Variable Costs definition

Variable Costs means the Train Operator’s costs which vary as a result of a Category 3 Disruption, a Relevant Cancellation or a Relevant Service Variation (as the case may be) arising directly from changes in train mileage including staff, maintenance, fuel or electricity costs, and the Variable Charge.

Variable Costs means costs that vary with consumption or volume produced;

Variable Costs means items of cost which may be reasonably and conveniently identified and allocated to a specific unit of service such as hours or kilometres of service;

Examples of Variable Costs in a sentence

• Variable Costs may change frequently; for example, when fuel prices change.

• RMR Avoidable Costs and Variable Costs are calculated daily and paid on a weekly basis.

• The Scheduling Coordinator must provide the data necessary for determining the Variable Costs unless the Negotiated Rate Option precedes the Variable Cost Option in the rank order, in which case the Scheduling Coordinator must have a negotiated rate established with the Independent Entity charged with calculating the Default Energy Bid.

• Variable Costs are the incremental costs an available RMR Generator incurs to produce Energy or Ancillary Services.

• Inflated Allowable Inpatient Medicaid Variable Costs: Adjust allowable inpatient Medicaid variable costs for the number of months between the midpoint of the hospital's fiscal year and December 31, the midpoint of the following rate semester.

More Definitions of Variable Costs

Variable Costs means the costs or expenses that vary depending on how much an aircraft is used including crew fees, maintenance, fuel, and landing and tie-down fees.

Variable Costs means the reasonable costs above basic support costs incurred by or on behalf of a child, including but not limited to, the cost of child care, tuition, a child’s special needs, and other activities that involve substantial cost.

Variable Costs means costs incurred by the Company that vary with the amount of energy delivered by the Company to its customers during any hour.

Variable Costs means those operating costs incurred at the Site by the Supplier in providing SUMF which vary primarily based on consumption, usage or production and which are reconcilable with the cost accounting system of the Supplier existing as of the Effective Date and as from time to time modified by the Supplier (if applied to the entire Site), including the costs of air, cooling water, electricity, fuel, nitrogen, process materials, steam and applicable taxes, but not depreciation; and

Variable Costs means costs that vary with consumption or volume produced and as more fully set out in paragraph 5(3)(ii);

Variable Costs means costs including, but are not limited to fuel, oil, tires, services, repairs, maintenance and preventive maintenance.

Variable Costs shall equal IP’s total direct cash costs related to the manufacturing a ton of the Product, which categories of direct cash costs are as set forth on Schedule C hereto.