Operating Cost definition

Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.
Operating Cost means the costs associated with operating a DCA funded property after it is placed in service.
Operating Cost means the total cost and expense incurred in operating, managing, insuring, equipping, lighting, repairing, maintaining and policing the Real Property, including the exterior of the Real Property and the common areas, and specifically including, without limitation, items of expense for or related to: insurance premiums and deductibles, management, bookkeeping.

Examples of Operating Cost in a sentence

  • Operating cost will include: recurring rents for shore station, cyber-pop, logistic and dept space; capacity lease cost: operational and consumable cost.

  • Operating cost includes personnel services, supplies, interest payments and other services.

  • Apply Operating cost inflate factor to Operating costs under E, G, H & P surface classes.

  • The first risk of unforeseen reconfiguration costs has been included for the purposes of the feasibility study in the assessment of Operating cost risk - reconfiguration which is modelled by reference to percentage increases and decreases on the annual input amounts to give maximum, most likely, and minimum inputs.

  • Table 6.17: Operating cost summary for feed water quality at the 95th percentile Description Note: Excludes waste disposal and upstream limestone and HDS process.


More Definitions of Operating Cost

Operating Cost means the total cost and expense incurred in operating, managing, insuring, equipping, lighting, repairing, maintaining and policing the Real Property, including the exterior of the Real Property and the common areas, and specifically including, without limitation, items of expense for or related to: insurance premiums and deductibles, management, bookkeeping, and accounting fees, and an annual addition equal to __________% per annum of the Operating Cost for a reserve fund for major repairs, replacements, and renovations. With each monthly Base Rent payment, Tenant shall pay an estimate of Tenant’s share of the Operating Cost. Such monthly estimates shall be based on the prior year’s actual Operating Cost. On an annual basis, Landlord shall reconcile Tenant’s payments against the actual Operating Cost. In the event Tenant’s payments are less than its share of the actual Operating Cost, Tenant shall pay such deficiency within __________ days of request by Landlord. In the event Tenant’s payments exceed its share of the actual Operating Cost, Landlord shall apply the overpayment to the next monthly estimate(s).
Operating Cost means the total operating cost as reported by the operator under the Uniform System of Accounts and Records, pursuant to Section 99243 and subdivision (a) of Section 99247.
Operating Cost or “Cost of Operations” means those costs actually incurred by Contractor, reasonably necessary to perform under this agreement, and not otherwise specifically excluded in this agreement.
Operating Cost as used in this clause, means the cost of operating equipment such as operating crew labor, servicing labor and equipment, labor and parts for all repairs and maintenance, fuel, oil, grease, supplies, tire wear and repair.
Operating Cost shall have the meaning given in Section 2.04.
Operating Cost means the total cost and expense incurred in operating, managing, insuring, equipping, lighting, repairing, maintaining and policing the Real Property, including the exterior of the Real Property and the common areas, and specifically including, without limitation, items of expense for or related to: insurance premiums and deductibles, management, bookkeeping. C) Taxes. (Check one) ☐ Landlord shall pay all real estate taxes and assessments levied against all or any part of the Demised Premises, the Real Property, and the improvements thereon. ☐ Tenant shall pay all real estate taxes and assessments levied against all or any part of the Demised Premises, the Real Property, and the improvements thereon. Tax Included in Rent (Check one) ☐ Taxes are NOT included in Rent. All such tax obligations shall be payable in addition to the Rent paid under this Agreement. ☐ Taxes are included in Rent. Such taxes and assessments are included in the Rent and shall be paid directly by Landlord. ☐ Taxes are included in Rent, including any increase in real estate property tax. In the event there is any increase during any year of the term of this Agreement in real property taxes over and above the amount of such taxes assessed for the tax year during which the term of this Agreement commences, whether because of increased rate, valuation or otherwise, Tenant shall pay to Landlord upon presentation of paid tax bills an amount equal to the increase in taxes upon the land and the Real Property, proportioned or designated to upon which the Demised Property is situated. In the event that such taxes are assessed for a tax year extending beyond the term of this Agreement, the obligation of Tenant shall be proportionate to the portion of the lease term included in such year. All such tax obligations of Tenant hereunder shall be added to and become part of the Rent paid under this Agreement. D)
Operating Cost means the expenses incurred by the Lessor as part of the operation and management of office buildings. The major costs include: interior and exterior cleaning; snow removal; maintenance of building systems; light bulb and tube replacement; replacement of minor parts to building systems; security systems and guard services; electricity for lighting and operation of mechanical systems; natural gas or oil for heating; water and sewage expenses; and payments for professional property management.