SG&A Expenses definition

SG&A Expenses means an amount (in $) equal to all selling, general and administrative expenditures charged to Seller including direct and indirect (overhead allocations) expenses.

SG&A Expenses shall have the meaning set forth in Section 5.2(a).

SG&A Expenses means the US GAAP calculation of selling, general and administrative expenses of the Borrower Group.

Examples of SG&A Expenses in a sentence

• SG&A Expenses (Exclusive of Depreciation and Amortization Expense) SG&A expenses consist primarily of salaries, incentive-based compensation, stock-based compensation expense, employee benefits, immigration, travel, marketing, communications, management, finance, administrative and occupancy costs.

• Reported SG&A Expenses increased by 9% in the half (14% at CER) to $5,457m; Core SG&A Expenses increased by 3% (7% at CER) to $4,258m and represented 38% of Total Revenue (H1 2018: 40%), primarily reflecting investment in additional colleagues to support the China expansion strategy, as well as further support for new medicines.

• The difference between the growth of Reported and Core SG&A Expenses partly reflected the commencement of the amortisation of Lokelma and fair-value adjustments arising on acquisition-related liabilities recognised in Q2 2019.

• Reconciliation of Non-GAAP Financial Measure: SG&A Expenses to Adjusted SG&A ExpensesResults of operations as presented on the consolidated statements of income (loss) include expenses recognized with respect to deferred compensation plans funded through rabbi trusts.

• Represents amortization of pension and other benefit liabilities, net of $18 million of taxes, which is recorded in SG&A Expenses on the Consolidated Statements of Operations.

More Definitions of SG&A Expenses

SG&A Expenses means selling, general and administrative expenses incurred ------------- by the Borrower and the Subsidiaries in connection with the marketing and operation of the System.

SG&A Expenses means selling, general and administrative expenses, as determined in accordance with GAAP.

SG&A Expenses means the selling, general and administrative expenses of the Partnership, including, without limitation, the following:

SG&A Expenses for any period, the amount which, in conformity with GAAP, would constitute selling, general and administrative expenses of Holdings and its Subsidiaries on a consolidated income statement of Holdings for such period.

SG&A Expenses shall have the meaning set forth in Section 5.2(a). SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED PURSUANT TO THE ORDER GRANTING CONFIDENTIAL TREATMENT UNDER THE SECURITIES ACT OF 1933 ISSUED BY THE DIVISION OF CORPORATE FINANCE OF THE SECURITIES AND EXCHANGE COMMISSION FILED ON AUGUST 1, 2014. THE REDACTED MATERIAL HAS BEEN SEPARATELY SUBMITTED TO THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH THREE ASTERISKS (***).

SG&A Expenses means selling, general and administrative expenses as set forth in the income statement of the Borrower and determined in accordance with GAAP.

SG&A Expenses means TCBY's selling, general and administrative expenses incurred in connection with the operation of the Business as defined by Generally Accepted Accounting Principles in the United States. For purposes of this Agreement, SG&A Expenses shall not include (A) any federal, state or other jurisdictional income tax, interest or penalty assessed to or payable by TCBY, (B) any indebtedness or interest, fees, premium, indemnification or other amounts paid in respect of indebtedness, (C) any cost or expense excluded as a part of SG&A Expenses pursuant to this Agreement or any Annual Plan, (D) any capital expenditures to be made on behalf of TCBY pursuant to any Annual Plan, (E) depreciation or amortization of any kind, (F) any management or other fees payable to Xxx. Xxxxxx hereunder, (G) any cost or expense for which direct payment by TCBY or reimbursement by TCBY to Xxx. Xxxxxx is required by this Agreement, (H) any indemnifi cation payments, or reimbursement for costs and attorneys' fees, which may be required to be made by TCBY under Section 2.6.2, 10 or 11.4, (I) any payments to be made by TCBY in connection with the Acquisi tion Transactions as set forth in the Flow of Funds Memo attached as Exhibit B hereto or pursuant to the financing or advisory agreements or arrangements entered into by TCBY in connection therewith, (J) any amount associated with Cost Savings required to be paid by TCBY to Xxx. Xxxxxx and (K) without limiting the generality of the foregoing, any cost or expense of Americana Foods Limited Partnership or its two partners (including, without limitation, in connection with the Americana Sale but not treating the Americana Sale Advisory Fee as such a cost or expense), all such costs and expenses to be paid directly or reimbursed by Americana Foods Limited Partnership or its two partners.