Restructuring Charges definition

Restructuring Charges means any charges or expenses in respect of restructuring or consolidating any business, operations or facilities, any compensation or headcount reduction, or any other cost savings, of any Persons or businesses either alone or together with the Company or any Restricted Subsidiary, as permitted by GAAP or Regulation S-X under the Securities Act.

Restructuring Charges means all charges and expenses caused by or attributable to any restructuring, severance, relocation, consolidation, closing, integration, business optimization or transition, signing, retention or completion bonus or curtailments or modifications to pension and post-retirement employee benefit plans.

Restructuring Charges means for any period non-recurring restructuring charges taken by the Borrower and its Subsidiaries in such period including, without limitation, severance payments, abandoned lease obligations, office relocation expenses, re-branding expenses, asset write-offs, legal, accounting, audit, tax, financial advisor and other professional advisor fees but only to the extent the foregoing relate to the Borrower's restructuring and rationalization of its operations or to the financial restructuring transaction.

Examples of Restructuring Charges in a sentence

• Restructuring Charges The Reserve Banks recognize restructuring charges for exit or disposal costs incurred as part of the closure of business activities in a particular location, the relocation of business activities from one location to another, or a fundamental reorganization that affects the nature of operations.

• Restructuring Charges Accrued restructuring costs were valued using a discounted cash flow model.

• Restructuring Charges and Other Costs Associated with Acquisitions and Cost-Reduction/Productivity Initiatives and Note 4.

• Refer to Note 5, Restructuring Charges, in the Notes to the Condensed Consolidated Financial Statements for additional information.

• Additional information can be found in Item 8 “Financial Statements and Supplementary Data—Notes to the Consolidated Financial Statements—Note 2—Discontinued Operations.” Restructuring Charges Associated with Cost InitiativeDuring the second quarter of 2007, we announced a broad-based initiative to reduce expenses and improve our competitive cost position.

More Definitions of Restructuring Charges

Restructuring Charges means all charges, accruals, reserves, costs and expenses caused by or attributable to (a) any restructuring, relocation, reconfiguration, conversion, consolidation, closure, start-up, integration, termination, cost saving initiative, business optimization or transition of any business, facility, function, product, equipment or other asset or property or in respect of any acquisition, disposition or other transaction, (b) any recruiting, signing, retention or completion bonus or severance, relocation, restructuring or curtailment costs in each case for any future, current or former officers, directors, employees, managers, consultants or independent consultants or (c) any modifications to pension and post-retirement benefit plans or arrangements.

Restructuring Charges means any asset impairment charges, lease termination costs, severance costs, facility shutdown costs, write-offs and write-downs of Intangible Assets and other related restructuring charges related to or associated with a permanent reduction in capacity, closure of plants or facilities, cut-backs or plant closures or a significant reconfiguration of a facility.

Restructuring Charges means one time charges incurred in the current year directly related to achieving long term cost savings in the future, such as severance and reflected in the Financial Statements.

Restructuring Charges means charges in respect of restructurings, plant closings, headcount reductions or other similar actions, including severance charges in respect of employee terminations.

Restructuring Charges means, for any period, the aggregate non-recurring restructuring charges recorded in accordance with GAAP by Micro and its Consolidated Subsidiaries during such period with respect to either Acquisitions or restructurings.

Restructuring Charges means certain cash charges related to any restructuring program of the Company and its Subsidiaries subject to the following limitations:

Restructuring Charges means certain cash charges related to the Company’s restructuring program announced on or about January 31, 2008 only insofar as such charges specifically relate to the following categories of expense: severance, retained restructuring consulting, equipment transfer, employee outplacement, environmental services, and employee insurance continuation.