Common use of Maximum Consolidated Senior Leverage Ratio Clause in Contracts

Maximum Consolidated Senior Leverage Ratio. A Consolidated Senior Leverage Ratio as at the last day of each period of four consecutive fiscal quarters ending on any date set forth below no greater than the ratio set forth below opposite such date; provided, however, the Consolidated Leverage Ratio shall not be tested on any date that the Borrower’s Liquidity is greater than $50,000,000: 6/30/13 – 12/31/13 Not tested 3/31/14 and thereafter 2.00:1.00

Maximum Consolidated Senior Leverage Ratio. A maximum Consolidated Senior Leverage Ratio as at the last day of each period of four consecutive fiscal quarters ending on any date set forth below no greater than the ratio set forth below opposite such date; provided, however, the Consolidated Leverage Ratio except such ratio shall not be tested for the fiscal quarter ending on any date that the Borrower’s Liquidity is greater than $50,000,000: 6/30/13 – 12/31/13 Not tested 3/31/14 and thereafter 2.00:1.00December 31, 2012:

Maximum Consolidated Senior Leverage Ratio. A maximum Consolidated Senior Leverage Ratio as at the last day of each period of four consecutive fiscal quarters ending on any date set forth below no greater than the ratio set forth below opposite such date; provided, however, the Consolidated Leverage Ratio shall not be tested on any date that the Borrower’s Liquidity is greater than $50,000,000: 6/30/13 – 12/31/13 Not tested 3/31/14 and thereafter 2.00:1.00:

Maximum Consolidated Senior Leverage Ratio. A maximum Consolidated Senior Leverage Ratio as at the last day of each period of four consecutive fiscal quarters ending on any date set forth below no greater than that the ratio set forth below opposite such date; provided, however, the Consolidated Leverage Ratio except such ratio shall not be tested for the fiscal quarter ending on any date that the Borrower’s Liquidity is greater than $50,000,000March 31, 2013: 6/30/13 – 12/31/13 Not tested 3/31/14 2.25:1.00 9/30/13 and thereafter 2.00:1.00