Common use of Maximum Consolidated Senior Secured Leverage Ratio Clause in Contracts

Maximum Consolidated Senior Secured Leverage Ratio. The Servicer will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Servicer set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio December 31, 2010 5.00:1.00 March 31, 2011 5.00:1.00 June 30, 2011 5.00:1.00 September 30, 2011 5.00:1.00 December 31, 2011 4.25:1.00 March 31, 2012 4.25:1.00 June 30, 2012 4.00:1.00 September 30, 2012 3.75:1.00 December 31, 2012 3.50:1.00 March 31, 2013 3.25:1.00 June 30, 2013 3.25:1.00 September 30, 2013 3.25:1.00 December 31, 2013, 3.00:1.00 and thereafter

Maximum Consolidated Senior Secured Leverage Ratio. The Servicer will Manitowoc shall cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Servicer Manitowoc set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio December 31, 2010 5.00:1.00 March 31, 2011 5.00:1.00 June 30, 2011 5.00:1.00 September 30, 2011 5.00:1.00 December 31, 2011 4.25:1.00 March 31, 2012 4.25:1.00 4.00:1.00 4.00:1.00 3.875:1.00 3.75:1.00 June 30, 2012 4.00:1.00 September 30, 2012 3.75:1.00 December 31, 2012 3.50:1.00 March 31, 2013 3.50:1.00 3.50:1.00 3.50:1.00 3.50:1.00 June 30, 2013 September 30, 2013 December 31, 2013 March 31, 2014 3.25:1.00 3.25:1.00 3.25:1.00 3.25:1.00 June 30, 2013 3.25:1.00 2014 September 30, 2013 3.25:1.00 2014 December 31, 20132014, 3.00:1.00 and thereafterthereafter 3.25:1.00 3.25:1.00 3.00:1.00

Maximum Consolidated Senior Secured Leverage Ratio. The Servicer will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Servicer set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio December 31, 2010 5.00:1.00 March 31, 2011 5.00:1.00 June 30, 2011 5.00:1.00 4.00:1.00 September 30, 2011 5.00:1.00 4.00:1.00 December 31, 2011 4.25:1.00 3.875:1.00 March 31, 2012 4.25:1.00 3.75:1.00 June 30, 2012 4.00:1.00 3.50:1.00 September 30, 2012 3.75:1.00 3.50:1.00 December 31, 2012 3.50:1.00 March 31, 2013 3.25:1.00 3.50:1.00 June 30, 2013 3.25:1.00 September 30, 2013 3.25:1.00 December 31, 20132013 3.25:1.00 March 31, 2014 3.25:1.00 June 30, 2014 3.25:1.00 September 30, 2014 3.25:1.00 December 31, 2014, 3.00:1.00 and thereafter

Maximum Consolidated Senior Secured Leverage Ratio. The Servicer Borrower will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Servicer Borrower set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio December 31, 2010 5.00:1.00 March 31, 2011 5.00:1.00 5.00:1.00 June 30, 2011 5.00:1.00 September 30, 2011 5.00:1.00 December 31, 2011 4.25:1.00 March 31, 2012 5.00:1.00 5.00:1.00 4.25:1.00 4.25:1.00 June 30, 2012 4.00:1.00 September 30, 2012 3.75:1.00 December 31, 2012 3.50:1.00 March 31, 2013 4.00:1.00 3.75:1.00 3.50:1.00 3.25:1.00 June 30, 2013 3.25:1.00 September 30, 2013 3.25:1.00 December 31, 2013, 3.00:1.00 and thereafterthereafter 3.25:1.00 3.25:1.00 3.00:1.00

Maximum Consolidated Senior Secured Leverage Ratio. The Servicer Borrower will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Servicer Borrower set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio December 31, 2010 5.00:1.00 4.50:1.00 March 31, 2011 5.00:1.00 4.50:1.00 June 30, 2011 5.00:1.00 4.50:1.00 September 30, 2011 5.00:1.00 4.50:1.00 December 31, 2011 4.25:1.00 4.125:1.00 March 31, 2012 4.25:1.00 4.00:1.00 June 30, 2012 4.00:1.00 3.75:1.00 September 30, 2012 3.75:1.00 3.50:1.00 December 31, 2012 3.50:1.00 3.25:1.00 March 31, 2013 3.25:1.00 June 30, 2013 3.25:1.00 September 30, 2013 3.25:1.00 December 31, 2013, 3.00:1.00 and thereafter

Maximum Consolidated Senior Secured Leverage Ratio. The Servicer Borrower will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Servicer Borrower set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio December 31, 2010 5.00:1.00 March 31, 2011 5.00:1.00 June 30, 2011 5.00:1.00 4.00:1.00 September 30, 2011 5.00:1.00 4.00:1.00 December 31, 2011 4.25:1.00 3.875:1.00 March 31, 2012 4.25:1.00 3.75:1.00 June 30, 2012 4.00:1.00 3.50:1.00 September 30, 2012 3.75:1.00 3.50:1.00 December 31, 2012 3.50:1.00 March 31, 2013 3.25:1.00 3.50:1.00 June 30, 2013 3.25:1.00 September 30, 2013 3.25:1.00 December 31, 2013, 3.25:1.00 March 31, 2014 3.25:1.00 June 30, 2014 3.25:1.00 September 30, 2014 3.25:1.00 December 31, 2014, 3.00:1.00 and thereafter

Maximum Consolidated Senior Secured Leverage Ratio. The Servicer will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Servicer set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio December 31, 2010 5.00:1.00 4.50:1.00 March 31, 2011 5.00:1.00 4.50:1.00 June 30, 2011 5.00:1.00 4.50:1.00 September 30, 2011 5.00:1.00 4.50:1.00 December 31, 2011 4.25:1.00 4.125:1.00 March 31, 2012 4.25:1.00 4.00:1.00 June 30, 2012 4.00:1.00 3.75:1.00 September 30, 2012 3.75:1.00 3.50:1.00 December 31, 2012 3.50:1.00 3.25:1.00 March 31, 2013 3.25:1.00 June 30, 2013 3.25:1.00 September 30, 2013 3.25:1.00 December 31, 2013, 3.00:1.00 and thereafterthereafter 3.00:1.00