Annual cost definition

Annual cost means, in relation to the ownership and operation of an aircraft, the cost of keeping, maintaining and operating the aircraft over the period of one year, including corporate administration and standard calculations of depreciation;

Annual cost means the sum of running costs and periodic costs or replacement costs paid in a certain year;

Annual cost means the cost of the balloon over a period of one calendar year. There is no element of profit or salary for the pilot.

Examples of Annual cost in a sentence

• Annual cost to the Company equals the additional investment in local facilities to serve the new load times the Company's annual carrying charge rate of 10.73%; and the increase in annual base rate revenue equals the annual revenue from the estimated increase in the customer's power consumption, exclusive of the fuel component of rates.

• Annual cost is determined using the projected unit credit method.

• Annual cost allocation manual updates shall be filed on or before the last working day of each calendar year.

• Annual cost of illness and quality-adjusted life year losses in the United States due to 14 foodborne pathogens.

• Monthly Cost = Monthly cost is computed by multiplying the total unit cost by the units needed per month.Annual Cost = Annual cost is computed by monthly cost times 12 months.

More Definitions of Annual cost

Annual cost means a maximum dollar expenditure for a 12-month period including the costs of amendments, change orders, and renewals.

Annual cost means, in the case of an Employee, all payments associated with the employment of drivers (such as salary, bonus, overtime, pension contributions, employer’s PRSI) and includes all amount which may be payable in connection with unsocial hours or other enhancements; and

Annual cost means the cost to the Lead Authority of discharging its obligations on behalf of the Authorities under this Agreement repayable by way of each Authority’s Contribution “Authorities’’ is defined above “Budget’’ means an itemised summary of intended income, revenue and capital expenditure for the Financial Year as described in Schedule 5, Part 1 “Business Plan’’ means the annual plan prepared by the Executive Board on behalf of the Consortium and the Authorities for the Joint Committee as more particularly described in Schedule 5, Part 2 “The Central Team’’ means the unit set up to support the Executive Board and to perform the roles described in Schedule 6 “Chair’’ means the presiding chairman of meetings of a committee or board under this Agreement

Annual cost means as defined in the Agreement.

Annual cost means the cost to the Lead Council of discharging its functions on behalf of the Councils under this Agreement (and the Councils acknowledge that the Annual Cost does not include the Unitary Charge payment made under the Project Agreement)

Annual cost means the estimated cost of generating and transmitting electric energy to the Customer, operating and maintaining the facilities constructed to serve the Customer and the fixed charges, including return, income tax and depreciation, on the cost of facilities constructed to serve the Customers.

Annual cost means the annual subscription fee payable by the Supplier to the Company in respect of the Company Services, as stipulated on the Website from time to time;