Direct Operating Costs means the sum of the Fixed Costs and Variable Costs of service, maintenance and other costs of service, where:
Direct Operating Costs has the meaning assigned to such term in the Definitions Agreement.
Direct Operating Costs are the actual out-of-pocket costs of the Food Services operation incurred by Contractor at the Facility. These costs include, but shall not be limited to, the actual expense of all food, beverage and supplies, on-site payroll, payroll taxes, fringe benefits, reasonable and approved employee relocation and severance costs, reasonable and approved bonuses for employees, and all other on-site operating expenses including, but not limited to, reasonable insurance charges, external certified annual audit fees, license fees, pest control, permits, cleaning expenses, small-wares, uniforms, repairs and maintenance, service or discount charges on credit card sales, cleaning and office supplies; provided, any discounts, allowances, and rebates received in connection with purchases solely for customer will be credited to Direct Operating Costs. Any portion of national volume or other discounts and allowances related to the Contactor’s operation at the Facility will be retained by the City unless otherwise mutually agreed. Relocation expenses and travel and temporary living expenses will be capped at such level as the City or Convention Center Operator may direct. Direct Operating Costs shall not include Contractor’s income taxes, franchise taxes or business profit taxes, the Contractor’s supervision and support services, account and payroll services (provided, that external payroll processing and delivery services fees and expenses shall be a Direct Operating Cost), nor shall Contractor add or cause to be added any additional fees through or via an internal department or external vendor of products and services (unless otherwise agreed or with respect to certain agreed services directly benefitting the Facility are performed off-site), facility planning and design, auditing, legal, purchasing, personnel, public relations, etc.), payments to management recruiting companies, other general corporate administrative and overhead expenses, replacement of smallwares in excess of one and one-half percent (1.5%) of Gross Receipts, performance, fidelity and payment bonds, or any payments made by Contractor to the City, if any, in accordance with Section16; Contractor will be responsible to pay these costs from its own funds as part of Contractor’s administrative and overhead expenses. Direct Operating Costs shall include expenditures for goods, services, and other items of the type described in the line items of the Operating Budget together with any other costs reasonably re...
Examples of Direct Operating Costs in a sentence
The Contractor shall be required to obtain and hold all pertinent permits and licenses as a Direct Operating Costs for the sale of all Alcoholic Beverages.
Table 13: Direct Operating Costs (nominal $) Operator FTE's, operator cost, maintenance cost At build-out 2015 2016 2017 2018 2019 2020 2021 2022 2024 2044 Operator FTE's 4.9 0.1 0.5 0.6 0.7 0.9 1.6 2.8 2.8 4.9 4.9 Operator cost, thousands 2014$ 490 10 45 60 70 85 160 280 280 490 490 Maintenance cost, thousands 2014$ 444 0 8 20 24 25 28 55 58 71 444 Further information about the items in Table 13: Operator FTE’s have been determined by KWL and Corix, with input from UBC.
The rent under paragraph 5.1 of this Article includes the Reimbursement for Direct Operating Costs ((electricity, thermal energy, water and drainage).
Manager shall prepare and maintain at an office in the Chicago Metropolitan Area full, complete and proper books, records and accounts in accordance with applicable Law and generally accepted accounting principles (“GAAP”) relating to and setting forth the Gross Receipts and the Direct Operating Costs, both for cash and on credit, made in connection with the performance of the Services.
All Direct Operating Costs shall be paid from the Operating Account.
More Definitions of Direct Operating Costs
Direct Operating Costs means: (A) the incremental costs of reasonable expenditures directly attributable to the Project and incurred by the Recipient on account of office supplies, printing, photocopying, travel and other travel-related expenditures, vehicle rental and operation costs, supplies and materials, in each case which would not have been incurred but for the Project; and (B) the reasonable cost of technical or professional expertise provided by the Recipient’s employees who dedicate time to the specific activities of the Project, whether on a full-time basis or otherwise; in each case in accordance with the Annual Work Plan in effect at the time the expenditure is incurred; and
Direct Operating Costs means the pro-rated share of contract instructor salary and fringes associated with providing the contracted services.
Direct Operating Costs. As used herein shall mean the following costs and expenses which County shall pay during any fiscal year of County, or any portion thereof which occurs during the Term, in connection with the management, maintenance, administration, repair, operation, security, gardening , landscaping, cleaning (other than janitorial expenses incurred by LAPA under Section 7.2), all referred to as “operation and maintenance of the Property” including but not limited to the following and except for those specifically identified as excluded:
Direct Operating Costs shall include XXX Phoenix Direct Operating Expenses and SRP Phoenix Direct Operating Expenses.
Direct Operating Costs means all labor costs (including benefits and other payroll costs) paid to personnel at the engaged in the operation of the Parking Garage; costs of required employee uniforms and cleaning; extermination costs, all necessary utilities and services to the Parking Garage including, but not limited to, electrical power, telephone, cell phone for on- site manager, water service, trash pick-up, degreasing service, re-striping service, speed bump and xxxx dots replacement, shall mean all operational costs exclusively related to the operation of the Parking Garage, such as employee labor, material supplies, gasoline and propane used for various cleaner equipment and machinery, fluorescent light bulbs, the cost of insurance and fidelity bonds. Direct Operating Costs also includes HVAC maintenance, sump pump maintenance, costs of trash removal, cleaning costs, costs incurred in the maintenance and repair of any equipment; general maintenance and repairs, signage, gate arm and card reader service, and computer repair service and software costs; provided that any nonrecurring service or repair set forth is this Section 3.1 which costs in excess of Two Hundred Fifty Dollars ($250.00) must be authorized in advance, in writing, by Anaheim.
Direct Operating Costs excludes Manager’s regional or corporate expenses, including any corporate overhead allocations or corporate administrative charges, corporate training expenses and/or labor costs for personnel other than those specifically assigned to the Parking Garage or for those who perform tasks for off-site operations; corporate off-site supervision and support services, including, but not limited to, accounting and payroll services, auditing, human resources support, legal support, purchasing, public relations, payments to management recruiting companies (unless approved by Anaheim); business profit taxes; Possessory Interest Tax assessed by the County of Orange; any interest expense on capital investment; disbursements from the Reserve Account; litigation expenses; civil liabilities and judgments; criminal and civil fines and penalties, punitive damages or similar awards assessed against Manager. Director Operating Costs also excludes any costs from damage claims arising out of negligence or misconduct of Manager, its employees and contractors; any cost related to the Valet operation. “Off-Site” in the context of this Section
Direct Operating Costs means any outlay or expense directly incurred by a person for the purposes of producing Petroleum from a particular licence area, including any royalties paid or payable to the Government for those purposes, provided that the outlays or expenses-