Operation Costs definition

Operation Costs has the meaning set forth in Clause 14.15.
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Operation Costs means all expenses and costs, other than Fixed Costs, incurred by the Authority in providing or preparing to provide Potable Water to Authority Customers (including, without limitation, operation and maintenance expenses, administration and general expenses, working capital, regulatory costs, insurance premiums, and any contractual costs of supply) and the accumulation of reserves and other funds related to payment of said costs. Upon the adoption of a Bond Resolution by the Authority in connection with the sale of Bonds, Operation Costs payable under this Contract shall in any month at least be equal to the amount required to be deposited in that month into the operation and maintenance fund or account created under the Bond Resolution and the amount (together with the amount of Fixed Costs for that month and any other amounts available therefore) required to satisfy any debt service coverage requirement under any Bond Resolution.
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Operation Costs means the costs incurred by Cary for the operation and maintenance of the Primary PSAP after the Operation Date. Operation Costs includes 1) the Cost per Dispatch/Transfer Cary incurs when Dispatching and Transferring calls and 2) costs for any Primary PSAP Improvements needed to continue operation of the Primary PSAP.
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Examples of Operation Costs in a sentence

  • All costs related to such construction shall be recoverable as Petroleum Operation Costs in accordance with this Contract.

  • The District will pay all Maintenance and Operation Costs of the Enterprise as they become due and payable.

  • All of the Gross Revenues shall be deposited by the District immediately upon receipt in the Utility Fund, which fund is hereby continued in the treasury of the District and which fund shall be maintained by the District, and all money in the Utility Fund shall be set aside by the District and applied to the payment of Maintenance and Operation Costs, as and when required to be paid.

  • In order to carry out and effectuate the pledge and lien contained herein, the District agrees and covenants to pay all Maintenance and Operation Costs of the Enterprise (including amounts reasonably required to be set aside in contingency reserves for Maintenance and Operation Costs of the Enterprise, the payment of which is not then immediately required) from the Revenue Fund as they become due and payable.

  • All costs related to such construction will be recoverable as Petroleum Operation Costs under this Contract.

  • OG Operation Costs Funds will be used to support innovative cross regional planning, implementation and evaluation.

  • During Stage 1, the District will maintain and preserve the Enterprises in good repair and working order at all times and will operate the Enterprises in an efficient and economical manner and will pay all Maintenance and Operation Costs of the Enterprises as they become due and payable.

  • Unless otherwise provided by way of this Agreement Participant shall pay its Renewable Development Work Cost Share of all its costs of Renewable Development Work, Financing Work and Pre- Operation Costs in accordance with this Agreement.

  • STEP THREE: For each Charter Customer, determine how much that Charter Customer should pay in Operation Costs for the previous Fiscal Year based upon the Charter Customer’s Annual Water Usage.

  • In the event a Party terminates their participation in this Agreement pursuant to Section 3 of this Agreement, that Party shall remain responsible for its share of the Operation Costs for the then current Term and for any fees for the termination of services being provided by third-parties that result from the terminating Party’s termination.


