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 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 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 which will be replaced with modern and more efficient equipment and (c) severance, outplacement and other costs associated with plant closures and overhead reductions.

Examples of Restructuring Charge in a sentence

• 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...............

• Restructuring and Other Unusual Charges 2001 Restructuring Charge.

• My recommendation is supported by the financial projections contained in this report.

• In implementing and interpreting NAESB’s standards, the standards need to be interpreted in a way that is consistent with the Natural Gas Act and Commission regulations.17 The Commission finds that requiring pipelines to process title transfer nominations on a non-discriminatory basis is more consonant with its statutory and regulatory obligations than National Fuel’s interpretation.

• Restructuring Charge During December 2000, BankAtlantic adopted a plan to terminate its ATM relationships with Wal*Mart and K-Mart.

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." 3.

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, for the Borrower at any date of determination, the current liability item on the consolidated balance sheet of the Borrower and its Subsidiaries which resulted from the facilities relocation and corporate restructuring provision and other charges set forth in note (10) to the Borrower's consolidated financial statements contained in the Borrower's Annual Report on Form 10-K for the year ended April 30, 1993.

Restructuring Charge is amended in its entirety to read as follows:

Restructuring Charge means an amount for the relevant Four-Quarter Period, not to exceed $4,300,000 in the aggregate, equal to the sum of (a) the total amount of cash expenses (not to exceed $2,000,000 in the aggregate) paid by the Borrower or one or more of its Subsidiaries between September 1, 2002 and March 31, 2003 related to reductions in workforce, and (b) non-cash restructuring charges of the Borrower or one or more of its Subsidiaries incurred between September 1, 2002 and March 31, 2003 and relating the write-down of receivable from a Polish customer of the Borrower or one of its Subsidiaries, the closing of warehouse of the Borrower or one of its Subsidiaries located in the United Kingdom, and an increase in roofing warranty reserves.

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.