Operational Cost definition

Operational Cost in relation to any financial year of the Company means:
Operational Cost means any payment for professional services, administrative and maintenance expenses of the ACCAHZ and its office, relocation costs, installation costs, official travel expenses, and expenses of other authorised activities; and
Operational Cost means any expenditure by an issuer for the operation of a project, including, but not limited to, utility costs, maintenance costs, payments required for third-party services, service contracts, including, but not limited to, commodities purchase contracts, labor costs, equipment costs, and material costs;

Examples of Operational Cost in a sentence

  • Operational Cost Savings can be excluded if they are offset by an equal reduction in operating subsidies (and therefore are not an overall financial benefit).

  • These are treated the same way as ‘revenue’.Net revenue means Revenue plus Operational Cost Savings less Operating Costs.

  • Operational Cost Savings can be excluded if they are offset by an equal reduction in operating subsidies (and therefore are not an overall financial benefit).The rules to follow will depend on the type and nature of the operation.

  • These are treated the same way as ‘revenue’.Note: Operational cost-savings that arise as a result of the implementation of energy efficiency measures and which occur after the completion of a project, are no longer treated as net revenue.Net revenue means Revenue plus Operational Cost Savings less Operating Costs.

  • The USTRANSCOM TCJ8 Operational Cost Support (OCS) cell will provide validated transportation cost estimates for passengers and cargo.


More Definitions of Operational Cost

Operational Cost means any expenditure by an issuer for
Operational Cost means the fees paid to a vendor for the operation, storage, security, maintenance, and support of the vendor provided solutions.
Operational Cost in relation to any period means –
Operational Cost means any cost incurred on the operation of the company which includes following components: -• Insurance for the asset of the company or the operations of the company.• Wages of all the workers or salary of all the employees.• Cost insured for the security of the asset or deputation of security charges.• Professional fee for consultant, internal auditor, statutory auditor or industry expert as the case may be.• Other operational cost like water, electricity, conveyance and other related cost required for the operations of the corporate debtor. 2.22“Prospective Bidder(s)”Prospective bidder is a bidder who shows interest in the property that has been put forsale as per the said auction document and has provided the relevant documents to become the Qualified Bidder. 2.23“Public Advertisement” shall mean an announcement dated 11/02/2023 in newspaper(s) inviting an expression of interest from the Bidders, who shall submit their Bid to participate in the liquidation process of the Company in accordance with the provisions of IBC and Liquidation Process Regulations; 2.24“Qualified Bidder(s)” shall mean a Bidder who fulfills the eligibility criteria listed out in the EAPID and the same is confirmed by the liquidator as per the timelines of this E-Auction Document. 2.25“Representatives” shall include partners, directors, officers, employees, affiliates, agents, consultants, advisors or such other representatives of the relevant Person expressly authorized by such Person pursuant to corporate authorizations, powers of attorney, or contract; 2.26“Reserve Price” shall mean the price of Rs. 315.00 Crore (Rupees Three Hundred and Fifteen crores only) arrived at for the Corporate Debtor on going concern basis, pursuant to the provisions of the Liquidation Process Regulations; 2.27“Successful Bidder” means, the Qualified Bidder whose Bid is approved and who is declared successful by the Liquidator at the end of the determined auction phase as per the provision of this EAPID, provisions of IBC and the Liquidation Process Regulations and shall include the SPV (if any) through which the Successful Bidder proposes to consummate the sale transaction as per this E-Auction Process Document. 2.28“Taxes” means any taxes including any stamp duty, interest tax, excise duties, customs duties, value added tax, sales tax, local taxes, charges, cess, income tax, TDS, TCS, GST, CST, entry tax, octroi and any impost or surcharge of like nature (whether central, state or local) charged, l...
Operational Cost means, for any Relevant Period, the aggregate amount of personnel costs, administrative costs, overhead costs and any amount attributable to the depreciation of tangible assets and amortisation of intangible assets but excluding any provisions.
Operational Cost means any cost incurred on the operation of the Corporate Debtor which includes following components: -
Operational Cost means any cost incurred by the management and/or operation of the Covered Assets and/or of the NCL Unit, including, without limitation, (a) any salaries or other compensation and related benefits of any Employee (including any bonus, commission or severance arrangements or training, payroll taxes, human resources restructuring or travel- or relocation-related expenses), (b) the cost of office space, the rental of and maintenance of furniture and equipment and expenses for data processing (including the purchase or enhancement of data processing systems), (c) any other overhead or general and administrative expenses and (d) any cost or charges for any services in the sense of paragraphs (a) to (c) provided or benefits in the sense of paragraphs (a) to (c) granted by any Group Company to the NCL Unit.