fixed Charge Coverage Ratio for Ratio, determined as of the last day of any consecutive four-fiscal quarter ending during any period ending on the date of each quarter set forth below, to be less than the ratio set forth opposite such period belowperiod: Quarters ending on June 30, 1999, September 30, 1999, December 31, PERIOD MINIMUM RATIO Third fiscal quarter 1999 and March 31, .90 to 1.0 Fourth fiscal quarter 1999 .90 to 1.0 First fiscal quarter 2000 2.00 .90 to 1.00; Quarter ending on September 30, 1.0 Second fiscal quarter 2000 1.85 1.0 to 1.00; Each 1.0 Third fiscal quarter thereafter 2.00 2000 1.10 to 1.00.1.0 Fourth fiscal quarter 2000 1.10 to 1.0

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-Ratio, calculated as of the end of each fiscal quarter period commencing with the fiscal quarter ending on the date of each quarter September 30, 1996 then ended to be less than (i) 1.25 to 1.00 during the ratio set forth opposite such period below: Quarters ending beginning on June 30, 1999, September 30, 1999, December 31, 1999 the Closing Date and through March 31, 2000 2.00 1998, and (ii) 1.50 to 1.00; Quarter ending 1.00 for the period beginning on September 30April 1, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.001998 and at all times thereafter.

Fixed Charge Coverage Ratio. For each Fiscal Quarter commencing with the Fiscal Quarter ending September 30,2001, Borrower shall not permit its --------------------------- maintain a Fixed Charge Coverage Ratio (measured on a quarterly basis for any consecutive four-fiscal quarter period ending on each of the date of each quarter to be less than the ratio set forth opposite such period below: Fiscal Quarters ending on June 30, 1999, September 30, 199930,2001, December 31, 1999 2001, March 31,2002 and March 31June 30, 2000 2.00 to 1.002002; and commencing with the Fiscal Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.2002 and for each Fiscal Quarter there- after, Fixed Charge Coverage Ratio shall be measured on a rolling twelve (12) month basis) as of the last day of each such Fiscal Quarter, of not less than the amount set forth below:

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for any period of four consecutive four-fiscal quarter quarters ending during any period ending on set forth below (inclusive of the date specified first and last day of each quarter such period) to be less than the ratio set forth below opposite such period belowperiod: Quarters ending on June 30Period Ratio Effective Date-December 25, 1999 1.25 to 1.00 December 26, 1999, September 30, 1999, -December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 1.35 to 1.00 after December 30, 2000 1.50 to 1.00; Each quarter thereafter 2.00 to 1.00.

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- As determined as of the end of each fiscal quarter of the Borrower, the Fixed Charge Coverage Ratio for any consecutive four-such fiscal quarter period ending on the date of each quarter to shall be not less than the ratio set forth opposite (a) if such period below: Quarters ending fiscal quarter ends on March 29, 1997, .80 to 1.00, (b) if such fiscal quarter ends on June 3028, 19991997, .70 to 1.00, (c) if such fiscal quarter ends on September 3027, 19991997, .50 to 1.00 or (d) if such fiscal quarter ends on December 31, 1999 and March 311997, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 .90 to 1.00.

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Permit the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than (a) 1.75 to 1.00 during the ratio set forth opposite such period below: Quarters ending on June 30fiscal quarter ended May 1, 19992010, September 30(b) 2.25 to 1.00 at the end of any fiscal quarter through and including the third fiscal quarter of 2012, 1999, December 31, 1999 and March 31, 2000 2.00 (c) 1.40 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each 1.00 at the end of the fourth fiscal quarter thereafter 2.00 to 1.00of 2012 and thereafter." (c) Section 8.2.13 of the Credit Agreement is hereby amended and restated as follows:

