effect to the payment, either # minimum Excess Availability at all times during such period of not less than fifteen percent (15%) of the Maximum Revolver Amount and that the Fixed Charge Coverage Ratio is at all times not less than 1.10 to 1.00 during such period, or # minimum Excess Availability at all times during such period of not less than twenty percent (20%) of the Maximum Revolver Amount, and

percent (15%) of the Maximum Revolver Amount and that the Fixed Charge Coverage Ratio is at all times not less than 1.10 to 1.00 during such period, or # minimum Excess Availability at all times during such period of not less than twenty percent (20%) of the Maximum Revolver Amount, and

Agent has received reasonably satisfactory projections for the twelve (12) month period after the date of such disposition showing, on a pro forma basis after giving effect to the payment,disposition, either # minimum Excess Availability at all times during such period of not less than fifteen percent (15%) of the Maximum Revolver Amount and that the Fixed Charge Coverage Ratio is at all times not less than 1.10 to 1.00 during such period, or # minimum Excess Availability at all times during such period of not less than twenty percent (20%) of the Maximum Revolver Amount, and

as of the date of any such disposition and after giving effect tothereto, either: (A) (1) the payment, either # minimum Excess Availability at all times during such period ofshall be not less than fifteen percent (15%) of the Maximum Revolver Amount and that# on a pro forma basis, the Fixed Charge Coverage Ratio is at all timesfor the twelve (12) month period ending on the last day of the month prior to the date of such disposition for which Agent has received financial statements shall be not less than 1.10 to 1.00 during such period,00, or # minimumthe Excess Availability at all times during such period ofshall be not less than twenty percent (20%) of the Maximum Revolver Amount, and

Agent has received reasonably satisfactory projections for the twelve (12) month period after the date of such Acquisition showing, on a pro forma basis after giving effect to the payment,Acquisition, either # minimum Excess Availability at all times during such period of not less than fifteen percent (15%) of the Maximum Revolver Amount and that the Fixed Charge Coverage Ratio is at all times not less than 1.10 to 1.00 during such period, or # minimum Excess Availability at all times during such period of not less than twenty percent (20%) of the Maximum Revolver Amount, and

as of the date of any such payment, and after giving effect tothereto, either: (A) (1) the payment, either # minimumdaily average of the Excess Availability at all times duringfor the immediately preceding ninety (90) consecutive day period shall have been not less than fifteen percent (15%) of the Maximum Revolver Amount and, on a pro forma basis using the Excess Availability as of the date of the most recent calculation of the Borrowing Base immediately prior to any such period ofpayment, the Excess Availability shall be not less than fifteen percent (15%) of the Maximum Revolver Amount and that# on a pro forma basis, the Fixed Charge Coverage Ratio is at all timesfor the twelve (12) month period ending on the last day of the month prior to the date of such payment for which Agent has received financial statements shall be not less than 1.10 to 1.00 during such period,00, or # minimumthe daily average of the Excess Availability at all times during suchfor the immediately preceding ninety (90) consecutive day period ofshall have been not less than twenty percent (20%) of the Maximum Revolver Amount and, on a pro forma basis, using the Excess Availability as of the date of the most recent calculation of the Borrowing Base immediately prior to any such payment, the Excess Availability shall be not less than twenty percent (20%) of the Maximum Revolver Amount, and