Common use of Total Net Leverage Ratio Clause in Contracts

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: March 31, 2019 5.43 to 1.00 June 30, 2019 4.80 to 1.00 September 30, 2019 4.40 to 1.00 December 31, 2019 3.75 to 1.00 March 31, 2020 Not tested June 30, 2020 Not tested September 30, 2020 Not tested December 31, 2020 Not tested March 31, 2021 Not tested June 30, 2021 5.00 to 1.00 September 30, 2021 4.75 to 4.25:1.00 December 31, 2021 4.50 to 4.25:1.00 March 31, 2022 4.50 to 4.25:1.00 June 30, 2022 4.25 to 3.50:1.00 September 30, 2022 4.00 to 3.50:1.00 December 31, 2022 3.75 to 3.50:1.00 March 31, 2023 and each fiscal quarter ending thereafter 3.25 to 3.50:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarterquarter set forth below, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth belowbelow and tested by reference to the financial statements with respect to such fiscal quarter delivered (or required to be delivered) to Agent pursuant to Section 9.8 hereof: Fiscal Quarter Ending Maximum Total Net Leverage Ratio June 30, 2022 6.00:1.00 September 30, 2022 6.75:1.00 December 31, 2022 6.00:1.00 March 31, 2019 5.43 to 1.00 2023 4.75:1.00 June 30, 2019 4.80 to 1.00 2023 5.75:1.00 September 30, 2019 4.40 to 1.00 2023 6.00:1.00 December 31, 2019 3.75 to 1.00 2023 Not Tested March 31, 2020 Not tested 2024 5.00:1.00 June 30, 2020 Not tested 2024 4.50:1.00 September 30, 2020 Not tested December 31, 2020 Not tested March 31, 2021 Not tested June 30, 2021 5.00 to 1.00 September 30, 2021 4.75 to 2024 4.25:1.00 December 31, 2021 4.50 to 4.25:1.00 2024 3.75:1.00 March 31, 2022 4.50 to 4.25:1.00 June 30, 2022 4.25 to 3.50:1.00 September 30, 2022 4.00 to 3.50:1.00 December 31, 2022 3.75 to 3.50:1.00 March 31, 2023 2025 and each fiscal quarter ending thereafter 3.25 to 3.50:1.003.00:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: March 31, 2019 5.43 to 1.00 June 30, 2019 4.80 to 1.00 September 30, 2019 4.40 to 1.00 December 31, 2019 3.75 to 1.00 March 31, 2020 Not tested June 30, 2020 Not tested September 30, 2020 Not tested December 31, 2020 Not tested March 31, 2021 Not tested June 30, 2021 5.00 to 1.00 Fiscal Quarter Ending Maximum Total Net Leverage Ratio September 30, 2021 4.75 to 4.25:1.00 December 31, 2021 4.50 to 4.25:1.00 March 31, 2022 4.50 to 4.25:1.00 Not Tested June 30, 2022 4.25 to 3.50:1.00 September 30, 2022 4.00 to 3.50:1.00 December 31, 2022 3.75 to 3.50:1.00 March 31, 2023 3.50:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 3.00:1.00 March 31, 2024 3.00:1.00 June 30, 2024 3.00:1.00 September 30, 2024 3.00:1.00 December 31, 2024 3.00:1.00 March 31, 2025 3.00:1.00 June 30, 2025 3.00:1.00 December 31, 2025 and each fiscal quarter ending thereafter 3.25 to 3.50:1.003.00:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarterquarter set forth below, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth belowbelow and tested by reference to the financial statements with respect to such fiscal quarter delivered (or required to be delivered) to Agent pursuant to Section 9.8 hereof: Fiscal Quarter Ending Maximum Total Net Leverage Ratio June 30, 2022 6.00:1.00 September 30, 2022 6.75:1.00 December 31, 2022 6.00:1.00 March 31, 2019 5.43 to 1.00 2023 4.75:1.00 June 30, 2019 4.80 to 1.00 2023 5.75:1.00 September 30, 2019 4.40 to 1.00 2023 6.00:1.00 December 31, 2019 3.75 to 1.00 2023 Not Tested March 31, 2020 2024 Not tested Tested June 30, 2020 Not tested 2024 4.50:1.00 September 30, 2020 Not tested December 31, 2020 Not tested