More Definitions of Operation Costs

Operation Costs means SCIO's actual costs directly related to the creation of diamond material from and operating the Growers, but in the absence of mutual agreement by the Parties, Operation Costs shall be no less than XXX%* and no greater than XXX%* of total sales revenue from Products generated by the Growers. The Parties acknowledge that Operation Costs may include, without limitation, material and supplies including diamond seed material and gasses, Grower repairs and maintenance, laser and fabrication costs, electrical and utility costs and leases, labor, benefits and employee expenses directly involved in production of the material, facility rent or lease and up-fit costs, depreciation expense of facility assets, business insurance, permits, taxes and fees directly related to the production facility and Scio owned assets in facility, property taxes on facility up-fit costs borne by Scio, shipping, customs, import duties and research and development costs as applied to grower operations and improvements.
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Operation Costs means WMATA’s costs and WMATA’s third-party costs to operate VDS, as further detailed in Attachment1.
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Operation Costs means the costs incurred by Burlington for personnel, administration, and equipment of the Burlington Emergency CommunicationsCenter after the Operation Date. Operation Costs includes the costs for any Burlington Emergency Communication Center Improvements needed to continue operation of the Burlington Emergency Communications Center.
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Operation Costs means all expenditures made and costs incurred by the Production Partnership with respect to (i) the production and marketing of Hydrocarbons from completed Production Partnership Wells, including labor, fuel, repaixx, xauling, materials, supplies, utility charges and other costs incident to or therefrom, costs of maintaining inventories incidental to the operations of Producing Properties, costs of making transfers of lease and well equipment to and from Production Partnership Wells, ad valorem and severance xxxxs, insurance and casualty loss expense, and compensation to well operators or others for services rendered in conducting such operations; (ii) the interest, commitment fees and other finance charges and expenses of Production Partnership borrowings incurred in connection with Development Drilling and Improved Recovery Projects; and (iii) processing facilities, pipelines, gas sales facilities, Improved Recovery projects, and other procedures and facilities necessary to produce efficiently the Hydrocarbon reserves from a Producing Property, all to the extent such costs and expenditures are not Property Acquisition Costs.
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Operation Costs. Tenant shall, for the entire Term and at the same time it pays Base Rent, pay to Landlord as an item of additional rent ("Additional Rent"), without any setoff or deduction therefrom, its monthly estimated Proportionate Share of costs ("Operating Costs") which Landlord may incur in maintaining and operating the Project during each calendar year of the Term. "Proportionate Share" is defined as that percentage of Operating Costs incurred by Landlord with respect to the Premises (the decimal equivalent of a fraction, the numerator of which is the rentable area of the Premises and the denominator of which is the rentable area within the Building as well as any other buildings located on or within the Project (i.e. Tenant's Proportionate Share shall initially be 43.420/o). "Operating Costs" are defined to include all expenses and costs (but not specific costs which are: (i) separately billed to and paid by individual tenant; or (ii) to be paid by the Landlord as set forth herein) of every kind and nature which the Landlord shall pay or become obligated to pay because of or in connection with the ownership and operation of the Project and supporting facilities of the Project, including but not limited to all real estate taxes and annual installments of special or other assessments payable with respect to the Project during the Term; costs of any contest of such taxes, including reasonable attorneys' fees (but only to the extent such contested taxes fall within the Term; provided, that Tenant is entitled to require Landlord to contest taxes on one or more occasions during the Term); management fees consistent with management fees charged by landlords of buildings similar to the Building in the Minneapolis/St. Xxxx metropolitan area (but, in any event, not to exceed 5% of gross rents for the Project), insurance premiums, utility costs, security costs, costs of wages, maintenance costs (relating to the Project including sidewalks, landscaping, snow removal and parking or service areas, common areas, service contracts, equipment and supplies) and all other costs of any nature whatsoever which for federal tax purposes may be expensed rather than capitalized, but exclusive of leasing commissions, depreciation, costs of Leasehold Improvements and payments of principal and interest on any mortgages, deeds of trusts, other security devices covering the Project, capital expenditures or improvements to the Project which do not benefit the Premises, repair or replacement of...
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Related to Operation Costs

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.

  • Relocation Costs means costs incurred in the relocation of the furniture, fixtures, equip- ment, machinery and supplies, including, but not limited to, the cost of dismantling and reassembling equipment and the cost of floor preparation necessary for the reassembly of the equipment. Relocation costs include only such costs that are incurred during the ninety-day period immediately following the commencement of the relocation to an eli- gible premises. Relocation costs do not include costs for structural or capital improve- ments or items purchased in connection with the relocation.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Transaction Costs means the costs incurred or estimated by the Management Company to cover the costs (such as, but not restricted to, brokerage, Trustee charges, taxes or levies on transactions, etc.) related to the investing or disinvesting activity of the Trust’s portfolio, inter alia, necessitated by creation or cancellation of Units, which costs may be added to the NAV for determining the Offer Price of Units or to be deducted from the NAV in determining the Redemption Price.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Termination Costs means all documented Direct Costs and Indirect Costs incurred by Transmission Owner in connection with the performance of the Services (i) prior to the effective date of termination, including such costs incurred for materials, equipment, tools, construction equipment and machinery, engineering and other items, materials, assets or services that cannot reasonably be avoided, mitigated or cancelled, (ii) to unwind any work undertaken prior to or after the effective date of termination to the extent reasonably necessary to return the Projects to a configuration or condition in compliance with Good Utility Practice and applicable Law, and (iii) arising from cancellation costs relating to orders or contracts entered into in connection with the performance of Services by Transmission Owner prior to the effective date of the termination.

  • Administration Costs means all costs to administer and distribute the Settlement Fund including the costs and professional fees of the Claims Administrator and the costs of implementing the Notice Plan;

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk’s office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replace- ments and office automation and information technol- ogy equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • Distribution Costs means all costs of:

  • Total Operating Expenses means all costs and expenses paid or incurred by the Company, as determined under generally accepted accounting principles, that are in any way related to the operation of the Company or to Company business, including advisory fees, but excluding (i) the expenses of raising capital such as Organization and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, and other fees, printing and other such expenses and tax incurred in connection with the issuance, distribution, transfer, registration and Listing of the Shares, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with the NASAA REIT Guidelines, (vi) Acquisition Fees and Acquisition Expenses, (vii) real estate commissions on the Sale of Properties, (viii) Financing Coordination Fees and (ix) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgage loans or other property (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair and improvement of property).

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • FOR Destination costs means the cost of equipment and material at the consignee’s stores. The cost is exclusive of Excise duty, Sales Tax and other Local Taxes, but is inclusive of packing, forwarding and insurance and freight charges.

  • Formation Cost means preliminary expenses relating to regulatory and registration fees of the Scheme, flotation expenses of the Scheme, expenses relating to authorization of the Scheme, execution and registration of the Constitutive Documents, legal costs, printing, circulation and publication of this Offering Document, announcements describing the Scheme and all other expenses incurred until the end of the Initial Period.

  • Acquisition Cost means the cost to acquire a tangible capital asset including the purchase price of the asset and costs necessary to prepare the asset for use. Costs necessary to prepare the asset for use include the cost of placing the asset in location and bringing the asset to a condition necessary for normal or expected use.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Gross Operating Expenses shall include (i) all costs and expenses of operating the Hotel included within the meaning of the term “Total Costs and Expenses” contained in the Uniform System and, (ii) without duplication, the following: all salaries and employee expense and payroll taxes (including salaries, wages, bonuses and other compensation of all employees of the Hotel, and benefits including life, medical and disability insurance and retirement benefits), expenditures described in Section 9.1, operational supplies, utilities, insurance to be provided by Lessee under the terms of this Lease, governmental fees and assessments, common area maintenance costs and other common area fees and assessments, food, beverages, laundry service expense, the cost of Inventories, license fees, advertising, marketing, reservation systems and any and all other operating expenses as are reasonably necessary for the proper and efficient operation of the Hotel and the Leased Property incurred by Lessee in accordance with the provisions hereof (excluding, however, (i) federal, state and municipal excise, sales and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes paid over to federal, state or municipal governments, (ii) the cost of insurance to be provided under Article 13, (iii) expenditures by Lessor pursuant to Article 13 and (iv) payments on any Mortgage or other mortgage or security instrument on the Hotel); all determined in accordance with generally accepted accounting principles. No part of Lessee’s central office overhead or general or administrative expense (as opposed to that of the Hotel), and no operating expenses paid or payable by tenants under Space Leases, shall be deemed to be a part of Gross Operating Expenses, as herein provided. Reasonable out-of-pocket expenses of Lessee incurred for the account of or in connection with the Hotel operations, including but not limited to postage, telephone charges and reasonable travel expenses of employees, officers and other representatives and consultants of Lessee and its Affiliates, shall be deemed to be a part of Gross Operating Expenses and such Persons shall be afforded reasonable accommodations, food, beverages, laundry, valet and other such services by and at the Hotel without charge to such Persons or Lessee.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,