Common use of Pro Forma Leverage Ratio Clause in Contracts

Pro Forma Leverage Ratio. Each of the Borrower and Holdings will not permit the Pro Forma Leverage Ratio to exceed, as of the last day of any fiscal quarter ending during any period set forth below, the ratio set forth opposite such period: Period Total Leverage Ratio ------ -------------------- Fourth fiscal quarter 1999 to and including third fiscal quarter 2000 4.25 to 1.0 Fourth fiscal quarter 2000 and thereafter 4.0 to 1.0

Pro Forma Leverage Ratio. Each of the Borrower and Holdings will not permit the Pro Forma Leverage Ratio to exceed, as of the last day of any fiscal quarter ending during any period set forth below, the ratio set forth opposite such period: Period Total Leverage Ratio ------ -------------------- Fourth fiscal quarter 1999 to and including third fiscal quarter 2000 4.25 to 1.0 Fourth fiscal quarter 2000 and thereafter 4.0 to 1.0--------------------