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This excerpt taken from the WEN 8-K filed Jun 10, 2009. Senior Secured Lease Adjusted
Leverage Ratio’ means, with respect to Ultimate Parent Co-Borrower as of
any date, the ratio of (a) the sum of (i) Senior
2
Secured
Debt of Ultimate Parent Co-Borrower and its Subsidiaries (other thanUnrestricted
Subsidiaries) outstanding as of such date plus (ii) Consolidated Rental Expense
for Ultimate Parent Co-Borrower for the last four Fiscal Quarter period ending
on or before such date multiplied by eight to (b) Consolidated EBITDAR for
Ultimate Parent Co-Borrower and its Subsidiaries (other than Unrestricted
Subsidiaries) for the last four Fiscal Quarter period ending on or before such
date.”
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