| Amortization - Amendment No. 6 Refinancing Term Loans · Amortization | 0.25% per quarter of aggregate outstanding amount on Amendment No. 6 Effective Date, with balance due at Term Loan Maturity Date | tight 0.25% vs amortization median 0.25% (n=19) | source ↗ |
| Limitation on Restricted Payments (Other Fixed Basket) · Restricted Payments | Other Restricted Payments basket of greater of $521,000,000 and 47% of Consolidated EBITDA | loose 47% vs basket median 20% (n=122) | source ↗ |
| Limitation on Restricted Payments (Fixed Basket) · Restricted Payments | Fixed basket of greater of $344,000,000 and 31% of Consolidated EBITDA | market 31% vs basket median 20% (n=122) | source ↗ |
| First Lien Net Leverage Ratio (Financial Maintenance Covenant) · Financial Maintenance | Maximum 7.25x First Lien Net Leverage Ratio, tested only on Financial Compliance Dates (when revolving utilization exceeds 35% of commitments) | loose 7.25x vs leverage median 4x (n=99) | source ↗ |