Common use of Senior Leverage Ratio Clause in Contracts

Senior Leverage Ratio. As of the last day of each fiscal quarter of the Company (commencing June 30, 2016), the Company shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company then ended to be more than the amount set forth below for such fiscal quarter: Fiscal Quarter Ending Level June 30, 2016 3.30 to 1.00 September 30, 2016, and December 31, 2016 3.85 to 1.00 March 31, 2017 3.575 to 1.00 June 30, 2017, and each fiscal quarter thereafter 3.30 to 1.00

Senior Leverage Ratio. As of the last day of each fiscal quarter of the The Company (commencing June 30, 2016), the Company shall will not permit the Senior Leverage Ratio for the four fiscal quarters as of the Company then ended to be more than the amount last day of any fiscal quarter ending during any period set forth below for to exceed the ratio set forth below opposite such fiscal quarterperiod: Fiscal Quarter Ending Level June 30100 Period Ratio March 31, 2016 3.30 2003 to 1.00 September 30, 2016, and including December 31, 2016 3.85 2003 3.75 to 1.00 March January 1, 2004 to and including December 31, 2017 3.575 2004 3.50 to 1.00 June 30, 2017, and each fiscal quarter thereafter 3.30 3.00 to 1.00

Senior Leverage Ratio. As The Senior Leverage Ratio, as of the last day of each fiscal quarter of the Company (commencing June and its Subsidiaries occurring during the periods indicated below, shall be less than or equal to the following: Period Ratio Closing Date through and including July 31, 2005 2.50 to 1.00 August 1, 2005 through and including April 30, 2016), the Company shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company then ended to be more than the amount set forth below for such fiscal quarter: Fiscal Quarter Ending Level June 30, 2016 3.30 2006 2.25 to 1.00 September 30May 1, 2016, 2006 and December 31, 2016 3.85 to 1.00 March 31, 2017 3.575 to 1.00 June 30, 2017, and each fiscal quarter thereafter 3.30 2.00 to 1.00

Senior Leverage Ratio. As of Permit the Senior Leverage Ratio as at the last day of each any fiscal quarter of the Company (commencing June 30, 2016), the Company shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company then ended to be more than the amount ending in any period set forth below for to exceed the ratio set forth below opposite such fiscal quarterperiod: Fiscal Quarter Ending Level June 30, 2016 3.30 Senior Period Leverage Ratio ------ -------------- Closing Date to 1.00 September 30, 2016, 12/31/1999 0.50 to 1.0 3/31/2000 to 12/31/2001 0.45 to 1.0 3/31/2002 to 12/31/2003 0.40 to 1.0 3/31/2004 and December 31, 2016 3.85 thereafter 0.35 to 1.00 March 31, 2017 3.575 to 1.00 June 30, 2017, and each fiscal quarter thereafter 3.30 to 1.001.0

Senior Leverage Ratio. As of the last day of each fiscal quarter of the Company Borrower (commencing June 30, 2016), the Company Borrower shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company Borrower then ended to be more than the amount set forth below for such fiscal quarter: Fiscal Quarter Ending Level June 30, 2016 3.30 3.00 to 1.00 September 30, 2016, and December 31, 2016 3.85 3.50 to 1.00 March 31, 2017 3.575 3.25 to 1.00 June 30, 2017, and each fiscal quarter thereafter 3.30 3.00 to 1.00

Senior Leverage Ratio. As The Company shall not, as of the last day close of each any fiscal quarter of the Company (commencing June 30set forth below, 2016), the Company shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company then ended to be more than the amount set forth below for to the right of such closing date: Senior Leverage Ratio Shall As of Close of Not Be More Than: -------------- ----------------- 2nd fiscal quarter: Fiscal Quarter Ending Level June 30, 2016 3.30 quarter of 4.15 to 1.00 September 30, 2016, and December 31, 2016 3.85 1 fiscal year 2001 3rd fiscal quarter of 3.90 to 1.00 March 31, 2017 3.575 to 1.00 June 30, 2017, and 1 fiscal year 2001 each fiscal quarter thereafter 3.30 3.70 to 1.001 thereafter

Senior Leverage Ratio. As of the last day of each fiscal quarter of the Company Borrower (commencing June 30, 20162010), the Company Borrower shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company Borrower then ended to be more than the amount set forth below for such fiscal quarter: Fiscal Quarter Ending Level March 31, 2010, June 30, 2016 3.30 2010, September 30, 2010, and December 31, 2010 3.50 to 1.00 March 31, 2011 and June 30, 2011 3.25 to 1.00 September 30, 2016, 2011 and December 31, 2016 3.85 2011 3.00 to 1.00 March 31, 2017 3.575 to 1.00 June 30, 2017, 2012 and each fiscal quarter thereafter 3.30 2.75 to 1.00

Senior Leverage Ratio. As of the last day of each fiscal quarter of the Company (commencing June 30, 2016)Company, the Company shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company then ended to be more than the amount set forth below for such fiscal quarter: Fiscal Quarter Ending Level June 30, 2016 3.30 to 1.00 2013, and September 30, 2016, and 2013 3.60 to 1.00 December 31, 2016 3.85 2013 3.30 to 1.00 March 31, 2017 3.575 2014 3.05 to 1.00 June 30, 20172014, and each fiscal quarter thereafter 3.30 2.75 to 1.00

