Fixed Operating Costs definition

Fixed Operating Costs means the aggregate of all amounts:
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Fixed Operating Costs means Direct Site Costs and Overheads;
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Fixed Operating Costs mean those Project-related operating, maintenance and management costs that are incurred irrespective of the amount of water conveyed through the Project, including, but not limited to, operations and maintenance labor, laboratory costs, landscape maintenance, preventive maintenance, operation-period Administrative Costs, employee salaries and expenses.
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Examples of Fixed Operating Costs in a sentence

  • Within 90 days after the first meeting of the Board, and thereafter prior to the commencement of each fiscal year, the Board shall adopt a budget, including a projection of Capital Costs, Fixed Operating Costs, Variable Operating Costs and Repair and Replacement Costs for the Project for the ensuing fiscal year plus an amount to fund a contingency reserve.


More Definitions of Fixed Operating Costs

Fixed Operating Costs means the aggregate of all amounts: reasonably incurred or charged by the Operator (including any margin payable to the Operator under the Operation & Maintenance Contract); reasonably incurred or charged by DBCT Management with the express written consent of not less than two thirds of Access Holders by contract tonnage; and reasonably incurred by DBCT Management in exercising its rights under the Operation & Maintenance Contract to step in or take work out of the hands of the Operator (as a result of a default by the Operator), to the extent that they represent a fixed cost of operating the Terminal.
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Fixed Operating Costs means those Operating Costs which, in the reasonable judgment of Landlord, do not vary with occupancy levels of the Tower and "VARIABLE OPERATING COSTS" shall mean those Operating Costs which, in the reasonable judgment of Landlord, do vary with the occupancy levels of the Tower. "VARIABLE OPERATING COSTS ATTRIBUTABLE TO All TENANTS" shall mean those Variable Operating Costs which, in the reasonable judgment of Landlord, are allocable to all occupied rentable area of the Tower.
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Fixed Operating Costs means all Building Operating Costs which would have been incurred by Landlord with respect to the Building regardless of whether Tenant or any other tenants occupied the Building. "Variable Operating Costs" shall mean all Building Operating Costs which are not Fixed Operating Costs. Building Operating Costs shall be characterized as Fixed Operating Costs or Variable Operating Costs by Landlord's accountant in accordance with principles formulated by Landlord's accountant in accordance with this provision and consistently applied. Such characterization of Building Operating Costs shall be conclusive and binding on Tenant.
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Fixed Operating Costs means the aggregate of all amounts: reasonably incurred or charged by the Operator (including any margin payable to the Operator under the Operation & Maintenance Contract);
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Fixed Operating Costs means Direct Site Costs and Overheads.
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Fixed Operating Costs has the meaning ascribed to such term in the Offtake Agreements.
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Related to Fixed Operating Costs

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel: