Total Operating Costs definition
Total Operating Costs means the direct cost incurred in providing care to patients. Included in operating cost are: salaries and wages, rent or mortgage, employee benefits, supplies, equipment purchase and maintenance, professional fees, advertising, overhead, etc. It does not include start up costs.
Total Operating Costs has the meaning in Clause 6.1.2.
Total Operating Costs means, in respect of any Accounting Period or part thereof:-
Examples of Total Operating Costs in a sentence
Landlord may adjust its estimates of Total Operating Costs at any time based upon its experience and reasonable anticipation of costs.
Within the next thirty (30) days, Tenant shall pay Landlord any underpayment, or Landlord shall credit Tenant with any overpayment, of Tenant’s Pro Rata Share of such Total Operating Costs.
Landlord shall keep books and records regarding Total Operating Costs.
At the request of Tenant (“Tenant’s Audit Notice”) given within one hundred eighty (180) days after Landlord delivers Landlord’s statement of Total Operating Costs with respect to any fiscal year during the Term, Tenant (at Tenant’s expense) shall have the right to examine Landlord’s books and records applicable to Total Operating Costs for such fiscal year.
As of the Commencement Date, Tenant’s proportionate share of Total Operating Costs (or Pro Rata Share as defined in the Lease) shall be 75.83%.
More Definitions of Total Operating Costs
Total Operating Costs means, for any measurement period, the sum of Pass—Through Costs and Other Costs.
Total Operating Costs means, for any measurement period, the sum of [***].
Total Operating Costs for any Year means the aggregate of HEC’s Electricity-Related operating costs calculated in accordance with Schedule 2 in that Year, and inter alia includes the following in that Year:-
(a) Depreciation;
(b) interest payable on consumers’ deposits, loans and bank overdrafts (other than interest incurred on Borrowed Capital up to Commissioning) less interest receivable on bank deposits;
(c) recurrent expenditure incurred in promoting and implementing demand response, energy efficiency and conservation; and in promoting the development of renewable energy;
(d) expenditure incurred in reducing emissions of the pollutants controlled by Specified Process Licences;
(e) cost of labour, materials and supervision;
(f) approved electricity purchases from third parties within or outside Hong Kong;
(g) the amount as specified in Section C(2) of Schedule 2 relating to Fixed Assets disposal;
(h) fair value changes in financial instruments and foreign exchange differences as specified in Section D of Schedule 2; and
(i) provision for Asset Decommissioning Obligation as specified in Section G of Schedule 2.
Total Operating Costs for any Year means the aggregate of HEC’s Electricity-Related operating costs calculated in accordance with Schedule 2 in that Year, and inter alia includes the following in that Year:-
(a) Depreciation;
(b) interest payable on consumers’ deposits, loans and bank overdrafts (other than interest incurred on Borrowed Capital up to Commissioning) less interest receivable on bank deposits;
(c) recurrent expenditure incurred in promoting energy efficiency and conservation;
(d) expenditure incurred in reducing emissions of the pollutants controlled by Specified Process Licences;
(e) cost of labour, materials and supervision;
(f) approved electricity purchases from third parties within or outside Hong Kong;
(g) the amount as specified in Section C(2) of Schedule 2 relating to Fixed Assets disposal;
(h) fair value changes in financial instruments and foreign exchange differences as specified in Section D of Schedule 2; and
(i) provision for Asset Decommissioning Obligation as specified in Section G of Schedule 2.
Total Operating Costs shall include (i) all Common Area Maintenance expenses, as specified in Section 8; (ii) any Real Property Taxes, as defined in Section 16; (iii) the cost of water, sewer, gas, electricity, air-conditioning, heat, ventilation, and other utilities serving the Premises and paid by Landlord, including any related connection charges or deposits (collectively, “Landlord Utilities”), in accordance with Section 17; and (iv) the cost of all insurance purchased by Landlord and enumerated in Section 18 of this Lease, including any deductibles (collectively, Insurance Premiums).
Total Operating Costs means, [***].
Total Operating Costs for any Year means the aggregate of HEC’s Electricity-Related operating costs calculated in accordance with Schedule 2 in that Year, and inter alia includes the following in that Year:-
(a) Depreciation;
(b) interest payable on consumers' deposits, loans and bank overdrafts (other than interest incurred on Borrowed Capital up to Commissioning) less interest receivable on bank deposits;
(c) recurrent expenditure incurred in promoting energy efficiency and conservation;
(d) expenditure incurred in reducing emissions of the pollutants controlled by Specified Process Licences; Sch. 1(28)
(e) cost of labour, materials and supervision;
(f) approved electricity purchases from third parties within or outside Hong Kong;
(g) the amount as specified in Section C(2) of Schedule 2 relating to Fixed Assets disposal;
(h) fair value changes in financial instruments and foreign exchange differences as specified in Section D of Schedule 2; and
(i) provision for Asset Decommissioning Obligation as specified in Section G of Schedule 2.