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- Fixed Charge Coverage Ratio for any consecutive four-the fiscal quarter period year ending on or about the determination date of each quarter to be less than the ratio set forth opposite such period below: Quarters ending on (i) 1.50 to 1.00 at June 30, 19992000, September (ii) 1.10 to 1.00 at June 30, 1999, December 31, 1999 2001 and March 31, 2000 2.00 (iii) 1.20 to 1.00; Quarter ending on September 1.00 at June 30, 2000 1.85 to 1.00; Each quarter 2002 and thereafter 2.00 to 1.00.as of each subsequent fiscal year end of the Borrower. [SECOND AMENDMENT TO CREDIT AGREEMENT]

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-as of (a) the fiscal quarter period ending on the date of each quarter March 31, 2016 to be less than 1.25 to 1.00, (b) the ratio set forth opposite such period below: Quarters fiscal quarter ending on June 30, 19992016 to be less than 1.75 to 1.00, (c) the fiscal quarter ending September 30, 19992016 to be less than 2.25 to 1.00, (d) the fiscal quarter ending December 31, 1999 2016 to be less than 2.50 to 1.00, and (e) each fiscal quarter ending on or after March 31, 2000 2.00 to 1.00; Quarter ending on September 302017, 2000 1.85 to 1.00; Each quarter thereafter 2.00 3.00 to 1.00.

Fixed Charge Coverage Ratio. The Borrower shall not permit and its --------------------------- Subsidiaries will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2005, a Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be not less than the ratio set forth opposite such period belowthan: Fiscal Quarters ending on June 30, 1999, 2005 and September 30, 1999, 2005 1.00:1.00 Fiscal Quarters ending December 31, 1999 2005 and March 31, 2000 2.00 to 1.00; 2006 1.25:1.00 Each Fiscal Quarter ending on September 30after March 31, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.2006 1.50:1.00

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for as of the end of any consecutive four-fiscal quarter period ending on the date of each quarter Fiscal Quarter to be less than the ratio ratios set forth opposite such period below: below for the four Fiscal Quarters ending on the dates below: December 31, 2011 1.00:1.00 March 31, 2012 1.00:1.00 June 30, 1999, 2012 1.00:1.00 September 30, 1999, 2012 1.00:1.00 December 31, 1999 and 2012 1.25:1.00 March 31, 2000 2.00 to 1.00; Quarter ending on 2013 1.25:1.00 June 30, 2013 1.25:1.00 September 30, 2000 1.85 to 1.00; Each quarter 2013 1.50:1.00 December 31, 2013 1.50:1.00 March 31, 2014 and thereafter 2.00 to 1.00.1.50:1.00

Fixed Charge Coverage Ratio. Commencing on September 30, 2022, the Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 1.20 to 1.00; Quarter ending , as tested on September 30, 2000 1.85 to 1.00; Each 2022 and on the last day of each fiscal quarter thereafter 2.00 to 1.00(in each case for the period of the four fiscal quarters most recently ended on such date of determination).

Fixed Charge Coverage Ratio. Borrower As of the end of each fiscal quarter, the Company shall not permit its --------------------------- Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than (a) 3.00 to 1 for the ratio set forth opposite such period below: Quarters fiscal quarter ending on December 31, 1996, (b) 2.75 to 1 for the fiscal quarters ending March 31, 1997, June 30, 19991997, September 30, 1999, 1997 and December 31, 1999 1997, and March 31, 2000 2.00 (c) 3.00 to 1.00; Quarter 1 for each fiscal quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00thereafter."

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- maintain, on a consolidated basis, (i) as of the end of each of the fiscal quarters ending September 30, 1995 and December 31, 1995, a Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on not less than 2.25 to 1.0, (ii) as of the date end of each quarter to be less than of the ratio set forth opposite such period below: Quarters fiscal quarters ending on March 31, 1996, June 30, 1999, 1996 and September 30, 19991996, December 31, 1999 and March 31, 2000 a Fixed Charge Coverage Ratio not less than 2.00 to 1.00; Quarter ending on September 301.0 and (iii) as of the end of each fiscal quarter thereafter, 2000 1.85 a Fixed Charge Coverage Ratio not less than 2.50 to 1.00; Each quarter thereafter 2.00 to 1.001.0.

