Common use of Maximum Consolidated Net Leverage Ratio Clause in Contracts

Maximum Consolidated Net Leverage Ratio. Pursuant to Section 6.12(a) of the Credit Agreement, as of the Reporting Date, the Borrower’s Consolidated Net Leverage Ratio was to 1.00 which o satisfies o does not satisfy the requirement that such ratio be no more than to 1.00 on the Reporting Date.

Maximum Consolidated Net Leverage Ratio. Pursuant to Section 6.12(a) of the Credit Agreement, as of the Reporting Date, the Borrower’s Consolidated Net Leverage Ratio was _____ to 1.00 which o ¨ satisfies o ¨ does not satisfy the requirement that such ratio be no more than to 1.00 the applicable ratio set forth below on the Reporting Date.. January 31, 2015 3.00:1.00 April 30, 2015 3.00:1.00 July 31, 2015 2.75:1.00 October 31, 2015 2.75:1.00 January 31, 2016 and the end of each Fiscal Period thereafter 2.50:1.00

Maximum Consolidated Net Leverage Ratio. Pursuant to Section 6.12(a) of the Credit Agreement, as of the Reporting Date, the Borrower’s Consolidated Net Leverage Ratio was _____ to 1.00 which o ¨ satisfies o ¨ does not satisfy the requirement that such ratio be no more than to 1.00 the applicable ratio set forth below on the Reporting Date.