Common use of Interest Expense Coverage Ratio Clause in Contracts

Interest Expense Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case on the last day of any period of four consecutive fiscal quarters ending on or about any date set forth below, to be less than the ratio set forth below opposite such period: PERIOD RATIO ------ ----- June 30, 2003 1.60 to 1.00 September 30,2003 1.60 to 1.00 December 31, 2003 1.60 to 1.00 March 31, 2004 1.60 to 1.00 June 30, 2004 1.60 to 1.00 September 30, 2004 1.75 to 1.00 December 31, 2004 1.75 to 1.00 March 31, 2005 1.75 to 1.00 June 30, 2005 1.75 to 1.00 September 30, 2005 2.00 to 1.00 December 31, 2005 2.00 to 1.00 March 31, 2006 2.00 to 1.00 June 30, 2006 2.00 to 1.00 September 30, 2006 2.25 to 1.00 December 31, 2006 2.25 to 1.00 March 31, 2007 2.25 to 1.00 June 30, 2007 2.25 to 1.00 Thereafter 2.50 to 1.00

Interest Expense Coverage Ratio. The Borrower will not permit From and after the termination or expiration of the Forbearance Period, the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case on the last day of Expense for any period of four consecutive fiscal quarters ending on or about any date fiscal quarter end during any period set forth below, to shall not be less than the ratio set forth below opposite such period: PERIOD RATIO ------ ----- June 30December 1, 2003 1.60 2004 to and including 2.25 to 1.00 September 30,2003 1.60 February 28, 2005 March 1, 2005 to and including 1.95 to 1.00 December 31, 2003 1.60 to 1.00 March 31, 2004 1.60 to 1.00 June 30, 2004 1.60 to 1.00 September 30, 2004 1.75 to 1.00 December 31, 2004 1.75 to 1.00 March May 31, 2005 1.75 June 1, 2005 to and including 2.05 to 1.00 June August 31, 2005 September 1, 2005 to and including 2.05 to 1.00 November 30, 2005 1.75 December 1, 2005 to and including 2.10 to 1.00 September 30February 28, 2005 2.00 2006 PERIOD RATIO March 1, 2006 to and including 2.10 to 1.00 December 31, 2005 2.00 to 1.00 March May 31, 2006 2.00 June 1, 2006 to and including 2.15 to 1.00 June August 31, 2006 September 1, 2006 to and 2.20 to 1.00 including November 30, 2006 2.00 to 1.00 September 30December 1, 2006 and thereafter 2.25 to 1.00 December 31, 2006 2.25 to 1.00 March 31, 2007 2.25 to 1.00 June 30, 2007 2.25 to 1.00 Thereafter 2.50 to 1.00

Interest Expense Coverage Ratio. (a) The Borrower will not permit the ratio of (ai) Consolidated EBITDA (plus, without duplication, any Supplemental Interest deducted in calculating Consolidated EBITDA) to (bii) Consolidated Cash Interest ExpenseExpense (excluding any Supplemental Interest otherwise included therein) (the "Interest Expense 11 11 Coverage Ratio"), in each case on the last day of for any period of four consecutive fiscal quarters ending on or about any date during any period set forth below, to be less than the ratio set forth below opposite such period: PERIOD RATIO Period Ratio ------ ----- June 30January 1, 2003 1.60 to 1.00 September 30,2003 1.60 to 1.00 and including December 31, 2003 1.60 2.00 to 1.00 March 31January 1, 2004 1.60 to and including July 2, 2004 2.25 to 1.00 June 30July 3, 2004 1.60 to 1.00 September 30, 2004 1.75 to 1.00 and including December 31, 2004 1.75 2.50 to 1.00 March 31January 1, 2005 1.75 to and including July 1, 2005 2.75 to 1.00 June 30July 2, 2005 1.75 to 1.00 September 30, 2005 2.00 to 1.00 December 31, 2005 2.00 to 1.00 March 31, 2006 2.00 to 1.00 June 30, 2006 2.00 to 1.00 September 30, 2006 2.25 to 1.00 December 31, 2006 2.25 to 1.00 March 31, 2007 2.25 to 1.00 June 30, 2007 2.25 to 1.00 Thereafter 2.50 and thereafter 3.00 to 1.00

