Cash Restructuring Charges definition
Cash Restructuring Charges is defined in the definition of “EBITDA.”
Cash Restructuring Charges means cash based restructuring charges, as defined under GAAP, for any entity that is the subject of a Permitted Acquisition; provided that in no event shall Cash Restructuring Charges exceed $5,000,000 in the aggregate during the term of this Agreement.
Cash Restructuring Charges means, in respect of any period, any cash restructuring charges taken by the Borrower and its Subsidiaries on a consolidated basis during such period in accordance with GAAP; provided that, for purposes of calculating the Cash Interest Coverage Ratio in respect of any fiscal quarter ending on or prior to February 28, 2002, the sum of Cash Restructuring Charges and Non-Cash Restructuring Charges for such quarter shall not exceed the amount set forth on Schedule 7.13 relating to any such fiscal quarter."
Examples of Cash Restructuring Charges in a sentence
The Borrower shall not permit Restructuring Charges to be paid in cash by any JD Entity (i) arising in connection with the Restructuring Program at any time from the Effective Date through the end of Fiscal Year 2009 to exceed $355,000,000 in the aggregate and (ii) arising in connection with Permitted Divestitures (other than Permitted Additional Cash Restructuring Charges) at any time from the Effective Date through the end of Fiscal Year 2008 to exceed $45,000,000 in the aggregate.
More Definitions of Cash Restructuring Charges
Cash Restructuring Charges means cash charges with respect to the refinancing of Indebtedness, the exiting of the PWI business, the closing of distribution centers, the closing or refranchising of Company-Owned Stores, the closing and outsourcing of the manufacturing operations located in Hartford, Wisconsin, and related corporate downsizing, including, but not limited to, cash charges pertaining to the termination of lease commitments, decommissioning charges, shipping and handling relating to the closing of facilities, facility abandonment, environmental and legal charges, severance and related costs and contract termination charges, all such Cash Restructuring Charges subject to a maximum aggregate amount not to exceed $12,600,000 for the fiscal year ended December 28, 2002 and $35,000,000 for the two fiscal year period ending January 1, 2005. Cash Restructuring Charges shall include accruals for outstanding warranty claims to the extent permitted by Agent in its Permitted Discretion.