March 31, 2021 Not tested June 30, 2021 5.00 to 1.00 September 30, 2021 4.75 to 2024 4.25:1.00 December 31, 2021 4.50 to 4.25:1.00 2024 3.75:1.00 March 31, 2022 4.50 to 4.25:1.00 June 30, 2022 4.25 to 3.50:1.00 September 30, 2022 4.00 to 3.50:1.00 December 31, 2022 3.75 to 3.50:1.00 March 31, 2023 2025 and each fiscal quarter ending thereafter 3.25 to 3.50:1.003.00:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarterquarter set forth below, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth belowbelow and tested by reference to the financial statements with respect to such fiscal quarter delivered (or required to be delivered) to Agent pursuant to Section 9.8: Fiscal Quarter Ending Maximum Total Net Leverage Ratio June 30, 2022 6.00:1.00 September 30, 2022 6.75:1.00 December 31, 2022 6.00:1.00 March 31, 2019 5.43 to 1.00 2023 4.75:1.00 June 30, 2019 4.80 to 1.00 2023 5.75:1.00 September 30, 2019 4.40 to 1.00 2023 6.00:1.00 December 31, 2019 3.75 to 1.00 2023 Not Tested March 31, 2020 Not tested 2024 5.00:1.00 June 30, 2020 Not tested 2024 4.50:1.00 September 30, 2020 Not tested December 31, 2020 Not tested March 31, 2021 Not tested June 30, 2021 5.00 to 1.00 September 30, 2021 4.75 to 2024 4.25:1.00 December 31, 2021 4.50 to 4.25:1.00 2024 3.75:1.00 March 31, 2022 4.50 to 4.25:1.00 June 30, 2022 4.25 to 3.50:1.00 September 30, 2022 4.00 to 3.50:1.00 December 31, 2022 3.75 to 3.50:1.00 March 31, 2023 2025 and each fiscal quarter ending thereafter 3.25 to 3.50:1.003.00:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: March 31, 2019 5.43 to 1.00 June 30, 2019 4.80 to 1.00 September 30, 2019 4.40 to 1.00 December 31, 2019 3.75 to 1.00 March 31, 2020 Not tested June 30, 2020 Not tested September 30, 2020 Not tested December 31, 2020 Not tested March 31, 2021 Not tested June 30, 2021 5.00 to 1.00 DB1/ 123142411.13 September 30, 2021 4.75 to 4.25:1.00 December 31, 2021 4.50 to 4.25:1.00 March 31, 2022 4.50 to 4.25:1.00 June 30, 2022 4.25 to 3.50:1.00 September 30, 2022 4.00 to 3.50:1.00 December 31, 2022 3.75 to 3.50:1.00 March 31, 2023 3.50:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 3.00:1.00 March 31, 2024 3.00:1.00 June 30, 2024 3.00:1.00 September 30, 2024 3.00:1.00 December 31, 2024 3.00:1.00 March 31, 2025 3.00:1.00 June 30, 2025 3.00:1.00 December 31, 2025 and each fiscal quarter ending thereafter 3.25 to 3.50:1.003.00:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarterquarter set forth below, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth belowbelow and tested by reference to the financial statements with respect to such fiscal quarter delivered (or required to be delivered) to Agent pursuant to Section 9.8: Fiscal Quarter Ending Maximum Total Net Leverage Ratio June 30, 2022 6.00:1.00 September 30, 2022 6.75:1.00 December 31, 2022 6.00:1.00 March 31, 2019 5.43 to 1.00 2023 4.75:1.00 June 30, 2019 4.80 to 1.00 2023 5.75:1.00 September 30, 2019 4.40 to 1.00 2023 6.00:1.00 December 31, 2019 3.75 to 1.00 2023 Not Tested March 31, 2020 2024 Not tested Tested June 30, 2020 Not tested 2024 5.00:1.00 September 30, 2020 Not tested December 31, 2020 Not tested March 31, 2021 Not tested June 30, 2021 5.00 to 1.00 September 30, 2021 4.75 to 2024 4.25:1.00 December 31, 2021 4.50 to 4.25:1.00 2024 3.75:1.00 March 31, 2022 4.50 to 4.25:1.00 June 30, 2022 4.25 to 3.50:1.00 September 30, 2022 4.00 to 3.50:1.00 December 31, 2022 3.75 to 3.50:1.00 March 31, 2023 2025 and each fiscal quarter ending thereafter 3.25 to 3.50:1.003.00:1.00