Operation Costs definition

Operation Costs has the meaning set forth in Clause 14.15.
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Operation Costs means WMATA’s costs and WMATA’s third-party costs to operate VDS, as further detailed in Attachment1.
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Operation Costs means all expenses and costs, other than Fixed Costs, incurred by the Authority in providing or preparing to provide Potable Water to Authority Customers (including, without limitation, operation and maintenance expenses, administration and general expenses, working capital, regulatory costs, insurance premiums, and any contractual costs of supply) and the accumulation of reserves and other funds related to payment of said costs. Upon the adoption of a Bond Resolution by the Authority in connection with the sale of Bonds, Operation Costs payable under this Contract shall in any month at least be equal to the amount required to be deposited in that month into the operation and maintenance fund or account created under the Bond Resolution and the amount (together with the amount of Fixed Costs for that month and any other amounts available therefore) required to satisfy any debt service coverage requirement under any Bond Resolution.
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Examples of Operation Costs in a sentence

  • In the event that this Agreement is renewed pursuant to Article 10, the Prepayment for such renewal term shall be the sum of the estimated Operation Costs for the term.

  • To the extent that funds in the VDS Account are insufficient to pay VDS Operation Costs, WMATA will not be required to operate VDS.

  • Funding for goods and/or services shall not exceed the actual Operation Costs, for each bus-mounted camera monitoring systems.

  • The fees from the VDS Agreement shall fund the Operation Costs detailed in Attachment 1.

  • WMATA shall establish an interest-free account which shall be funded by DDOT, in an amount not to exceed Nine hundred and four thousand, five hundred and thirty-three dollars ($904,533), subject to Article 8 Anti-Deficiency Considerations, to fund the daily Operation Costs of VDS (“VDS Account”).

  • WMATA agrees to submit quarterly invoices to DDOT for actual Operation Costs and shall include an itemized list of cameras by serial number which are subject to DDOT’s VDS Contract.

  • WMATA shall perform an annual reconciliation by June 30 of each year on the receipt of funds paid into the VDS Account less Operation Costs paid from the VDS Account and provide a reconciliation report to DDOT as soon as practicable.