Senior Leverage Ratio. As of the last day of each fiscal quarter of the Company (commencing June 30, 2016)Company, the Company shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company then ended to be more than the amount set forth below for such fiscal quarter: Fiscal Quarter Ending Level June 30, 2016 3.30 to 1.00 2012 and September 30, 2016, and 2012 3.65 to 1.00 December 31, 2016 3.85 to 1.00 2012 and March 31, 2017 3.575 2013 3.40 to 1.00 June 30, 20172013 and September 30, 2013 3.10 to 1.00 December 31, 2013, and each fiscal quarter thereafter 3.30 2.75 to 1.00

Senior Leverage Ratio. As The Senior Leverage Ratio at the end of each quarter of a Fiscal Year for the rolling four (4) quarter period ending on the last day of each quarter of a Fiscal Year shall not exceed 2.5:1 for each of the fiscal quarters up to and including the fiscal quarter of the Company (commencing June 30, 2016), the Company shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company then ended to be more than the amount set forth below for such fiscal quarter: Fiscal Quarter Ending Level June 30, 2016 3.30 to 1.00 September 30, 2016, and ending December 31, 2016 3.85 to 1.00 March 1999, 2.25:1 for each of the fiscal quarters ending after December 31, 2017 3.575 1999 up to 1.00 June 30, 2017, and each including the fiscal quarter thereafter 3.30 ending December 31, 2000 2.0:1 for each of the fiscal quarters ending after December 31, 2000 up to 1.00and including the fiscal quarter ending December 31, 2001 and 1.75:1 for any fiscal quarter ending thereafter.

Senior Leverage Ratio. As of the last day of each fiscal quarter of the Company (commencing June 30, 2016), the Holding and Company shall not permit the Senior Leverage Ratio for the four fiscal quarters as of the Company then ended last day of any Fiscal Quarter specified below to be more than exceed the amount set forth below for such fiscal quartercorrelative ratio indicated: Fiscal Quarter Quarters Ending Level Senior Leverage Ratio March 31, 2003 through June 30, 2016 3.30 to 1.00 2006 3.50:1.00 September 30, 2016, and 2006 through December 31, 2016 3.85 to 1.00 2006 3.25:1.00 March 31, 2017 3.575 to 1.00 June 302007 through December 31, 20172007 3.00:1.00 March 31, and each fiscal quarter thereafter 3.30 to 1.002008 through December 31, 2008 2.75:1.00 Thereafter 2.50:1.00

Senior Leverage Ratio. As of the last day of each fiscal quarter of the Company (commencing June 30, 2016)Company, the Company shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company then ended to be more than the amount set forth below for such fiscal quarter: Fiscal Quarter Ending Level June 30, 2016 2012 and September 30, 2012 3.65 to 1.00 December 31, 2012 and March 31, 2013 3.40 to 1.00 June 30, 2013, and September 30, 2013 3.60 to 1.00 Fiscal Quarter Ending Level December 31, 2013 3.30 to 1.00 March 31, 2014 3.05 to 1.00 June 30, 2014, and September 30, 2014 2.75 to 1.00 December 31, 2014 4.70 to 1.00 March 31, 2015 4.15 to 1.00 June 30, 2015 3.85 to 1.00 September 30, 20162015, and December 31, 2016 3.85 2015 3.60 to 1.00 March 31, 2017 3.575 to 1.00 June 30, 20172016, and each fiscal quarter thereafter 3.30 to 1.001.00 ”

Senior Leverage Ratio. As of the last day of each fiscal quarter of the Company (commencing June 30, 2016), the Holding and Company shall not permit the Senior Leverage Ratio for the four fiscal quarters as of the Company then ended last day of any Fiscal Quarter specified below to be more than exceed the amount set forth below for such fiscal quartercorrelative ratio indicated: Fiscal Quarter Quarters Ending Level Senior Leverage Ratio March 31, 2003 through June 30, 2016 3.30 to 1.00 2005 3.00:1.00 September 30, 20162005 through June 30, and 2006 2.75:1.00 September 30, 2006 through December 31, 2016 3.85 to 1.00 2006 2.50:1.00 March 31, 2017 3.575 to 1.00 June 302007 through December 31, 2017, and each fiscal quarter thereafter 3.30 to 1.002007 2.25:1.00 Thereafter 2.00:1.00

Senior Leverage Ratio. As The Company will maintain its Senior Leverage Ratio, determined as of the last day end of each fiscal quarter of during each fiscal quarter described below, at not more than the Company (commencing ratio set forth below opposite such quarter: Maximum Senior Fiscal Quarter Ending Leverage Ratio ----------------------------- -------------- June 30, 2016), the Company shall not permit the Senior Leverage Ratio for the four fiscal quarters of the Company then ended to be more than the amount set forth below for such fiscal quarter: Fiscal Quarter Ending Level June 30, 2016 3.30 2004 4.00 to 1.00 September 30, 2016, and 2004 3.25 to 1.00 December 31, 2016 3.85 2004 2.75 to 1.00 March 31, 2017 3.575 to 1.00 June 30, 2017, 2005 and each fiscal quarter thereafter 3.30 2.50 to 1.00