Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio the last day of any fiscal quarter set forth below to be greater than the ratio set forth opposite such period below: The last day of the Borrower’s fiscal quarter ending June 30, 2008 through and including the day before the last day of Holdings’ fiscal quarter ending December 31, 2008 6.50:1.00 The last day of the Borrower’s fiscal quarter ending December 31, 2008 through and including the day before the last day of the Borrower’s fiscal quarter ending June 30, 2009 6.25:1.00 The last day of the Borrower’s fiscal quarter ending June 30, 2009 through and including the day before the last day of Borrower’s fiscal quarter ending June 30, 2010 6.00:1.00 The last day of the Borrower’s fiscal quarter ending June 30, 2010 through and including the day before the last day of Borrower’s fiscal quarter ending June 30, 2011 5.75:1.00 The last day of the Borrower’s fiscal quarter ending June 30, 2011 through and including the day before the last day of the Borrower’s fiscal quarter ending June 30, 2012 5.25:1.00 Thereafter 5.00:1.00
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Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio the last day of any fiscal quarter set forth below to be greater than the ratio set forth opposite such period below: Period Ratio The last day of the Borrower’s fiscal quarter ending June 30, 2008 through and including the day before the last day of Holdings’ fiscal quarter ending December 31, 2008 6.50:1.00 The last day of the Borrower’s fiscal quarter ending December 31, 2008 through and including the day before the last day of the Borrower’s fiscal quarter ending June 30, 2009 6.25:1.00 The last day of the Borrower’s fiscal quarter ending June 30, 2009 through and including the day before the last day of Borrower’s fiscal quarter ending June 30, 2010 6.00:1.00 The last day of the Borrower’s fiscal quarter ending June 30, 2010 through and including the day before the last day of Borrower’s fiscal quarter ending June 30, 2011 5.75:1.00 The last day of the Borrower’s fiscal quarter ending June 30, 2011 through and including the day before the last day of the Borrower’s fiscal quarter ending June 30, 2012 5.25:1.00 Thereafter 5.00:1.00.
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