General Operating Expenses definition

General Operating Expenses. Internal Services Chargeback” include proportionate charges, e.g. publications, interpretation, etc. provided by FAO internal sources

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General Operating Expenses means, with respect to any relevant period, general expenses paid, or Reserves for such expenses established by, the Company and its Subsidiaries, other than Income Taxes, that are not directly related to a particular Investment in Class Assets.

Examples of General Operating Expenses in a sentence

In addition, the following are not allowed as grant or matching expenditures: Expenditures for work not included in the Scope of Work of the executed Grant Award Agreement General Operating Expenses (GOE).
Such costs shall include but not be limited to FAO’s actual expenditures in respect of Experts, Consultants, Contracts, Travel, Training, Equipment, Technical Support Services and General Operating Expenses; and (b) the FAO Project Servicing Costs.
Procurement - 6111 Reporting Costs - - - - 6116 Project Evaluation Costs - - - - 6120 Technical Assistance to Field Projects 5028 General Operating Expenses 5040 General Operating Expenses - External Services 5050 General Operating Expenses - Internal Services Chargeback - - - - “We hereby confirm to the best of our knowledge and based on the available records that the above amounts have been paid for the proper execution of the Agreement and in accordance with the terms and conditions thereof.
As part of the consideration for the execution of this Lease Agreement, and in addition to the Base Rent specified above, Tenant covenants and agrees to pay, for each calendar year beginning on the first (1st) day of the fifth (5th) month after the Effective Date, as additional rent (the “Additional Rent”), the following amounts: Tenant’s pro rata share of the General Operating Expenses (as hereinafter defined) for the Hospital Space for that year.
Tenant’s pro rata share for this subsection (1) shall be a fraction, the numerator of which is the Net Rentable Area of the Hospital Space, and the denominator of which is the Net Rentable Area in the Building; Tenant’s pro rata share of the General Operating Expenses for the Medical Office Space for that year.
In addition, the following are not allowed as grant or matching expenditures: General Operating Expenses (GOE).
General Operating Expenses – HR Direct Support costs, security, office occupancy fees at HQ and regional offices (new Cost Recovery Policy), Financial Services, and Procurement Services.
To permit the Company to determine Class Net Cash Flow attributable to particular Class Assets, the Company shall maintain, and shall cause each Subsidiary to maintain, its books and records on a Class-by-Class basis, with Direct Operating Expenses, General Operating Expenses and income taxes allocated among the Class Assets in the manner provided herein.
The General Operating Expenses (GOE ) costs for the first 6 months of the agreement (starting in 2024) are estimated at $504 thousand and $1 million for the following 12 months for an estimated 18-month total of $1.5 million between July 9, 2024 through January 9, 2026.
General Operating Expenses are estimated at 5.5% of Personnel Expenses and include client expenses, operating supplies, medical records system inclusion for data and outcome gathering, and other general operating expenses.

More Definitions of General Operating Expenses

General Operating Expenses means costs for supplies, including smallwares and cleaning supplies; telephone, gas, electric, water, waste removal and other utilities; advertising, marketing and promotion; controllable expenses like employee uniforms, repairs and maintenance on the equipment and restaurant premises, service contracts, office supplies and janitorial supplies and services; and non-controllable expenses like cash handling and credit card fees, payroll processing fees, accounting and other professional fees, and employee recruiting costs. We also imputed royalties equal to 5.5% of Gross Sales as part of General Operating Expenses even though company restaurants do not pay royalties. We did not impute any Merchandise Costs or contribution to the Merchandise Fund as we have not implemented these contributions yet. We began charging an Advertisement Assessment (of 0.9% of Gross Sales) beginning January 1, 2021. We also did not impute any Advertisement Assessment (which can range up to 4.5% of Gross Sales) because company-owned Habit Burger Restaurants will pay the same Advertising Assessment, and the definition for “General Operating Expenses” here already includes “advertising, marketing and promotion” costs that the THR 2021 Covered Restaurants incurred.

General Operating Expenses include cost of publications, printing, etc.

General Operating Expenses as used herein shall mean (a) all expenses, costs and disbursements incurred by Landlord in connection with the ownership, operation, maintenance and repair of the Building, the Land, related pedestrian walkways, landscaping, fountains, roadways and parking facilities (including the Building Basement) and (b) with respect to the Garage, the Taxes attributable to the Garage and the costs of providing security to the Garage as set forth herein; provided, however, in calculating General Operating Expenses under this Lease, (i) General Operating Expenses shall include only an allocable share of the Taxes attributable to the Garage and costs of providing security (to the extent such costs are General Operating Expenses as provided below) based on the ratio in which the number of parking spaces in the Garage allocated to the Building bears to the total number of parking spaces in the Garage (presently, the number of parking spaces allocated to the Building is 711 [i.e., based on an allocation of 3.5 parking spaces per 1,000 square feet of gross floor area in the Building] and the total number of parking spaces in the Garage is 1,488 and accordingly, 47.78% of the Taxes attributable to the Garage and the costs of providing security to the Garage are allocated to the Building), and (ii) there shall be no deduction of any parking rentals or revenues received by Landlord in connection with the operation of the Garage notwithstanding any contrary provision hereof or any applicable accounting principle (the Building, the Land, and said additional facilities [excluding the Garage] being hereinafter sometimes referred to as the “Complex”), including but not limited to the following: