Common use of Minimum Adjusted EBITDA Clause in Contracts

Minimum Adjusted EBITDA. Beginning with the Fiscal Quarter ending December 31, 2019, the Parent and each Borrower shall not permit EBITDA for the most recently ended four Fiscal Quarter period for which financial statements have been delivered pursuant to Section 6.1(a) or (b) to be less than the minimum amount set forth below as set forth opposite such ended Fiscal Quarter: Test Period End Date Adjusted EBITDA December 31, 2019 $ 430,000,000.00 March 31, 2020 $ 470,000,000.00 June 30, 2020 $ 530,000,000.00 September 30, 2020 $ 880,000,000.00 December 31, 2020 $ 960,000,000.00 March 31, 2021 $ 1,090,000,000.00 June 30, 2021 $ 1,210,000,000.00

Minimum Adjusted EBITDA. Beginning with the Fiscal Quarter ending December March 31, 20192020, the Parent and each Borrower shall not permit EBITDA for the most recently ended four Fiscal Quarter period for which financial statements have been delivered pursuant to Section 6.1(a) or (b) to be less than the minimum amount set forth below as set forth opposite such ended Fiscal Quarter: Test Period End Date Adjusted EBITDA December 31, 2019 $ 430,000,000.00 March 31, 2020 $ 470,000,000.00 Not tested. June 30, 2020 $ 530,000,000.00 $230,000,000.00 September 30, 2020 $ 880,000,000.00 $410,000,000.00 December 31, 2020 $ 960,000,000.00 March 31, 2021 $ 1,090,000,000.00 June 30, 2021 $ 1,210,000,000.00$640,000,000.00

Minimum Adjusted EBITDA. Beginning with the Fiscal Quarter ending December 31, 2019, the Parent and each Borrower The Borrowers shall not permit permit, with respect to the fiscal quarter ending June 30, 2001 and for each fiscal quarter thereafter, Adjusted EBITDA for the most recently ended immediately preceding four Fiscal Quarter (4) fiscal quarter period for which financial statements have been delivered pursuant to Section 6.1(a) or (b) to be less than the minimum amount set forth specified below as set forth opposite for such ended Fiscal Quarterperiod: Test Period End Date Quarters Endings Minimum Adjusted EBITDA ---------------- ----------------------- June 30, 2001 $4,500,000 September 30, 2001 $4,800,000 December 31, 2019 $ 430,000,000.00 2001 $4,400,000 March 31, 2020 $ 470,000,000.00 June 30, 2020 $ 530,000,000.00 September 30, 2020 $ 880,000,000.00 December 31, 2020 $ 960,000,000.00 March 31, 2021 $ 1,090,000,000.00 June 30, 2021 $ 1,210,000,000.002002 $7,000,000