Incremental Operating Cost definition

Incremental Operating Cost means incremental operating cost incurred on account of the implementation and management of the activities carried out under the Project, and as described separately in the PIP.
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Incremental Operating Cost means reasonable costs of goods and non-consulting services required for the day-to-day coordination, administration and supervision of the project, including leasing and/or routine repair and maintenance of vehicles, equipment, facilities and office premises, fuel, office supplies, utilities, consumables, communication expenses (including postage, telephone and internet costs), translation, printing and photocopying expenses, bank charges, publications and advertising expenses, vehicle insurance, Project-related meeting expenses, Project-related travel, subsistence and lodging expenses, other administrative costs, and cost of contractual staff directly related to the Project, but excluding salaries, bonuses, fees and honoraria or equivalent payments of members of the Recipient’s civil service.
Sample 1
Incremental Operating Cost means the reasonable costs of goods and services required for the day-to-day implementation of the Project, including, costs of maintenance of vehicles and equipment, fuel, office supplies, utilities, consumables, communication, office rental and maintenance, bank charges, advertising expenses, travel of staff (including per diems and accommodation), and salaries of selected contracted support staff, but excluding salaries and salary top-ups of civil servants of the Borrower.
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Examples of Incremental Operating Cost in a sentence

  • The Incremental Operating Cost means the costs of operation and maintenance of equipment, office expenses, hiring of vehicles,salaries and allowances of additional staff and travel and supervision costs incurred for the purposes of carrying out the project.

  • However, the Institution should ensure the implementation of all the other indicated activities.• Expenditure on Minor Civil Works for CoE shall not exceed 3% of the CoE’s allocation.• Expenditure on Incremental Operating Cost for CoE shall not exceed 10% of the CoE’s allocation.• Salary expenditure of faculty and staff appointed on contract against the existing vacancies can not be charged to the Project.

  • The AF will be disbursed against one category including Goods, Works, Non-consulting Services, Consulting Services, Training and Workshops and Incremental Operating Cost.

  • However, expenditure on Goods (equipment, furniture, learning resources, books, course-specific software, etc.) by an Institution will normally not exceed 48% of its approved project allocation.• Expenditure on Incremental Operating Cost in a State shall not exceed 10% of the cumulative allocation for all the Institutions selected under Sub-component 1.1 in the State.• Salary expenditure of faculty and staff appointed on contract against the existing vacancies can not be charged to the Project.

  • The Incremental Operating Cost means the costs of operation and maintenance of equipment, office expenses, hiring of vehicles, salaries and allowances of additional staff and travel and supervision costs incurred for the purposes of carrying out the Project.

  • The Incremental Operating Cost means the costs of operation and maintenance of equipment, salaries and allowances of faculty of new PG Programme and travel and supervision costs incurred for the purposes of carrying out the project.

  • In particular, Mendoza was repeat- edly instructed that the position of secretary-treasurer was required to be a full-time position, but he ignored these directives.

  • The Government of the Philippines has received a loan from the World Bank thru Loan No. 9271-PH towards the cost of the Philippine Rural Development Project (PRDP) and intends to apply part of the proceeds of this loan to payment for the cost of the Incremental Operating Cost (Individual Contract of Service)/Contracted Staff.

  • The definition of the Incremental Operating Cost has been updated to clarify the definitions of salaries of contractual staff, per diem, and vehicles.

  • Incremental Operating Cost 0.317.2001.370.00.16.30.16.5001.83.30.31.30.2Total Project Costs 19.335.00.51.05.610.216.530.011.120.12.13.855.198.74.349.31.6Interest During Implementation 0.7100.000000000000.71.3000Total Disbursement 20.035.90.51.05.610.016.529.611.119.82.13.855.8100.04.349.31.6Danida = Danish International Development Assistance, NGO = nongovernment organization, PKSF = Palli Karma-Sahayak Foundation.a Figures may not add up due to rounding.


More Definitions of Incremental Operating Cost

Incremental Operating Cost means incremental expenses incurred by the PIU on account of Project implementation, management and monitoring, including office supplies, vehicle operations, travel, rent, communications, utilities and salaries for PIU staff excluding those of civil servants, incurred for the purpose of carrying out of the Project.
Sample 1
Incremental Operating Cost means the expenditures made on account of the operation and maintenance of the vehicles and research equipment procured out of the proceeds of the Loan.
Sample 1
Incremental Operating Cost means the reasonable costs of incremental expenditures incurred by the Unidad Desconcentrada Empoderar or the Communities benefiting from CI Grants in relation to /their respective activities under the Project, which expenditures would not have been incurred absent the Project, including, inter alia: (i) office rental and utilities fees; (ii) office staples; (iii) operation and maintenance of office equipment; (iv) vehicle rental, operations and maintenance; (v) in-country travel per diem and allowances for PCT and ROUs staff and Community members; (vi) banking services and insurance costs; (vii) advertisement, communication and dissemination expenses; (vii) translation and printing costs; and (viii) salaries, allowances and other emoluments of incremental Project staff (including health benefits of PCT and ROUs), but excluding salaries of the Recipient’s civil servants or permanent employees.
Sample 1
Incremental Operating Cost means the reasonable costs of incremental expenditures incurred by the Unidad Desconcentrada Empoderar or the Communities benefiting from CI Grants in relation to /their respective activities under the Project, which expenditures would not have been incurred absent the Project, including, inter alia: (i) office rental and utilities fees; (ii) office staples;
Sample 1

