Common use of Overhead Expense Clause in Contracts

Overhead Expense. Permit the sum of all aggregate allocated and unallocated overhead expenses of LGEC and its Consolidated Subsidiaries in any fiscal year less any overhead expenses allocated to restructuring costs (including, without limitation, costs in connection with severance payments) incurred within the first twelve months following the Acquisition to exceed (w) US$50,000,000 for the fiscal year ending March 31, 2004, (x) US$50,000,000 for the fiscal year ending March 31, 2005 and (y) thereafter, 110% of the maximum amount permitted for the immediately preceding fiscal year.

Overhead Expense. Permit the sum of all aggregate allocated and unallocated overhead expenses of LGEC and its Consolidated Subsidiaries in any fiscal year less any overhead expenses allocated to restructuring costs (including, without limitation, costs in connection with severance payments) incurred within the first twelve months following the Acquisition to exceed (wx) US$50,000,000 33,000,000 for the fiscal year ending March 31, 2004, (x) US$50,000,000 for the fiscal year ending March 31, 2005 2001 and (y) thereafter, 110% of the maximum amount permitted for the immediately preceding fiscal year.