Interest Expense Coverage Ratio. The Borrower will not permit the ratio (the “Interest Expense Coverage Ratio”) of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case on the last day of for any period of four consecutive fiscal quarters ending on or about any date set forth below, to be less than the ratio set forth below opposite such perioddate: PERIOD RATIO ------ ----- June 30, 2003 1.60 to 1.00 September 30,2003 1.60 to 1.00 December 31, 2003 1.60 to 1.00 Date Ratio March 31, 2004 1.60 2006 1.75 to 1.00 June 30, 2004 1.60 2006 1.75 to 1.00 September 30, 2004 2006 1.75 to 1.00 December 31, 2004 1.75 to 1.00 March 31, 2005 1.75 to 1.00 June 30, 2005 1.75 to 1.00 September 30, 2005 2.00 to 1.00 December 31, 2005 2.00 to 1.00 March 31, 2006 2.00 to 1.00 June 30, 2006 2.00 to 1.00 September 30, 2006 2.25 to 1.00 December 31, 2006 2.25 1.875 to 1.00 March 31, 2007 2.25 2.00 to 1.00 June 30, 2007 2.25 to 1.00 Thereafter September 30, 2007 2.25 to 1.00 December 31, 2007 2.25 to 1.00 March 31, 2008 2.50 to 1.00 June 30, 2008 2.50 to 1.00 September 30, 2008 2.50 to 1.00 December 31, 2008 2.50 to 1.00 Date Ratio March 31, 2009 2.75 to 1.00 June 30, 2009 2.75 to 1.00 September 30, 2009 2.75 to 1.00 December 31, 2009 2.75 to 1.00 March 31, 2010 and thereafter 3.00 to 1.00

Interest Expense Coverage Ratio. The Borrower will not -------------------------------- permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case on the last day of Expense for any period of four consecutive fiscal quarters ending on or about any date set forth below, below to be less than the ratio set forth below opposite such period: PERIOD RATIO Period Ratio ------ ----- June 30November 1, 1999 1.75 to 1.0 February 1, 2000, May 1, 2000 1.85 to 1.0 August 1, 2000, November 1, 2000, February 1, 2001, May 2001 2.00 to 1.0 August 1, 2001 2.10 to 1.0 November 1, 2001 2.15 to 1.0 February 1, 2002, May 1, 2002 2.25 to 1.0 August 1, 2002 2.30 to 1.0 November 1, 2002 2.40 to 1.0 February 1, 2003 1.60 2.45 to 1.00 September 30,2003 1.60 to 1.00 December 311.0 May 1, 2003, August 1, 2003 1.60 to 1.00 March 31, 2004 1.60 to 1.00 June 30, 2004 1.60 to 1.00 September 30, 2004 1.75 to 1.00 December 31, 2004 1.75 to 1.00 March 31, 2005 1.75 to 1.00 June 30, 2005 1.75 to 1.00 September 30, 2005 2.00 to 1.00 December 31, 2005 2.00 to 1.00 March 31, 2006 2.00 to 1.00 June 30, 2006 2.00 to 1.00 September 30, 2006 2.25 to 1.00 December 31, 2006 2.25 to 1.00 March 31, 2007 2.25 to 1.00 June 30, 2007 2.25 to 1.00 Thereafter 2.50 to 1.001.0 November 1, 2003 and thereafter 2.75 to 1.0

Interest Expense Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case on the last day of Expense for any period of four consecutive fiscal quarters ending on or about any date fiscal quarter end during any period set forth below, to be less than the ratio set forth below opposite such period: PERIOD RATIO ------ ----- June Period Ratio September 1, 2004 to and including November 30, 2003 1.60 to 1.00 September 30,2003 1.60 2004 2.35 to 1.00 December 31, 2003 1.60 to 1.00 March 311, 2004 1.60 to 1.00 June 30, 2004 1.60 to 1.00 September 30, 2004 1.75 to 1.00 December 31, 2004 1.75 to 1.00 March 31and including February 28, 2005 1.75 to 1.00 June 30, 2005 1.75 to 1.00 September 30, 2005 2.00 to 1.00 December 31, 2005 2.00 to 1.00 March 31, 2006 2.00 to 1.00 June 30, 2006 2.00 to 1.00 September 30, 2006 2.25 to 1.00 December 31, 2006 2.25 to 1.00 March 1, 2005 to and including May 31, 2007 2.25 2005 1.95 to 1.00 June 1, 2005 to and including August 31, 2005 2.05 to 1.00 September 1, 2005 to and including November 30, 2007 2005 2.05 to 1.00 December 1, 2005 to and including February 28, 2006 2.10 to 1.00 March 1, 2006 to and including May 31, 2006 2.10 to 1.00 June 1, 2006 to and including August 31, 2006 2.15 to 1.00 September 1, 2006 to and including November 30, 2006 2.20 to 1.00 December 1, 2006 and thereafter 2.25 to 1.00 Thereafter 2.50 to 1.00

