Operating Ratio definition

Operating Ratio means the ratio, expressed as a percentage of the net operating costs actually incurred by Contractor, exclusive of Pass-Through Costs and Non-Allowable Costs, divided by the Contractor’s net income.

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Operating Ratio the ratios of Allowable Expenses divided by Total Revenues (based on Allowable Expenses). Operating Ratio means 88.5%. Other Allowable Non-Fuel Expenses: all Allowable Expenses except Major Allowable Expenses and Fuel Related Expenses. Other Allowable Non-Fuel Expenses will be adjusted using the Adjusted CPI Index. The initial Adjusted CPI Index for the 2007 Rate Year will be based upon a one-time 2003 Base Year adjustment. Other Allowable Non-Fuel Expenses include:

Operating Ratio means the proportion of total

Examples of Operating Ratio in a sentence

• Allowable Expenses also include certain expenses which have been previously included for the purposes of recovering an Operating Ratio but which are capped (and for which additional expenses will be treated as Recoverable Expenses).

• All expenses exceeding this limit will be Recoverable but not Allowable for the application of the Operating Ratio.

• Revenue Increase (Decrease) Required: the difference between Total Revenues and Allowable Expenses gross up for the Operating Ratio plus Recoverable Expenses.

• Recoverable Expenses: expenses, which may be reimbursed to CONTRACTOR but upon which CONTRACTOR, will not receive an Operating Ratio.

• For the applicable Performance Periods (as set forth in Exhibit A), the metrics for the Performance Goals shall be (a) LTL Adjusted EBITDA Growth (weighted 35%), (b) LTL Adjusted Operating Ratio Improvement (weighted 40%), and (c) the Company’s Relative Total Shareholder Return (Index) (weighted 25%).

More Definitions of Operating Ratio

Operating Ratio means the ratio, expressed as a percentage, of the net operating costs actually incurred by Contractor, exclusive of Pass-Through Costs and Non-Allowable Costs, divided by Contractor’s net income, as produced by the rates that are applied to the services provided under this agreement. The Operating Ratio for this agreement shall range from 88.00% to 92.00%, and the rates shall be adjusted as necessary through the RRI, Special Rate Review, Detailed Rate Review or Change in Service Rate Review to maintain an Operating Ratio within that range. Party or Parties “Party or Parties” refers to the County and Contractor, individually or together. "Pass-Through Cost" (or Costs) means a cost to which no element of overhead, administrative expense, or Profit is added, such that the specific amount of such cost is included without modification in the calculations or reports prepared in implementing this agreement, including, without limitation, tipping fees, assessments and other charges at any designated transfer facility or disposal site, franchise fees, other fees payable by Contractor to County or any other government agency on the services, Including rent payments and property taxes paid for the use of County-owned facilities.

Operating Ratio means a factor used in the calculation of profit. Contractor’s profit is

Operating Ratio means the ratio, expressed as a percentage, of the net operating costs actually

Operating Ratio means the ratio, expressed as a percentage, of the net operating costs actually incurred by Contractor, exclusive of Pass-Through Costs and Non-Allowable Costs, divided by Contractor’s net income, as produced by the rates that are applied to the services provided under this agreement. The Operating Ratio for this agreement shall range from 87.5% to 90.00%, and the rates shall be adjusted as necessary through the RRI, Special Rate Review, Cost Plus Detailed Rate Review or Change in Service Rate Review to maintain an Operating Ratio within that range.

Operating Ratio means, as determined by the Committee for any Fiscal Year, the percentage resulting from dividing Railroad Operating Expenses by Railroad Operating Revenues for such Fiscal Year.

Operating Ratio the ratios of Allowable Expenses divided by Total Revenues (based on Allowable Expenses). Operating Ratio Band at the interest rate equal to the Napa County Treasurer's annual average rate of return for the respective Rate Years.means 88.5%.

Operating Ratio means the quotient of a carrier's operating expenses divided by its operating revenues.