Fixed Charge Coverage Ratio. The Borrower shall not will not, as of the end of any fiscal quarter, permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive the four-fiscal quarter period ending on ended as of the date end of each such fiscal quarter to be less than the ratio set forth opposite such following amounts for the following periods: (i) 1.25 to 1 for the period below: Quarters ending commencing on June 30April 1, 1999, September 30, 1999, December 31, 1999 2007 to and including March 31, 2000 2.00 2008 and (ii) 1.4 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.001 thereafter. 12. Section 6.15(a)(vi) is hereby deleted in its entirety and the following Section is inserted in its place:

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- At all times during the term hereof the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to shall not be less than the ratio set forth opposite such following: 1.0:1. 0 for the period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter beginning with the fiscal quarter ending on September 30, 2000 1.85 to 1.002003 and the fiscal quarter ending December 31, 2004; 0.8:1. 0 for the fiscal quarters ending March 31, 2005, June 30, 2005 and September 30, 2005; 0.9:1 0 for the fiscal quarter ending December 31, 2005; Each and 1.0:1. 0 for each fiscal quarter thereafter 2.00 to 1.00thereafter.

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Borrower's Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending Ratio, measured on a rolling four (4) Fiscal Quar ters' basis as of the date end of each quarter Fiscal Quarter, commencing with the Fiscal Quarter ended closest to December 31, 1997, shall be (i) not less than 1.80:1, for the ratio set forth opposite such period below: Fiscal Quarters ending on closest to December 31, 1997, March 31, 1998 and June 30, 19991998, (ii) not less than 1.90:1, for the Fiscal Quarter ending closest to September 30, 19991998; and (iii) not less than 2.00:1, December 31, 1999 and March 31, 2000 2.00 to 1.00; for each Fiscal Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00thereafter.

Fixed Charge Coverage Ratio. Borrower shall not permit its Fixed --------------------------- Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter Quarters ending on June 30, 2000 and September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.. -----------------------

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- will maintain a Fixed Charge Coverage Ratio (to be tested quarterly, and except as set forth in (i) and (ii) below for any consecutive four-the four fiscal quarters then ended) of not less than (i) 1.15 to 1.00 for the fiscal quarter period ending on March 31, 1998; (ii) 1.20 to 1.00 for the date of each quarter to be less than the ratio set forth opposite such period below: Quarters two fiscal quarters ending on June 30, 19991998, and for the three fiscal quarters ending September 30, 1999, 1998; (iii) 1.20 to 1.00 for the four fiscal quarters ending December 31, 1999 1998; and March 31, 2000 2.00 (iv) 1.25 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.001.00 thereafter.

Fixed Charge Coverage Ratio. Borrower The BORROWERS shall maintain a FIXED CHARGE COVERAGE RATIO of not permit its --------------------------- Fixed Charge Coverage Ratio less than: (a) 1.0 to 1.0 for any consecutive four-the four fiscal quarter period ending on June 30, 2005; and (b) 1.75 to 1.0 for each four fiscal quarter period ending on the date last day of each fiscal quarter to be less other than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.002005.

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 301 at the end of any Fiscal Quarter, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00calculated for the twelve Fiscal Periods preceding the date of determination.

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on Ratio, calculated as of the date end of each quarter Fiscal Quarter, for the four preceding Fiscal Quarters, to be less than the ratio set forth opposite such below during the corresponding period set forth below: Quarters ending on June 30September 1, 1999, September 30, 1999, December 2006 through May 31, 1999 and March 2007 1.75:1.00 June 1, 2007 through August 31, 2000 2.00 to 1.00; Quarter ending on 2007 2:25:1.00 September 301, 2000 1.85 to 1.00; Each quarter 2007 and at all times thereafter 2.00 to 1.00.2.50:1.00

Fixed Charge Coverage Ratio. Borrower shall not permit Permit its --------------------------- Fixed Charge Coverage Ratio for any consecutive four-the fiscal quarter period ending on the date of January 31, 2014 and each quarter January 31, April 30, July 31 and October 31, thereafter to be less than 1.20:1 calculated quarterly on a trailing four (4) quarter basis; provided, however, that this Section 0 shall not be applicable with respect to the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December fiscal quarter ended October 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.002013.

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for any period of four consecutive four-fiscal quarter period quarters ending on the any date of each quarter during any period set forth below, to be less than the ratio set forth below opposite such period belowperiod: Quarters ending on June 30Period Ratio February 1, 1999, September 30, 1999, December 2005 through October 31, 1999 and March 2005 1.25 to 1.00 November 1, 2005 through July 31, 2000 2.00 2006 1.30 to 1.00 August 1, 2006 through July 31, 2008 1.35 to 1.00 Thereafter 1.40 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-as of each fiscal quarter period ending end occurring on the date of each quarter or after September 30, 2009 to be less than (a) 0.75 to 1.00 for the ratio set forth opposite such period below: Quarters fiscal quarter ending on September 30, 2009, (b) 1.10 to 1.00 for the fiscal quarters ending December 31, 2009, March 31, 2010 and June 30, 1999, September 30, 1999, December 31, 1999 2010 and March 31, 2000 2.00 (c) 1.25 to 1.00; Quarter 1.00 for each fiscal quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00thereafter. (q) Section 6.21 (

Fixed Charge Coverage Ratio. Calculated as of the end of each of Borrower’s fiscal quarters, commencing with the fiscal quarter which ends June 30, 2012, Borrower shall will not permit its --------------------------- a Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period the twelve (12) months ending on the date last day of each quarter such fiscal quarter, to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 1.00 to 1.00; Quarter ending on September 30. For purposes of this section, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.the following terms have the following meanings:

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than the ratio set forth opposite such below, tested at the end of each fiscal quarter of Borrower for the applicable measurement period set forth below: Quarters , commencing with the fiscal quarter ending on June 30, 19992016: Fiscal Quarter Ending On: Minimum Fixed Charge Coverage Ratio: Measurement Period: June 30, 2016 1.00 to 1.00 Fiscal quarter then ending September 30, 1999, 2016 and December 31, 1999 and 2016 1.05 to 1.00 Fiscal quarter then ending March 31, 2000 2.00 2017 and thereafter 1.10 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.1.00 Four fiscal quarters then ending

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than 1.25 to 1.00 for the ratio set forth opposite such period below: Quarters fiscal quarter ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter 2017 and for each fiscal quarter end thereafter. For the purposes of determining compliance with the Fixed Charge Coverage Ratio covenant, for the fiscal quarter ending March 31, 2017 and for each fiscal quarter end thereafter, numerator and denominator components of such ratio shall be calculated on September 30, 2000 1.85 to 1.00; Each a rolling four (4) quarter thereafter 2.00 to 1.00basis for the twelve (12) month period ending as of each applicable fiscal quarter.

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- maintain a Fixed Charge Coverage Ratio for any consecutive four-(tested at the end of each fiscal quarter period for the four fiscal quarters then ended) of not less than: (i) 1.10 to 1.00 beginning with the fiscal quarter ending September 30, 2001 through the fiscal quarter ending on March 31, 2005 and (ii) 0.75 to 1.00 for each fiscal quarter beginning with the date of each fiscal quarter to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 2005 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00thereafter."

Fixed Charge Coverage Ratio. The Parent, the Borrower shall and their Subsidiaries on a consolidated basis will not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on Ratio, measured at the date end of each fiscal quarter, beginning March 1997, on a Fiscal Year to date basis for 1997 and a rolling four quarter basis thereafter, to be less than the ratio set forth below opposite such period belowfiscal quarter: Quarters ending on Period Ratio March 1997 0.5 to 1.0 June 30, 1999, 1997 0.8 to 1.0 September 30, 1999, 1997 1.0 to 1.0 December 31, 1997 1.1 to 1.0 through June 1999 September 1999 1.15 to 1.0 December 1999 and March 31, 2000 2.00 1.2 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.1.0 thereafter

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-as of each fiscal quarter period ending on the date of each quarter end to be less than the ratio set forth opposite such period below: Quarters (a) 1.15 to 1.00 for each fiscal quarter ending on June 30, 1999, or after September 30, 1999, 2013 but prior to December 31, 1999 2016 and March (b) 1.25 to 1.00 for each fiscal quarter ending on or after December 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.002016.

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-Ratio, determined as of the end of each of its fiscal quarters starting with the fiscal quarter period ending on the date of each quarter February 28, 2006, to be less than 1.15 to 1.00 for the ratio set forth opposite such period below: Quarters fiscal quarter ending on June 30February 28, 1999, September 30, 1999, December 31, 1999 2006 and March 31, 2000 2.00 1.25 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.001.00 for all fiscal quarters thereafter.

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Permit the Fixed Charge Coverage Ratio for Ratio, as of the end of any consecutive four-fiscal quarter period ending on of the date of each quarter Borrower, to be less than the ratio set forth opposite correlative amount indicated below for such period belowfiscal quarter: Quarters ending on June 30, 1999, September 30, 1999, 2004 1.25:1 December 31, 1999 and 2004 1.25:1 March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each 2005 and as of the last day of each fiscal quarter thereafter 2.00 to 1.00.1.50:1 Table of Contents

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Permit the Fixed Charge Coverage Ratio for as of the end of any consecutive four-fiscal quarter period ending on of the date of each quarter Borrower, calculated for the four consecutive fiscal quarters then ended, to be less than the ratio set forth below opposite such period belowfiscal quarter: Quarters ending on June 30, 1999, September 30, 1999, Closing through December 31, 1999 and 2003 3.25 to 1.0 March 31, 2000 2.00 2004 through December 31, 2004 3.75 to 1.00; Quarter ending on September 301.0 March 31, 2000 1.85 to 1.00; Each 2005 and each fiscal quarter thereafter 2.00 4.25 to 1.00.1.0

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- The Fixed Charge Coverage Ratio of Initial Borrower and the Included Subsidiaries on a consolidated basis at the end of each Fiscal Quarter ending on December 31 and June 30 of each fiscal year for any consecutive four-fiscal quarter the twelve Fiscal Month period ending on the date of each quarter to such Fiscal Quarter shall not be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 1.20 to 1.00.

Fixed Charge Coverage Ratio. Borrower shall The Borrowers and their Subsidiaries will not permit its --------------------------- the Fixed Charge Coverage Ratio for Ratio, as of the last day of any consecutive four-fiscal quarter period for the four consecutive fiscal quarters ending on the date of each quarter dates indicated, to be less than (a) 1.20 to 1.00 for the ratio set forth opposite such period below: Quarters fiscal quarter ending on June 30, 1999, September 30, 19992012 through the fiscal quarter ending September 30, 2013, (b) 1.25 to 1.00 for the fiscal quarter ending December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter 2013 through the fiscal quarter ending on September 30, 2000 1.85 2014 and (c) 1.30 to 1.00; Each 1.00 for each fiscal quarter thereafter 2.00 to 1.00thereafter.

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than (a) 1.25 to 1 at the ratio set forth opposite such period below: Quarters end of the fiscal quarters ending on March 31, 1998, June 30, 1999, 1998 and September 30, 19991998, December 31calculated in each case from January 1, 1999 1998 to and March 31including each such fiscal quarter and (b) 1.50 to 1 at the end of any fiscal quarter thereafter, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00calculated for the four fiscal quarters preceding the date of determination.