Related to Incremental Operating Cost

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

  • Total Operating Expenses means all costs and expenses paid or incurred by the Company, as determined under generally accepted accounting principles, that are in any way related to the operation of the Company or to Company business, including advisory fees, but excluding (i) the expenses of raising capital such as Organization and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, and other fees, printing and other such expenses and tax incurred in connection with the issuance, distribution, transfer, registration and Listing of the Shares, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with the NASAA REIT Guidelines, (vi) Acquisition Fees and Acquisition Expenses, (vii) real estate commissions on the Sale of Properties, (viii) Financing Coordination Fees and (ix) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgage loans or other property (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair and improvement of property).

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

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Total Fund Operating Expenses with respect to a Fund is defined to include all expenses necessary or appropriate for the operation of the Fund including the Adviser’s investment advisory or management fee under the Advisory Agreement and other expenses described in the Advisory Agreement that the Fund is responsible for and have not been assumed by the Adviser, but excludes front-end or contingent deferred loads, taxes, leverage expenses, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, unusual or infrequently occurring expenses (such as litigation), acquired fund fees and expenses, and dividend expenses, if any.

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Property tax increment means the amount obtained by:

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Annual Operating Expenses for the Class means and will consist only of the following operating expenses of the Series for the Class that are, under generally accepted accounting principles, accruable and deductible from the Series’ assets with respect to the Class for the period involved: (i) investment advisory fees, if any; (ii) Rule 12b-1 distribution fees, if any; and (iii) custodian fees, shareholder servicing fees, administrative and office facilities expenses, professional fees, trustees’ fees and any other operating expenses of the Series with respect to the Class that are recorded or includable in the Series’ statement of operations in accordance with generally accepted accounting principles. Notwithstanding the provisions of the immediately preceding sentence, the Series’ “Annual Operating Expenses” for the Class do not include “acquired fund expenses”, interest and dividends on securities sold short, amortization of organization expenses, taxes, brokerage commissions, litigation and indemnification expenses or any costs or expenses of or for the Series with respect to the Class that are “extraordinary” as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). Very truly yours, ROYCE & ASSOCIATES, LLC By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Chief Operating Officer ACCEPTED: THE ROYCE FUND By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Vice President [Royce & Associates, LLC letterhead] December 31, 2008 The Royce Fund 0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, XX 00000 Re: Fee Waiver and Expense Reimbursement – Royce Low-Priced Stock Fund (R Class) Gentlemen: Reference is made to the Investment Advisory Agreement dated October 1, 2001 (the “Agreement”) by and between The Royce Fund (the “Fund”) on behalf of Xxxxx Xxx-Priced Stock Fund (the “Series”) and Royce & Associates (the “Adviser”). Notwithstanding the provisions of Section 4 (Compensation of the Adviser) of the Agreement, the Adviser hereby waives compensation for services provided by it under the Agreement for the period beginning January 1, 2009 and ending April 30, 2010 (the “Period”), and/or agrees to reimburse expenses relating to the Period to the Series with respect to the Class in an amount, if any, necessary so that the Series’ “Annual Operating Expenses” for its R Class of shares (the “Class”) are not more than 1.84% of the Class’ average net assets for the Period. The Adviser hereby also waives compensation for services provided by it under the Agreement to the Series with respect to the Class, and/or agrees to reimburse expenses to the Series with respect to the Class for each subsequent annual period through the annual period ending April 30, 2019 (but not for any annual period thereafter) in an amount, if any, necessary so that the Series’ Annual Operating Expenses for the Class are not more than 1.99% of the Class’ average net assets for such annual period. The Adviser’s obligations to reimburse the Series with respect to the Class hereunder will not apply for any period when the Adviser is not rendering services to such Series under the Agreement.

  • Planned special exposure means an infrequent exposure to radiation, separate from and in addition to the annual occupational dose limits.

  • Fixed Incremental Amount means (i) the greater of $920,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • 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.

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Incremental Amount means, at any time, the excess, if any, of (a) $200.0 million over (b) the aggregate amount of all Incremental Term Loan Commitments and Incremental Revolving Facility Commitments established prior to such time pursuant to Section 2.21.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Overcollateralization Increase Amount With respect to any Distribution Date, the lesser of (a) the Overcollateralization Deficiency Amount as of such Distribution Date and (b) the Net Monthly Excess Cashflow for such Distribution Date.