Interest Expense Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case on the last day of for any period of four consecutive fiscal quarters ending on or about any date set forth below, below to be less than exceed the ratio set forth below opposite such perioddate: PERIOD RATIO ------ ----- Fiscal Quarter Ending Minimum Ratio --------------------- ------------- September 30, 2002 2.25 to 1.00 December 31, 2002 2.25 to 1.00 March 31, 2003 2.25 to 1.00 June 30, 2003 1.60 2.50 to 1.00 September 30,2003 1.60 30, 2003 2.50 to 1.00 December 31, 2003 1.60 2.50 to 1.00 March 31, 2004 1.60 3.00 to 1.00 June 30, 2004 1.60 3.00 to 1.00 September 30, 2004 1.75 3.00 to 1.00 December 31, 2004 1.75 3.25 to 1.00 March 31, 2005 1.75 3.25 to 1.00 June 30, 2005 1.75 to 1.00 September 30, 2005 2.00 to 1.00 December 31, 2005 2.00 to 1.00 March 31, 2006 2.00 to 1.00 June 30, 2006 2.00 to 1.00 September 30, 2006 2.25 to 1.00 December 31, 2006 2.25 to 1.00 March 31, 2007 2.25 to 1.00 June 30, 2007 2.25 to 1.00 Thereafter 2.50 3.25 to 1.00

Interest Expense Coverage Ratio. The From and after the beginning of the first full fiscal quarter after the Funding Date (and first tested on the last date of such fiscal quarter), the Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case on the last day of Coverage Ratio for any period of four consecutive fiscal quarters of the Borrower ending on or about any date during any period set forth below, to be less than the ratio set forth below opposite such period: PERIOD RATIO ------ ----- June 30, 2003 1.60 Period Ratio Funding Date to 1.00 September 30,2003 1.60 to 1.00 December 31, 2003 1.60 to 1.00 March 31, 2004 1.60 to 1.00 June 30, 2004 1.60 to 1.00 September 30, 2004 1.75 to 1.00 December 31, 2004 1.75 to 1.00 March 31, 2005 1.75 to 1.00 June 30, 2005 1.75 to 1.00 September 30, 2005 2.00 to 1.00 December 31, 2005 2.00 to 1.00 March 31, 2006 2.00 to 1.00 June 30, 2006 2.00 to 1.00 September 30, 2006 2.25 to 1.00 December 31, 2006 2.25 to 1.00 March 31, 2007 2.25 1.15 to 1.00 April 1, 2007 to June 30, 2007 1.25 to 1.00 July 1, 2007 to September 30, 2007 1.25 to 1.00 October 1, 2007 to December 31, 2007 1.25 to 1.00 January 1, 2008 to March 31, 2008 1.25 to 1.00 April 1, 2008 to June 30, 2008 1.50 to 1.00 July 1, 2008 to September 30, 2008 1.50 to 1.00 October 1, 2008 to December 31, 2008 2.00 to 1.00 January 1, 2009 to March 31, 2009 2.00 to 1.00 April 1, 2009 to June 30, 2009 2.25 to 1.00 Thereafter July 1, 2009 to September 30, 2009 2.25 to 1.00 October 1, 2009 to December 31, 2009 2.50 to 1.00 January 1, 2010 to March 31, 2010 2.50 to 1.00 April 1, 2010 to June 30, 2010 2.75 to 1.00 July 1, 2010 to September 30, 2010 2.75 to 1.00 October 1, 2010 to December 31, 2010 3.00 to 1.00 Thereafter 3.00 to 1.00

Interest Expense Coverage Ratio. (a) The Borrower will not permit the ratio of (ai) Consolidated EBITDA (plus, without duplication, any Supplemental Interest deducted in calculating Consolidated EBITDA) to (bii) Consolidated Cash Interest ExpenseExpense (excluding any Supplemental Interest otherwise included therein) (the "Interest Expense Coverage Ratio"), in each case on the last day of for any period of four consecutive fiscal quarters ending on or about any date during any period set forth below, to be less than the ratio set forth below opposite such period: PERIOD RATIO Period Ratio ------ ----- June 30, 2003 1.60 to 1.00 September 30,2003 1.60 to 1.00 December 31, 2003 1.60 to 1.00 March 31January 1, 2004 1.60 to 1.00 June 30, 2004 1.60 to 1.00 September 30, 2004 1.75 to 1.00 and including December 31, 2004 1.75 to 1.00 March 31, 2005 1.75 to 1.00 June 30, 2005 1.75 to 1.00 September 30, 2005 2.00 to 1.00 January 1, 2005 to and including July 1, 2005 2.25 to 1.00 July 2, 2005 to and including December 31, 2005 2.00 2.50 to 1.00 March 31January 1, 2006 2.00 to 1.00 and including June 30, 2006 2.00 2.75 to 1.00 September 30July 1, 2006 2.25 to 1.00 December 31, 2006 2.25 to 1.00 March 31, 2007 2.25 to 1.00 June 30, 2007 2.25 to 1.00 Thereafter 2.50 and thereafter 3.00 to 1.00