Synergy Event definition
Synergy Event means an action or measure actually taken by the Company or a Restricted Subsidiary to address factors such as overlapping functions and/or personnel resulting from an acquisition of Acquired Assets.
Synergy Event means the date on which the Company's Board of Directors determines in good faith that the quantifiable synergies actually obtained by virtue of consolidation in fiscal year 1997 of certain operations and functions currently performed by each of The Bekins Company, LEP Profit International, Inc., LEP International, Inc., and Matrix International Logistics, Inc. are, in the aggregate, less than (U.S.) $3,874,447.