Fixed Charge Coverage Ratio. The Borrower shall will not --------------------------- permit its --------------------------- the Fixed Charge Coverage Ratio for of the Borrowers, as of the last day of any consecutive four-fiscal quarter period ending on or after September 27, 1997, for the date of each quarter four consecutive fiscal quarters ending on that date, to be less than the ratio set forth opposite such period belowthan: Quarters (i) 1.05 to 1.0, for any fiscal quarter ending on June 30or prior to October 2, 1999; and (ii) 1.1 to 1.0, September 30for any fiscal quarter ending after October 2, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- for the fiscal quarter ended March 31, 2001, and for each fiscal quarter end thereafter, the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter Ratio, to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 1.25 to 1.00.

Fixed Charge Coverage Ratio. Borrower shall The Borrowers will not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-the immediately preceding four fiscal quarters (including the fiscal quarter period ending on the date of each quarter such date) to be less than the ratio set forth opposite such period belowfollowing amounts as of the end of each fiscal quarter ending during the following periods: Quarters ending on June 30, 1999, Minimum Fixed Charge Period Coverage Ratio ------ -------------------- September 30, 19991996 through December 30, 1996 1.00:1 December 31, 1999 1996 and March 31, 2000 2.00 to 1.00; Quarter each fiscal quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.1.10:1

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Borrower's Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending Ratio, measured on a rolling four (4) Fiscal Quar ters' basis as of the date end of each quarter Fiscal Quarter, commencing with the Fiscal Quarter ended closest to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 311996, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00shall be not less than 2:1.

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Permit the Fixed Charge Coverage Ratio for any consecutive four-Ratio, as determined as of December 28, 1996 and as of the end of each fiscal quarter thereafter of the Borrower's fiscal year, in all instances for the period ending on of the date of each quarter four fiscal quarters then ending, to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.001.0:1.0; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.(b)

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Permit, for the four consecutive fiscal quarters ending September 30, 1996 and for each period of four consecutive fiscal quarters ending thereafter, the Consolidated Fixed Charge Coverage Ratio for any consecutive four-of the Borrower and its Subsidiaries, calculated at the end of each fiscal quarter period ending on of the date of each quarter Borrower, to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 1.25 to 1.00.

Fixed Charge Coverage Ratio. Borrower and each Guarantor shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than the ratio set forth opposite such period belowfiscal quarter: Quarters ending on Fiscal Quarter Ending Ratio March 31, 1998 1.75 to 1 June 30, 1999, 1998 1.75 to 1 September 30, 1999, 1998 1.75 to 1 December 31, 1999 1998 and March 31, 2000 2.00 each 2 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each 1 fiscal quarter thereafter 2.00 to 1.00.thereafter

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Permit, for the four consecutive fiscal quarters ending March 31, 1998 and for each four consecutive fiscal quarters ending thereafter, the Consolidated Fixed Charge Coverage Ratio for any consecutive four-of the Borrower and its Subsidiaries, calculated at the end of each fiscal quarter period ending on of the date of each quarter Borrower, to be less than the ratio set forth opposite for each such period below: Quarters ending on June 30period, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 4.75 to 1.00.

Fixed Charge Coverage Ratio. Borrower The Borrowers shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than 1.30 to 1.0, calculated as of July 1, 2014 for the ratio set forth opposite such period below: equal to the four (4) consecutive Fiscal Quarters ending on June 30then ended, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 as of the end of each Fiscal Quarter thereafter for the period equal to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00the four (4) consecutive Fiscal Quarters then ending.

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Permit the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on Ratio, (i) as of the date end of each quarter of the fiscal quarters ending December 31, 2000, March 31, 2001, June 30, 2001 and September 30, 2001, in each case for the prior four consecutive fiscal quarters, to be less than 1.15, and (ii) as of the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each end of any fiscal quarter thereafter 2.00 for the prior four consecutive fiscal quarters, to 1.00be less than 1.20 to 1.

Fixed Charge Coverage Ratio. Borrower The Borrowers shall not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on the date of each quarter to be less than the ratio set forth opposite such period below: Quarters ending on June 301.30 to 1.0, 1999, calculated as of September 30, 19992011 for the period equal to the four (4) consecutive Fiscal Quarters then ended, December 31, 1999 and March 31, 2000 2.00 as of the end of each Fiscal Quarter thereafter for the period equal to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00the four (4) consecutive Fiscal Quarters then ending.

