Cost Savings Initiative definition

Cost Savings Initiative has the meaning assigned to such term in the definition of “Consolidated Adjusted EBITDA”.
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Cost Savings Initiative means any operational change, restructuring, cost savings initiative or other similar initiative or specified transaction.
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Cost Savings Initiative means any non-recurring cash charges and expenses of the Consolidated Companies relating to restructuring, operating, cost savings, productivity and similar business optimization and improvement initiatives, including non-recurring cash charges and expenses associated with enterprise IT system consolidation and optimization initiatives.
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Examples of Cost Savings Initiative in a sentence

  • For potential Proposals not discussed at the Cost Savings Initiative Workshop, a mandatory concept meeting will be held for the Contractor and Department to discuss the potential Proposal prior to development of the Proposal.

  • A mandatory Cost Savings Initiative Workshop will be held prior to Contract Time beginning for the Contractor and Department to discuss potential Proposals.

  • If approved alternate PT scheme or system is under a Cost Savings Initiative Proposal (CSIP), method of payment will be in compliance with CSIP agreement.

  • The Department will require additional submittals and/or submittal under a Cost Savings Initiative Proposal for major modifications.Minor modifications are those items that, in the opinion of the Engineer, do not significantly affect the quantity of measured work, or the integrity or maintainability of the structure or its components.

  • A mandatory Cost Savings Initiative Workshop for the Contractor and Department to discuss potential Proposals will be held within 30 calendar days following the issuance of the Notice to Proceed.

  • A Professional Engineer registered in the State of Florida, other than the Engineer of Record or his subcontracted consultant, who undertakes the design and drawing of components of the permanent structure as part of a redesign or Cost Savings Initiative Proposal, or for repair designs and details of the permanent work.

  • No Cost Savings Initiative Proposal will be accepted for the truss superstructure portion of the project.

  • For potential Proposals not discussed at the Cost Savings Initiative Workshop, a mandatory concept meeting will be held for the Contractor and County to discuss the potential Proposal prior to development of the Proposal.

  • Pre-qualified Specialty Engineers will not be authorized to perform redesigns or Cost Savings Initiative Proposal designs of items fully detailed in the plans.

  • Contractor’s Engineer of Record.A Professional Engineer registered in the State of Florida, other than the Engineer of Record or his subcontracted consultant, who undertakes the design and drawing of components of the permanent structure as part of a redesign or Cost Savings Initiative Proposal, or for repair designs and details of the permanent work.


More Definitions of Cost Savings Initiative

Cost Savings Initiative means any operational initiative, change or improvement, cost savings initiative or other similar initiative and/or specified transaction (including, without limitation, head-count reductions, restructurings, reorganizations, transition and integration of operations, cessation of business at any plant or factory or moving of any such plant or factory or the headquarters or corporate office) described in reasonable detail and implemented after the First Amendment Effective Date, but excluding any such items relating to the Transactions.
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Related to Cost Savings Initiative

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

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  • Basic health plan services means that schedule of covered

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