Eligible operating expenses definition

Eligible operating expenses means all operating
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Eligible operating expenses means costs directly incurred by the operator(s) of the transit services in undertaking the Project that are eligible for federal reimbursement, and shall include, but not be limited to, expenses for driver salaries, fuel and maintenance, and may include the cost of an independent audit of the project.
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Eligible operating expenses refers to expenses that may be, in part or in full, funded by the Province, the categories for which are as set out in section 1.3 of Schedule B;
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Examples of Eligible operating expenses in a sentence

  • Contributions by the Municipality towards Eligible Operating Expenses that have been received but not matched with a Provincial share contribution will be deferred in the Local Transit Fund.

  • Contributions by the Municipality towards Eligible Operating Expenses that have been matched with a Provincial share Contribution but have not been used to fund incurred Eligible Operating Expenses.

  • Contributions by the Municipality prior to March 31, 2021, towards Eligible Operating Expenses that have been matched with a Provincial share Contribution but have not been used to fund incurred Eligible Operating Expenses.

  • The State shall pay to the Contractor the Federal Share of the Eligible Operating Expenses of the Project as described in Schedule A and the approved Project Applications, subject to the terms and conditions of this Agreement, including verification of the Projects eligible Operating Expenses, operating and other revenues, Net Operating Deficit and Unfunded Deficit by the certified Annual Report and, if applicable, the Federal Single Audit required by Articles 13 and 14 of this Agreement.

  • The non-federal portion of the Eligible Operating Expenses of the Project shall be paid for as described in each of the Contractor's approved annual Project Applications, consistent with federal Section 5311 regulations, with the condition that the State incurs no obligation under this Agreement to pay any funds to the Contractor other than the Federal Share.

  • The State shall reimburse the Contractor for the Federal Share of the Project's Eligible Operating Expenses in accordance with the terms and conditions of this Agreement.

  • The Contractor shall likewise initiate and prosecute to completion all actions necessary to enable the Contractor to provide its portion, if any, of the non- federal share of the Eligible Operating Expenses of the Project.

  • Eligible Operating Expenses The Authority will invoice the Municipality and collect on monthly Municipal invoices based on Incurred Eligible Operating Expenses to provide Transit Service.

  • The operating assistance shall be applied toward the Eligible Operating Expenses incurred during the time period of January 1, 2012 through December 31, 2012.


More Definitions of Eligible operating expenses

Eligible operating expenses means those expenses of the Business calculated in accordance with Canadian Generally Accepted Accounting Principles, excluding those expenses as outlined in Schedule “F”;
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Eligible operating expenses means expenditures pursuant to a budget submitted in accordance with section
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Eligible operating expenses means expenditures pursuant to a budget submitted in accordance with section 340.08 of the Revised code and approved by the department on accordance with section 5119.22 of the Revised Code and shall include salaries and fringes for qualified personnel; operation,
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Eligible operating expenses means the Operating Expenses; provided however, that in no event shall “Eligible Operating Expenses” include any costs or expenses payable by the Arena Manager or the Team Owner pursuant to any losses attributable to the gross negligence, intentional misconduct or criminal acts of the Arena Manager or the Team Owner or any of their respective agents, employees, officials or other representatives.
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Eligible operating expenses means all operating expenses required for public transportation, including employee wages and benefits, materials, fuels, supplies, facilities, rental of facilities, and any other expenditure that directly supports the expansion of transit service.
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Related to Eligible operating expenses

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Current Expenses means operating costs other than personal services and shall not

  • Pre-Opening Expenses means, with respect to any fiscal period, the amount of expenses (other than interest expense) incurred with respect to capital projects that are classified as “pre-opening expenses” on the applicable financial statements of the Company and its Restricted Subsidiaries for such period, prepared in accordance with U.S. GAAP.

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.