Designated Charges for any period, to the extent deducted in computing Consolidated Operating Income, the aggregate of total (a) non-cash, non-recurring merger and integration costs, and (b) non-cash, non-recurring restructuring costs, of the Borrower and its Subsidiaries for such period, in each case not including non-cash charges that represent an accrual or reserve for potential cash items in any future period, determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed by the Borrower in its Annual Report on Form 10-K for the fiscal year ended December 31, 2011.

Designated Charges means, for any period, subject to the last two sentences of this definition, the sum of (a) to the extent deducted in computing Consolidated Operating Income for such period, the aggregate of total (i) extraordinary, unusual or non-recurring charges and expenses and (ii) Restructuring Expenses plus (b) Pro Forma Cost Savings for such period. The sum of Restructuring Expenses and Pro Forma Cost Savings for any period shall not exceed (1) in the case of any such period ending on or prior to December 31, 2019, 10% of Consolidated EBITDA for such period, (2) in the case of any such period ending after December 31, 2019 and on or prior to March 31, 2021, $100,000,000 and (3) in the case of any such period ending after March 31, 2021, 10% of Consolidated EBITDA for such period; Restructuring Expenses and Pro Forma Cost Savings shall be determined on a consolidated basis in accordance with GAAP and calculated consistently with the Company’s calculation thereof in its Annual Report on Form 10-K for the fiscal year ended December 31, 2016. The aggregate amount of Pro Forma Cost Savings for any period of four fiscal quarters ending after March 31, 2020 and on or prior to March 31, 2021 shall not exceed $25,000,000.

Examples of Designated Charges in a sentence

Designated Charges and Imposed Rates The Owner shall commute and pay forthwith, prior to the execution of this Agreement by the Town, designated charges and imposed rates assessed and levied upon the Lands, including but not limited to levies under the Ontario Water Resources Act, the Public Utilities Act, the Municipal Drainage Act and the Municipal Act, 2001.
Designated Charges and Imposed Rates The Owners shall commute and pay forthwith, prior to the execution of this Agreement by the Town, designated charges and imposed rates assessed and levied upon the Lands, including but not limited to levies under the Ontario Water Resources Act, the Public Utilities Act, the Municipal Drainage Act and the Municipal Act, 2001.

More Definitions of Designated Charges

Designated Charges means, to the extent deducted from gross revenues in computing Consolidated Operating Income, the aggregate of (i) nonrecurring compensation charges, (ii) nonrecurring general and administrative charges and (iii) special charges, all of the foregoing calculated for the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP; provided that the aggregate amount of Designated Charges incurred on and after January 1, 2003 shall not exceed $65,000,000, of which no more than $15,000,000 shall be incurred at any time on or after January 1, 2004.

Designated Charges means the first $6,000,000 of non-recurring cash charges taken by the Borrower after June 30, 2009 related to (i) severance expenses or (ii) lease termination expenses for locations operated from the Company’s business headquartered in the United Kingdom.

Designated Charges means, to the extent deducted from gross revenues in computing Consolidated Operating Income, the aggregate of (i) nonrecurring compensation charges, (ii) nonrecurring general and administrative charges, (iii) special charges, all calculated for the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP; provided that at no time shall the aggregate amount of Designated Charges exceed $65,435,000 for all fiscal periods on and after January 1, 2001.

Designated Charges appearing in Article I of the Credit Agreement is amended by deleting the reference to “$105,000,000” appearing therein and substituting “$120,000,000” in lieu thereof.

Designated Charges for any period, to the extent deducted in computing Consolidated Operating Income, the aggregate of total (a) non-cash, non-recurring merger and integration costs, and (b) non-cash, non-recurring restructuring costs, of the Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed by the Borrower in its Annual Report on Form 10-K for the fiscal year ended December 27, 2003.

Designated Charges for any period, to the extent deducted in computing Consolidated Operating Income, the aggregate of total (a) non-cash, non-recurring merger and integration costs, and (b) non-cash, non-recurring restructuring costs, of the Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed by the Borrower in its Annual Report on Form 10-K for the fiscal year ended December 29, 2001.

Designated Charges for any period, to the extent deducted in computing Consolidated Operating Income, the aggregate of total (a) extraordinary, unusual or non-recurring charges and expenses, (b) restructuring, consolidation, transaction, integration or other similar charges and expenses and (c) cost savings as a result of a reduction in force, salary, benefit and other related reductions; provided that (x) the aggregate amount under clauses (b) and (c) for any applicable period shall not exceed (i) in the case of any such period ending on or prior to December 31, 2019, 10% of Consolidated EBITDA for such period, (ii) in the case of any such period ending after December 31, 2019 and on or prior to March 31, 2021, $100,000,000 and (iii) in the case of any such period ending after March 31, 2021, 10% of Consolidated EBITDA for such period; in each case, determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed by the Borrower in its Annual Report on Form 10-K for the fiscal year ended December 31, 2016 and (y) the aggregate amount under clause (c) for any applicable period ending after December 31, 2019 and on or prior to March 31, 2021 shall not exceed $25,000,000.”