This excerpt taken from the FCN 8-K filed Oct 2, 2006.
8.11 Financial Covenants.
(a) Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.25:1.0.
(b) Consolidated Net Worth. Permit Consolidated Net Worth at any time to be less than the sum of (i) an amount equal to ninety percent (90%) of Consolidated Net Worth as of June 30, 2006 after giving pro forma effect to the Transaction, increased on a cumulative basis as of the end of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending September 30, 2006 by an amount equal to 50% of Consolidated Net Income (to the extent positive) for the fiscal quarter then ended plus (ii) 100% of the proceeds of all Equity Issuances after the Closing Date (excluding any Equity Issuances in connection with the Transaction) minus (iii) the aggregate amount of Restricted Payments made after June 30, 2006.
(c) Consolidated Fixed Charge Coverage Ratio. Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.5:1.0.
(d) Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 3.25:1.0.