Restructuring Charge definition

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. 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.

Examples of Restructuring Charge in a sentence

• The 1996 Restructuring Charge shall not be deemed to constitute a material adverse change.

• The following table summarizes the restructuring and other special pre-tax charges: 1999 Restructuring Charge (1): Reserve at Fiscal 1999 Reserve at Cash Other non-cash March 31, expense March 31, 2000 outlays changes 2001(7) ----------- -------------- ------- -------------- ---------- $000 $000 $000 $000 $000 Severance...............

• The following table summarizes the restructuring charge: 2001 Restructuring Charge: Reserve at Total Fiscal Cash Other non-cash March 31, 2001 expense outlays changes 2001(7) ------------ ------- -------------- ---------- $000 $000 $000 $000 Severance.....................

• Under the Financing Orders, LIPA withholds from the Restructuring Charge collections an annual servicing fee equal to 0.05% of the initial principal amount of the Restructuring Bonds originally issued.

• The Company has identified and included in a Restructuring Charge (see Note 7) the costs specifically related to accomplishing this effort.

More Definitions of Restructuring Charge

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 Company's fiscal quarter ending December 31, 1995 in an aggregate amount not to exceed $35,000,000."

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 Debtor 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 Debtor and IBM.

Restructuring Charge means certain non-recurring expenses incurred by -------------------- the Borrower with respect to the post-Reorganization events and actions described in the Borrower's press release dated October 8, 1998.",

Restructuring Charge means the pre-tax charges of the US Borrower in an aggregate amount not to exceed $20,000,000 on a cumulative basis from the Effective Date relating to (a) capacity realignment charges, (b) goodwill impairment charges pursuant to FASB Rule 141 or 142 or APB Rule 18 and/or (c) asset impairment charges pursuant to FASB Rule 144.

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 is amended in its entirety to read as follows:

Restructuring Charge has the meaning specified in the definition "EBITDA".