Actual Operating Costs means: (a) the Franchisee's total operating expenses for the period being reviewed as stated in its profit and loss account, including any of the following operating expenses that are payable during that period: (i) amounts payable to the Secretary of State and Network Rail; (ii) taxation; (iii) shareholder distributions including dividends; (iv) interest; (v) capital expenditure (net of grants received); and (vi) lease payments in relation to on-balance sheet leased assets, but excluding any of the following expenses that are payable in that period: (A) interest relating to on-balance sheet leased assets; (B) depreciation; (C) amortisation; and (D) bad debt provisions; and (b) either: (i) plus any reduction in the total amount owing by the Franchisee to creditors over that period; or (ii) less any increase in the total amount owing by the Franchisee to creditors over that period, where creditors: (A) include any persons owed amounts by the Franchisee in respect of loans or funding agreements, operating expenses, including the types of expenses set out in paragraphs (a)(i) to (v) inclusive, provisions and deferred income balances; but (B) exclude persons owed amounts by the Franchisee in respect of season ticket liabilities, lease liabilities in relation to on- balance sheet leased assets and liabilities in relation to grants received for the purchase of fixed assets;
Actual Operating Costs means: (a) the Franchisee's total operating expenses for the period being reviewed as stated in its profit and loss account, including any of the following operating expenses that are payable during that period:
Actual Operating Costs means the actual expenses paid or incurred by Landlord for Operating Costs during any Lease Year of the term hereof.
Examples of Actual Operating Costs in a sentence
More is discussed on raw material supply and substitution options below.
The death threats matter, it can be fairly said, went down on the priority list.
Workers may not take unauthorized breaks from work, except for reasonable breaks to use field sanitation, toilet, or hand-washing facilities, or to obtain drinking water.14.
The determination of Actual Operating Costs and Estimated Operating Costs Allocable to the Premises shall be made by Landlord.
Actual Operating Costs will likely differ from those projected for purposes of the Plan.
More Definitions of Actual Operating Costs
Actual Operating Costs means: (a) the Franchisee's total operating expenses for the period being reviewed as stated in its profit and loss account, including any of the following operating expenses that are payable during that period: (i) amounts payable to the Secretary of State and Network Rail; (ii) taxation; (iii) shareholder distributions including dividends; (iv) interest; (v) capital expenditure (net of grants received); (vi) lease payments in relation to on- balance sheet leased assets; and (vii) the Annual Innovation Account Contribution to be set aside for the period, but excluding any of the following expenses that are payable in that period:
Actual Operating Costs means, for any period, the amount of funds actually expended by a Person in respect of Operating Costs.
Actual Operating Costs means the actual Operating Costs for any Operating Year, adjusted as if ninety-five percent (95%) of the total rentable area of the Building had been occupied for the entire Operating Year.
Actual Operating Costs means the cost required for transportation, warehouse operations, Product buying, and applicable administration specific to TFM.
Actual Operating Costs means the actual expenses paid or incurred by Lessor for Operating Costs during any Lease Year of the Lease Term hereof.
Actual Operating Costs means: (a) the Franchisee's total operating expenses (calculated on gross, actual basis (whether or not the Franchisee accounts on the agency basis)) for the period being reviewed as stated in its profit and loss account, or in the case of (v) and (vi) below as derived from underlying accounting records, including any of the following operating expenses that are payable during that period: (i) amounts payable to the Secretary of State and the Infrastructure Manager; (ii) taxation; (iii) shareholder distributions including dividends; (iv) interest; (v) capital expenditure (net of grants received); (vi) cash lease payments in relation to on- balance sheet leased assets (and for the avoidance of doubt these lease payments include cash paid or payable, in relation to the period being reviewed, Withdrawn March 2024 under any lease which has been accounted for in accordance with "IFRS 16 – Leases" or any equivalent element of GAAP); and
Actual Operating Costs has the meaning set forth in Schedule A. ---------------------- ----------