Operating Margin Sample Clauses

Operating Margin. 4 1.3.24 Operating Margin Customer...................... 4 1.3.25 PJM Interchange................................ 4 1.3.26 PJM Interchange Export......................... 4 1.3.27 PJM Interchange Import......................... 5 1.3.28 PJM Open Access Same-time Information System... 5 1.3.29 Point-to-Point Transmission Service. .......... 5 1.3.30 Ramping Capability............................. 5 1.3.31 Regulation..................................... 5 1.3.32 Regulation Class............................... 5 1.3.33 Spot Market Energy............................. 5 1.3.34 Transmission Congestion Charge................. 5 1.3.35 Transmission Congestion Credit................. 6 1.3.36 Transmission Customer.......................... 6 1.3.37 Transmission Forced Outage..................... 6 1.3.38 Transmission Planned Outage.................... 6 1.4
Operating Margin. 4 1.3.24 Operating Margin Customer .............................. 4 1.3.25 PJM Interchange ........................................ 4 1.3.26 PJM Interchange Export ................................. 4 1.3.27 PJM Interchange Import ................................. 5 1.3.28 PJM Open Access Same-time Information System ........... 5 1.3.29 Point-to-Point Transmission Service .................... 5
Operating Margin. (i) Commencing with the fiscal quarter ending December 31, 2017 and for each fiscal quarter ending thereafter, Companies will not permit Gross Profit (as hereafter defined) as of the end of such fiscal quarter to be less than two percent (2%) of Companies’ revenue (determined in accordance with GAAP) for such fiscal quarter. (ii) For the calendar months ending July 31, 2018, August 31, 2018 and September 30, 2018, Companies will not permit Gross Profit (as hereafter defined) as of the end of such calendar month to be less than zero percent (0%) of Companies’ revenue (determined in accordance with GAAP) for such calendar month.
Operating Margin. The Committee shall be responsible for establishing a target operating margin for the Program Budget. The target operating margin will be viewed in relation to the performance of the collective set of programs. The operating margin for the entire program budget may be adjusted annually by the Committee and shall be established at a target rate between 0% (break-even) and 10%.
Operating Margin. 227,456 -------- 336,046 249,922 -------- 349,631 212,290 -------- 326,815 Operations and maintenance expense......................... 187,969 178,310 169,921 Depreciation and amortization.............................. 62,492 57,284 55,088
Operating Margin. 227,456 ---------- 336,046 249,922 ---------- 349,631 212,290 ---------- 326,815 214,293 ---------- 320,097 276,954 ---------- 288,056
Operating Margin. “Operating Margin” means, on a percentage basis, the net execution of all whole loan sales during the performance period, plus net interest earned on unsold inventory, less loan acquisition costs.
Operating Margin. At any time, permit the negative variance, if any, between the cumulative actual monthly Operating Margin and the cumulative forecasted monthly Operating Margin for the same period (as set forth in the Budget) to exceed $6,000,000.
Operating Margin. The Borrower's Operating Margin will not for any period set forth below fall below the percentage set forth below opposite such period: Period Margin ------ ------ January 1, 1997 through March 31, 1997 -5.1% January 1, 1997 through June 30, 1997 -2.0% January 1, 1997 through September 30, 1997 -0.1% January 1, 1997 through December 31, 1997 0.9%
Operating Margin. Commencing with the fiscal quarter ending December 31, 2017 and for each fiscal quarter ending thereafter, Companies will not permit Gross Profit (as hereafter defined) as of the end of such fiscal quarter to be less than two percent (2%) of Companies’ revenue (determined in accordance with GAAP) for such fiscal quarter. For purposes hereof, the term “Gross Profit” shall mean an amount equal to (i) revenue received by Companies during the applicable period, minus (ii) the cost of goods sold during the applicable period, including all direct sales and marketing expenses incurred by Companies during such period, all to be determined in accordance with GAAP and in a manner consistent with Companies’ past practices and otherwise supported by calculations acceptable to Agent.”