Common use of Leverage Ratios Clause in Contracts

Leverage Ratios. (a) The Credit Parties shall not permit the Total Leverage Ratio as of the last day of any Fiscal Quarter set forth below to be greater than the maximum ratio set forth in the table below opposite such Fiscal Quarter: Fiscal Quarter Maximum Total Leverage Ratio Q4 2011 4.85:1.00 Q1 2012 4.60:1.00 Q2 2012 4.50:1.00 Q3 2012 4.30:1.00 Q4 2012 4.10:1.00 Q1 2013 4.05:1.00 Q2 2013 3.55:1.00 Q3 2013 3.45:1.00 Q4 2013 3.40:1.00 Q1 2014 and each Fiscal Quarter thereafter 3.30:1.00

Leverage Ratios. (a) The Credit Parties shall not permit the Total Leverage Ratio as of the last day of any Fiscal Quarter set forth below to be greater than the maximum ratio set forth in the table below opposite such Fiscal Quarter: Fiscal Quarter Maximum Total Leverage Ratio Q4 2011 4.85:1.00 4.20:1.00 Q1 2012 4.60:1.00 4.00:1.00 Q2 2012 4.50:1.00 3.90:1.00 Q3 2012 4.30:1.00 3.70:1.00 Q4 2012 4.10:1.00 3.55:1.00 Q1 2013 4.05:1.00 3.50:1.00 Q2 2013 3.55:1.00 3.05:1.00 Q3 2013 3.45:1.00 2.95:1.00 Q4 2013 3.40:1.00 2.90:1.00 Q1 2014 2.80:1.00 Q2 2014 and each Fiscal Quarter thereafter 3.30:1.002.75:1.00