Restructuring Charge means the $5,661,000 pre-tax charge of the Company for the first fiscal quarter of 2001 relating to the elimination of workforce and consolidation of operations in southwest Michigan.
Restructuring Charge means the $200 million charge ($124 million after related income tax benefits) to WPP's operating expense recorded in the third fiscal quarter of fiscal year 1993, which charge relates to (a) the closing and consolidation of certain facilities, (b) the write-off of certain equipment that will be replaced with modern and more efficient equipment and (c) severance, outplacement and other costs associated with plant closures and overhead reductions.
Restructuring Charge means the restructuring charge or charges (including related charges and expenses reflected in the Company's "Other Income and Expense" and "Sales, General and Administrative Expenses" categories for accounting purposes) taken by the Company in the 5 Company's fiscal quarter ending December 31, 1995 in an aggregate amount not to exceed $35,000,000." SECTION 2.
Examples of Restructuring Charge in a sentence
Fiscal 1997 Restructuring Charge During the Company's first fiscal 1997 quarter ended September 30, 1996, the Company projected and announced that revenues would be lower than previous quarters due to an anticipated 20% semiconductor equipment market decline.
Fiscal 1998 Restructuring Charge The Company's business overall outlook in late January 1998 was that the industry had entered into a steep downturn brought on by depressed DRAM pricing and the Asia financial crisis.
More Definitions of Restructuring Charge
Restructuring Charge means an amount equal to the lesser of (i) $10,200,000 or (ii) the actual amount paid or the obligation actually incurred by Parent to International Business Machines Corporation ("IBM") in the Subject Fiscal Quarter as a result of the discontinuance or termination by the Debtor or its Affiliates of the Agreement for Information Technology Services dated September 1, 1998, by and between Parent and IBM.
Restructuring Charge. In the third quarter of 1998, MCN xxxorded a $2,470,000 pre-tax ($1,605,000 net of taxes) restructuring charge related to certain international power projects. The charge was incurred as a result of refocusing MCN's strategic plan, particularly the decision to exit certain international power projects.
Restructuring Charge. That certain one time restructuring charge in the approximate amount of $5,600,000 taken in connection with a reduction in force and closing a leased facility during the second fiscal quarter of the Borrower's fiscal year ending May 31, 2003.
Restructuring Charge means the pre-tax charges of the US Borrower in an aggregate amount not to exceed $20,000,000 relating to (a) the Proposed AH Acquisition and/or (b) goodwill impairment charges pursuant to FASB Rule 141 or 142. "Revaluation Date" means each of the following: (a) each date of a Borrowing of an Offshore Currency Loan or an Offshore Currency Swing Line Loan, (b) each date of a continuation of an Offshore Currency Loan, (c) the end of each fiscal quarter of the US Borrower and (d) during any period in which the Outstanding Revolving Credit Obligations exceeds 90% of the Aggregate Commitments, such additional dates as the Administrative Agent shall specify.
Restructuring Charge means the charge made by the Borrowers in the first fiscal quarter of 1998 related to the Borrowers' restructuring, in an amount not to exceed $2,500,000.00.
Restructuring Charge means the pre-tax charges of the Borrower in an aggregate amount not to exceed $20,000,000 relating to (a) the Proposed AH Acquisition and/or (b) goodwill impairment charges pursuant to FASB Rule 141 or 142.
Restructuring Charge is amended in its entirety to read as follows: