Operating. Percent (%) of the cost of Operating the Joint Property exclusive of costs provided under Paragraphs 1 and 9 of Section II, all salvage credits, the value of injected substances purchased for secondary recovery and all taxes and assessments which are levied, assessed and paid upon the mineral interest in and to the Joint Property COPAS-1986-OFFSHORE Recommended by the Council of Petroleum Accountants Societies
Operating. The Grantee shall apply all Operating Grant Funds provided under this contract to the Operating Expenses incurred in the provision of public transportation service within Highland County, Ohio.
Operating. ODOT agrees that the operating Grant Funds paid to the Grantee in accordance with this Contract shall consist of a Federal share in an amount not to exceed Six Hundred Seventy-Four Thousand, Eight Hundred Twenty-Six Dollars ($674,826) and a State share in an amount not to exceed One Hundred Forty-Two Thousand, Four Hundred Sixty-Five Dollars ($142,465).
Operating. If, in any calendar year, the Operating Expenses for the Property of which the Premises are a part, are in excess of the amount of the Base Operating Expenses, LESSEE will pay to LESSOR, as additional rent hereunder, when and as designated by notice in writing by LESSOR, the amount of the excess multiplied by the Escalation Factor. Operating expenses are defined for the purposes of this agreement as: The aggregate costs or expenses reasonably incurred by LESSOR with respect to the operation, administration, cleaning, repair, maintenance and management of the premises including, without limitation, those items enumerated in "Exhibit C" attached hereto. Any such accounting by LESSOR shall be binding and conclusive upon LESSEE unless within thirty (30) days after that giving by LESSOR of such accounting, LESSEE shall notify LESSOR that LESSEE disputes the correctness of such accounting, specifying the particular respects in which the accounting is claimed to be incorrect.
Operating. Amount reported for operating costs should include all of the following items: insurance, professional fees and audit, postage, office and program supplies, utilities, maintenance, equipment and furnishings depreciation, telephone, training and conferences, food and household supplies, travel, vehicle costs and depreciation, and other operating related costs. Space: Amount reported for space costs should include all of the following items: Rent/Utilities/Maintenance: Rental costs for office space; costs of utilities and maintenance for owned or rented space. Mortgage Principal/Interest/Depreciation/Taxes: Costs with owning a building (excluding utilities and maintenance).
Operating. Once the unit is on line, it may be controlled either manually or automatically from the Xxxx V control Operator Interface. Manual control is provided by the governor raise/lower control displayed on the operator interface screen. Automatic operation is switched on when the operator selects one of three load points (preselect or base) from the turbine control interface. For a fully automatic start with automatic loading to base load, the operator selects the "Auto" operating mode, enables auto synchronization and selects "Base" load. Given a "Start" signal, the unit will then start, synchronize and load to Base load with no further input on the part of the operator.
Operating. The LESSEE shall pay to the LESSOR as additional rent hereunder when and as ESCALATION operating expenses over those incurred during the calendar year .
Operating. An “OP-4, 1st Year” hired to become an “OP-1” will progress from “OP-4” within the times shown.
Operating. RESPONSIBILITY Owner, in accordance with the terms of this Contract during the Term hereby delegates to Operator the exclusive authority and responsibility for the management and operation of the Hotel and Operator undertakes to operate and manage the Hotel in accordance with the terms hereof and in the same manner as is customary and usual in the operation of other similarly managed hotels in the same general geographical area and appealing to the same market in the Sheraton hotel system in the Sheraton Asia-Pacific Division subject to the operation always being of an international five-star service standard. Owner agrees to provide the necessary funds to maintain the Hotel as an international five-star Hotel. Operator shall have full powers to operate and manage the Hotel and shall make its best efforts to achieve good results.
