Restructuring Costs means all expenses (whether paid in cash, stock or other consideration or through the incurring of liabilities in any form), associated with termination of operations or the cancellation of any licenses (including without limitation severance payments to employees, lease termination, etc.) pertaining to (1) JMMJ (but only to the extent such Restructuring Costs for JMMJ, exceed $1,000,000) and (2) MMPL (each as described in Item 2) above.
Restructuring Costs means $1,500,000.
Examples of Restructuring Costs in a sentence
Flextronics and Nortel will work together to mitigate the parties exposure to Restructuring Costs, including any exposure to Nortel for Restructuring Costs or similar costs.
In the event that Flextronics determines that it is necessary to restructure a legacy System House, then Nortel agrees to reimburse Flextronics for any severance, shut down or other restructuring costs incurred by Flextronics related to any restructuring of any legacy System Houses (Restructuring Costs) up to a maximum of ; provided that, Flextronics provides Nortel with supporting evidence, in reasonable detail, of the Restructuring Costs in respect of which it is seeking reimbursement.
At least ten (10) Business days prior to the Closing Date, Seller shall provide Buyer with a written statement setting forth detailed financial information regarding the amount of Approved Restructuring Costs actually paid by the Seller, together with such supporting documentation as Buyer shall reasonably request.
The funds in the Expense Account shall be a reserve to be applied by the Administrative Agent to pay any unpaid General Corporate Overhead Expenses and General Restructuring Costs; provided that in no event shall the members of the Transit Group pay more than 58% of the Borrower's total General Corporate Overhead Expenses and General Restructuring Costs.
Restructuring Costs means any cash integration expenditures related to the AmeriServ Acquisition or the PFS Acquisition incurred by the Company reflected as (i) a non-operating expense in the Company's income statement, (ii) a reduction of the restructuring reserve on the Company's balance sheet, or (iii) restructuring charges taken in the years 1997, 1998, and 1999 to the extent added to Adjusted EBITDA pursuant to clause (c) of the definition of "Adjusted EBITDA".