More Definitions of Operation Costs

Operation Costs means the costs incurred by Cary for the operation and maintenance of the Primary PSAP after the Operation Date. Operation Costs includes 1) the Cost per Dispatch/Transfer Cary incurs when Dispatching and Transferring calls and 2) costs for any Primary PSAP Improvements needed to continue operation of the Primary PSAP.
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Operation Costs. Tenant shall, for the entire Term and at the same time it pays Base Rent, pay to Landlord as an item of additional rent ("Additional Rent"), without any setoff or deduction therefrom, its monthly estimated Proportionate Share of costs ("Operating Costs") which Landlord may incur in maintaining and operating the Project during each calendar year of the Term. "Proportionate Share" is defined as that percentage of Operating Costs incurred by Landlord with respect to the Premises (the decimal equivalent of a fraction, the numerator of which is the rentable area of the Premises and the denominator of which is the rentable area within the Building as well as any other buildings located on or within the Project (i.e. Tenant's Proportionate Share shall initially be 43.420/o). "Operating Costs" are defined to include all expenses and costs (but not specific costs which are: (i) separately billed to and paid by individual tenant; or (ii) to be paid by the Landlord as set forth herein) of every kind and nature which the Landlord shall pay or become obligated to pay because of or in connection with the ownership and operation of the Project and supporting facilities of the Project, including but not limited to all real estate taxes and annual installments of special or other assessments payable with respect to the Project during the Term; costs of any contest of such taxes, including reasonable attorneys' fees (but only to the extent such contested taxes fall within the Term; provided, that Tenant is entitled to require Landlord to contest taxes on one or more occasions during the Term); management fees consistent with management fees charged by landlords of buildings similar to the Building in the Minneapolis/St. Xxxx metropolitan area (but, in any event, not to exceed 5% of gross rents for the Project), insurance premiums, utility costs, security costs, costs of wages, maintenance costs (relating to the Project including sidewalks, landscaping, snow removal and parking or service areas, common areas, service contracts, equipment and supplies) and all other costs of any nature whatsoever which for federal tax purposes may be expensed rather than capitalized, but exclusive of leasing commissions, depreciation, costs of Leasehold Improvements and payments of principal and interest on any mortgages, deeds of trusts, other security devices covering the Project, capital expenditures or improvements to the Project which do not benefit the Premises, repair or replacement of...
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Operation Costs means SCIO's actual costs directly related to the creation of diamond material from and operating the Growers, but in the absence of mutual agreement by the Parties, Operation Costs shall be no less than XXX%* and no greater than XXX%* of total sales revenue from Products generated by the Growers. The Parties acknowledge that Operation Costs may include, without limitation, material and supplies including diamond seed material and gasses, Grower repairs and maintenance, laser and fabrication costs, electrical and utility costs and leases, labor, benefits and employee expenses directly involved in production of the material, facility rent or lease and up-fit costs, depreciation expense of facility assets, business insurance, permits, taxes and fees directly related to the production facility and Scio owned assets in facility, property taxes on facility up-fit costs borne by Scio, shipping, customs, import duties and research and development costs as applied to grower operations and improvements.
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Operation Costs means all expenditures made and costs incurred by the Production Partnership with respect to (i) the production and marketing of Hydrocarbons from completed Production Partnership Wells, including labor, fuel, repaixx, xauling, materials, supplies, utility charges and other costs incident to or therefrom, costs of maintaining inventories incidental to the operations of Producing Properties, costs of making transfers of lease and well equipment to and from Production Partnership Wells, ad valorem and severance xxxxs, insurance and casualty loss expense, and compensation to well operators or others for services rendered in conducting such operations; (ii) the interest, commitment fees and other finance charges and expenses of Production Partnership borrowings incurred in connection with Development Drilling and Improved Recovery Projects; and (iii) processing facilities, pipelines, gas sales facilities, Improved Recovery projects, and other procedures and facilities necessary to produce efficiently the Hydrocarbon reserves from a Producing Property, all to the extent such costs and expenditures are not Property Acquisition Costs.
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Operation Costs means the costs incurred by Burlington for personnel, administration, and equipment of the Burlington Emergency CommunicationsCenter after the Operation Date. Operation Costs includes the costs for any Burlington Emergency Communication Center Improvements needed to continue operation of the Burlington Emergency Communications Center.
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Operation Costs means the costs incurred by Xxxx for the operation and maintenance of the Primary PSAP after the Operation Date. Operation Costs includes 1) the Cost per Dispatch/Transfer Xxxx incurs when Dispatching and Transferring calls, 2) costs for any Primary PSAP Improvements needed to continue operation of the Primary PSAP as a result of the growth of, or enhancements requested by, Apex or Morrisville, and 3) the proportionate costs of any Operational License required or requested by Apex or Morrisville to allow each Party and their respective personnel to connect to the CAD system. Any individual costs for network connections into Xxxx networks will be the responsibility of the respective, individual Party.
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Related to Operation Costs

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • Relocation Costs means costs incurred in the relocation of the furniture, fixtures, equip- ment, machinery and supplies, including, but not limited to, the cost of dismantling and reassembling equipment and the cost of floor preparation necessary for the reassembly of the equipment. Relocation costs include only such costs that are incurred during the ninety-day period immediately following the commencement of the relocation to an eli- gible premises. Relocation costs do not include costs for structural or capital improve- ments or items purchased in connection with the relocation.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Transaction Costs means all fees, costs and expenses incurred or paid by the Borrower or any Subsidiary in connection with the Transactions, this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Administration Costs means (a) the costs and expenses associated with the 17 production and dissemination of the Notice; (b) all reasonable costs incurred by the Settlement 18 Administrator in administering and effectuating this Settlement, including costs of distributing the 19 Settlement Amount, which costs are necessitated by performance and implementation of this 20 Agreement and any court orders relating thereto; and (c) all reasonable fees charged by the 21 Settlement Administrator.

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk's office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replacements and office automation and information technology equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • Distribution Costs means all costs of:

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • FOR Destination costs means the cost of equipment and material at the consignee’s stores. The cost is exclusive of Excise duty, Sales Tax and other Local Taxes, but is inclusive of packing, forwarding and insurance and freight charges.

  • Formation Cost means preliminary expenses relating to regulatory and registration fees of the Scheme, flotation expenses of the Scheme, expenses relating to authorization of the Scheme, execution and registration of the Constitutive Documents, legal costs, printing, circulation and publication of this Offering Document, announcements describing the Scheme and all other expenses incurred until the end of the Initial Period.

  • Acquisition Cost means the cost to acquire a tangible capital asset including the purchase price of the asset and costs necessary to prepare the asset for use. Costs necessary to prepare the asset for use include the cost of placing the asset in location and bringing the asset to a condition necessary for normal or expected use.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Overhead costs means the actual costs incurred or the estimated costs to be