Common use of Consolidated EBITDA to Consolidated Fixed Charges Clause in Contracts

Consolidated EBITDA to Consolidated Fixed Charges. [ ]:1.00 Covenant Requirement Greater than or equal to 1.00:1.00 Bank of America, N.A. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, 11th Floor Mailcode TX1-492-11-23 ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: H. ▇▇▇▇▇▇▇ ▇▇▇▇▇, Senior Vice President, Business Capital Ladies and Gentlemen: This Interest Election Request is delivered to you pursuant to Section 2.08 of the Amended and Restated Revolving Credit and Guaranty Agreement dated as of October 7, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) among Philadelphia Energy Solutions Refining and Marketing LLC, a Delaware limited liability company (the “Borrower”), the Guarantors party thereto from time to time, the Lenders party thereto from time to time, Bank of America, N.A., as sole lead arranger and sole bookrunner, Bank of America, N.A., as swingline lender, the Issuing Banks from time to time party thereto, and Bank of America, N.A., as administrative agent and as collateral agent. Capitalized terms used but not defined herein have the meanings ascribed to them in the Credit Agreement. The Borrower hereby requests that on [ ](13) (the “Interest Election Date”),