Operational Purchase definition
Operational Purchase means any purchase that is made in order to operate the business on a day to day basis, and is not a Tangible Capital Asset Purchase.
Operational Purchase means an expenditure that does not constitute a Capital Purchase.
Examples of Operational Purchase in a sentence
Subject to permitted exclusions authorized in the CBA, all expenditures that are either Construction related or Operation related shall be documented and compared with MGM National Harbor’s Total Operational Purchase Value or its Total Purchase Value as applicable, or its Total Construction Purchase Value (as might be applicable).