Common use of Ratio of Consolidated Total Debt to Consolidated EBITDA Clause in Contracts

Ratio of Consolidated Total Debt to Consolidated EBITDA. Commencing with, and as of the last day of, the fiscal quarter of the Company ending on June 30, 2014 , the Company will not permit its ratio of (i) Consolidated Total Debt as of the last day of any fiscal quarter to (ii) Consolidated EBITDA (for, and as of the last day of, the twelve (12) month period ending on the last day of the fiscal quarter ending immediately preceding the date of determination) to be greater than the ratio set forth below opposite such fiscal quarter: June 30, 2014 3.75 to 1.00 September 30, 2014 3.75 to 1.00 December 31, 2014 3.75 to 1.00 March 31, 2015 3.50 to 1.00 June 30, 2015 3.50 to 1.00 September 30, 2015 3.25 to 1.00 December 31, 2015 3.25 to 1.00 March 31, 2016 and each Fiscal Quarter ending thereafter 3.00 to 1.00 provided that for the purposes of this Section 11.1(a), for the last day of each fiscal quarter of the Company commencing with the first fiscal quarter of operations for the Company and ending with the third fiscal quarter of operations for the Company, Consolidated EBITDA for the relevant period shall be deemed to equal Consolidated EBITDA for such fiscal quarter multiplied by 4, 2, and 4/3, respectively. For the purposes of this Section 11.1(a), for the first four fiscal quarters ending after the Closing Date, Transaction Fees, to the extent such Transaction Fees were deducted from Consolidated Net Income for such fiscal quarter, shall be added to the calculation of Consolidated EBITDA for such fiscal quarter.