Common use of Consolidated First Lien Net Leverage Ratio Clause in Contracts

Consolidated First Lien Net Leverage Ratio. The Borrower will not permit the Consolidated First Lien Net Leverage Ratio, calculated as of the last day of the most recent fiscal quarter of the Borrower for which financial statements were required to have been furnished to the Administrative Agent pursuant to Section 9.1(a) or (b) (commencing with the first fiscal quarter ending March 31, 2021), solely during any Compliance Period, to exceed 4.25 to 1.00.

Consolidated First Lien Net Leverage Ratio. The Borrower will not permit the Consolidated First Lien Net Leverage Ratio, calculated as of the last day of the most recent fiscal quarter of the Borrower for which financial statements were required to have been furnished to the Administrative Agent pursuant to Section 9.1(a) or (b) (commencing with the first fiscal quarter ending March 31, 20212022), solely during any Compliance PeriodQuarter, to exceed 4.25 to 1.00.