Restructuring Reserves definition
Restructuring Reserves means, at any time, an amount equal to $25,250,000 less all Restructuring Expenditures theretofore made after the Original Effective Date.
Restructuring Reserves means reserves maintained on the consolidated balance sheet of Holdings and its Subsidiaries with respect to Restructuring Expenditures.
Examples of Restructuring Reserves in a sentence
The “Cash Adjustment Amount” shall consist of the Closing Cash Amount minus the sum of (i) Unpaid Restructuring Reserves and (ii) Unpaid Consultant Bonuses, all as reflected in the Final Statement of Cash Adjustment.