Net Operating Costs definition
Net Operating Costs means (i) costs of sales excluding the cost of biomass sold, (ii) external supplies and services, (iii) other expenses, excluding inventory damage, and (iv) other income excluding claim compensations from property damage and inventory damage, and excluding investment grants. Net operating costs is used by investors, analysts and management to evaluate profitability.
Net Operating Costs means the managed routine and extraordinary maintenance and operation of existing programs and facilities, less any associated revenues;
Net Operating Costs means the total annual cost of operating and maintaining WATERBURY’s system, as reduced by any governmental grants-in-aid received.
Examples of Net Operating Costs in a sentence
After the exchange of Statements of Net Operating Costs, an invoice shall be prepared by the Party to whom an equalizing payment is due pursuant to Section B of this Article 7 and submitted to the Party from whom payment is due pursuant to Section B of this Article 7.
Eight Million Dollars ($8,000,000 ) plus the amount of the Net Operating Costs through Closing plus the amount of the Initial Working Capital Adjustment Payment (if any and as provided below), less the amount of the Funded Indebtedness (the “Initial Purchase Price”) in cash.
At the end of each month, AGIS will either ▇▇▇▇ AMCO if the amount forwarded does not cover the Net Operating Costs or credit AMCO if the amount forwarded exceeds the Net Operating Costs.
In order to reimburse AGIS for its Net Operating Costs, AMCO will forward to AGIS $1,000,000 on the first of each month and $600,000 on the fifteenth of each month.
ATL will reimburse ▇▇▇▇ based on the fixed route service costs, minus farebox revenue, Breeze card transaction sales, and any liquidated damages assessed for Xpress service (this calculation shall be defined as "Net Operating Costs").
More Definitions of Net Operating Costs
Net Operating Costs means the APM (i) costs of sales, excluding the cost of biomass sold, (ii) external supplies and services, (iii) other expenses, excluding inventory damage, and (iv) other income excluding claim compensations from property damage and inventory damage, and excluding investment grants.
Net Operating Costs has the meaning given to such term in the Definitions Agreement.
Net Operating Costs means the positive difference, if any, between:
Net Operating Costs means the positive difference, if any, between (A) any and all actual, out-of-pocket costs and expenses incurred by Service Provider during the applicable calendar year in connection with the performance and rendering of services that are the same as or substantially similar to the Services to all of Service Provider's clients (including Client), which costs and expenses may include, without limitation or duplication: (1) the salaries, employee benefits and bonuses of its employees; (2) copy costs; (3) administrative overhead; (4) rent for office space; and (5) costs of materials and supplies, minus (B) the actual amount of commissions payable to (or shared by) Service Provider with any third party brokers relating to any such insurance policies (including renewals). Notwithstanding anything contained in this Agreement to the contrary, in no event shall the amount fees, charges, costs, expenses or other compensation charged by Service Provider to all of its clients (including Client) for any and all services (including the Services) provided by Service Provider exceed the actual Net Operating Costs incurred by Service Provider in providing such services. Service Provider represents that, to its knowledge, the rates and other charges payable by Client under this Agreement do not and shall not exceed the market rate for similar services provided to companies of size, nature and business similar to Client. If Client determines that any of the rates and/or other amounts charged by Service Provider under this Agreement shall exceed the market rate for similar services provided to companies of size, nature and business similar to Client, then Client and Service Provider shall negotiate in good faith to adjust such rates and other amounts to market.
Net Operating Costs. Means the costs defined in Schedule 3
Net Operating Costs means an amount equal to the sum of the Company’s and its Subsidiaries’ (a) gross revenues minus (b) actual out-of-pocket operating expenses incurred in the Ordinary Course of Business, in each case during the Working Capital Period and excluding any Restructuring Costs.
Net Operating Costs means an amount equal to (A) minus (B), in each case determined from the Closing Date through the Repurchase Option Closing, where (A) is equal to the sum of (1) all of the research and development, and manufacturing costs paid or incurred by the Purchaser related to the White Rabbit Division prior to the Initial Seller Notice and, including without limitation any license fees or similar amounts, but not including amounts that constitute White Rabbit Liabilities, (2) a percentage of the total sales and marketing, administrative and other overhead costs of the Purchaser equal to the ratio of the total research and development costs and manufacturing costs relating to the White Rabbit Division during such period to all such operating expenses of the Purchaser during such period, and (3) all capital expenditures paid or incurred by the Purchaser prior to the Initial Seller Notice and related to the operations of the White Rabbit Division, but not including amounts that constitute White Rabbit Liabilities; and (B) is equal to the “Net Revenues” of the Purchaser or the White Rabbit Division, in the event Units are sold by the White Rabbit Division directly to third parties, related to the sale of Units, which shall be defined as the gross revenues from the sale of such Units, less the following related to such Units: discounts and commissions to third parties, returns and allowances, warranty expenses, shipping, taxes and insurance. In the event that the Units are not sold individually by the Purchaser, but instead are bundled with other products sold by the Purchaser, the Purchaser shall determine the amount of Net Revenue allocable to the Units in good faith. For the purposes of this paragraph, all costs and other expenditures paid or incurred by Purchaser related to the White Rabbit Division shall include any costs and other expenditures paid or incurred directly by the White Rabbit Division. For purposes of the Preliminary Repurchase Price Statement, the Preliminary Repurchase Price shall be calculated, in accordance with the foregoing formula, as of the end of the calendar month preceding the receipt of the Initial Sellers Notice.