Fixed Charge Coverage Ratio. The Borrower shall will not permit its the --------------------------- Fixed Charge Coverage Ratio for any period of four consecutive four-fiscal quarter period ending quarters, in each case taken as one accounting period, ended on the a date of each quarter set forth below to be less than the ratio set forth opposite such period belowdate: Quarters ending on Fiscal Quarter Ended Ratio -------------------- ----- June 30, 1999, 2002 1.20 to 1.0 September 30, 1999, 2002 1.20 to 1.0 December 31, 1999 and 2002 1.25 to 1.0 March 31, 2000 2.00 2003 1.40 to 1.00; Quarter ending on September 30, 2000 1.85 1.0 Thereafter 1.50 to 1.00; Each quarter thereafter 2.00 to 1.00.1.0

Fixed Charge Coverage Ratio. The Borrower shall not permit its --------------------------- will maintain a Fixed Charge Coverage Ratio (to be tested quarterly, and except as set forth in (i) and (ii) below for any consecutive four-the four fiscal quarters then ended) of not less than (i) 1.15 to 1.00 for the fiscal quarter period ending on March 31, 1998 and the date of each quarter to be less than the ratio set forth opposite such period below: Quarters two fiscal quarters ending on June 30, 1999, 1998; (ii) 1.17 to 1.00 for the three fiscal quarters ending September 30, 1999, 1998; (iii) 1.20 to 1.00 for the four fiscal quarters ending December 31, 1999 1998; and March 31, 2000 2.00 (iv) 1.25 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.001.00 thereafter.

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- Permit the Fixed Charge Coverage Ratio for any consecutive four-Ratio, as determined as of December 28, 1996 and as of the end of each fiscal quarter thereafter of the Borrower's fiscal year, in all instances for the period ending on of the date of each quarter four fiscal quarters then ending, to be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.001.25:1.0; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.(b)

Fixed Charge Coverage Ratio. As of the end of each Fiscal Quarter set forth below, the Borrower shall not permit its --------------------------- the Fixed Charge Coverage Ratio calculated as of the end of such Fiscal Quarter, for any consecutive four-fiscal quarter period ending on the date of each quarter preceding twelve (12) Fiscal Periods then ending, to be less than the ratio set forth below opposite such period belowFiscal Quarter: Quarters ending on June 30November 3, 19992008 1.80 to 1.00 February 3, September 302009 1.80 to 1.00 May 3, 19992009 1.50 to 1.00 August 3, December 312009 1.30 to 1.00 November 3, 1999 2009 1.30 to 1.00 February 3, 2010 through May 3, 2011 1.50 to 1.00 August 3, 2011 and March 31, 2000 2.00 thereafter 1.60 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00.

Fixed Charge Coverage Ratio. The Borrower shall will not permit its --------------------------- the Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on Ratio, determined as of the date end of each quarter of its fiscal quarters, to be less than 1.15 to 1.0 for all fiscal quarters ending prior to August 31, 2003, and 1.20 to 1.0 beginning with the ratio set forth opposite such period below: Quarters fiscal quarter ending on June 30, 1999, September 30, 1999, December or closest to August 31, 1999 2003, and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.00thereafter.

Fixed Charge Coverage Ratio. Borrower shall not permit its --------------------------- The Borrower's Fixed Charge Coverage Ratio for any consecutive four-fiscal quarter period ending on Ratio, as at the date end of each quarter to Fiscal Quarter, beginning with the Fiscal Quarter ending June 30, 1998, shall not be less than the ratio set forth opposite such period below: Quarters ending on June 30, 1999, September 30, 1999, December 31, 1999 and March 31, 2000 2.00 to 1.00; Quarter ending on September 30, 2000 1.85 to 1.00; Each quarter thereafter 2.00 to 1.001.1:1.0.