Operation expenses definition

Operation expenses means expenditures for salaries and/or fringe benefits for part‑time, full‑time, temporary and/or contract employees; meeting expenses, travel, utilities, communications and/or communications equipment whether leased or purchased, printing or printing services, postage, food and/or beverage, advertising, consulting services, and/or any other expenditures which that are not an authorized contribution to a candidate, committee, or ballot measure committee.”
Operation expenses means expenditures for salaries and/orand fringe benefits for part‑time, full‑time, temporary and/orand contract employees; meeting expenses, travel, utilities, communications and/oror communications equipment whether leased or purchased, printing or printing services, postage, food and/orand beverage, advertising, consulting services, and/or any or other expenditures whichthat are not an authorized contributioncontributions to a candidate, committee, or ballot measure committee.”
Operation expenses means those costs incurred in day-to-day Petroleum Operations in or in relation to the Contract Area, whether directly or indirectly incurred including but not limited to all costs, expenses and expenditures associated with the Production, processing, transportation, export and sale of Petroleum, training, administration, service, Finance Costs, payments for abandonment and site restoration in accordance with Article 9.8, insurance costs in accordance with Article 23 and related expenses, all made after the commencement of Commercial Production.

Examples of Operation expenses in a sentence

  • Program Operation expenses include technical and program operations support staff, operations and maintenance of water control structures, forest management and expenses at Saugeen Parks.

  • Payments to freight railroads for dispatching services, station maintenance, passenger services, general and administrative expenses and professional service also add to Train Operation expenses.

  • Operation expenses are the necessary costs incurred to provide the goods or services that occur in carrying out the primary activity of the School.

  • Operation expenses are transferred to the fulfillment of the services or expenses into the income statement when the expense is occurred.

  • Operation expenses are normally incurred annually or even more frequently.


More Definitions of Operation expenses

Operation expenses. Means any and all amounts paid or expenses incurred in correction with the operation of the Hotel, as determined in accordance with the Uniform System of accounts for Hotels, in accordance with the generally accepted accounting principles, consistently applied, but excluding the Base Management Fee, Accounting services Fee, Fixed Charges, and other cash flow expenditures and non-cash items such as depreciation. By way of illustration, but not limitation, Operating Expenses include: (a) Salaries, wages, payroll taxes, bonuses, and employee benefits, including sales and use taxes imposed thereon, and payroll processing fees; (b) Legal, accounting, and other professional fees; (c) Fees for licenses and permits; (d) Costs of Operating Supplies; (e) Costs of Operating Equipment; (f) Rentals under operating Leases; (g) Franchise Costs; (h) Expenses allocated by Manager in the ordinary course as Operating Expenses not otherwise itemized above, directly related to rooms, food, beverage, telephone, and other segregated outlets; and (i) Expenses not allocated by Manager in the ordinary course and not otherwise itemized above, including administrative and general expenses such as advertising, sales and promotion, utilities, and repair and maintenance (but not of Capital Replacements).
Operation expenses means all Liabilities of the Company including in connection with any (i) salary, PTO, compensation, bonuses, severance arrangements, termination and change of control arrangements and similar obligations that are owed to any Person as an employee, independent contractor or other service provider to the Company (including the employer portion of any payroll, social security, unemployment or similar Tax incurred in connection with the exercise of, or payments made in respect of, any of the foregoing Liabilities or similar arrangements); (ii) Contract, (iii) Tax, or (iv) Action.
Operation expenses means all expenses of operating the facilities that comprise the Project.
Operation expenses means and shall include the following costs and expenses actually incurred by the Companies from and after the first day of the month following the Closing Date: (i) all costs of gathering, transporting and marketing production from the Oil and Gas Properties; (ii) all costs of operating, producing and maintaining the Oil and Gas Properties (including any third party non-operating interest owner's share of expenses advanced by the Companies pursuant to the terms of an Operating Agreement); (iii) Capital Expenditures; (iv) all costs of processing production from the Oil and Gas Properties; (v) G&A Expenses; (vi) Debt Service; (vii) Taxes; (viii) the Non Participating Creditor Reserves and payments to Non Participating Creditors up to the amount of the Non Participating Creditor Reserve; and (ix) payments for and on account of Participating Creditors' Claims.
Operation expenses means expenses for the operation, maintenance, taxes, assessments, utility charges and insurance attributable to the Premises including sufficient reserves for the same or replacements or renewals thereof provided that any payments to parties affiliated with Borrower shall be considered an Operation Expense only to the extent that the amount expended for such expense does not exceed the then current market rate for such expense; provided Lender has approved all payments due under the Management Agreement.
Operation expenses means those costs incurred in day-to-day Petroleum Operations, whether directly or indirectly incurred including but not limited to all costs, expenses and expenditures associated with the Production, processing and transportation to the Measurement Point of Petroleum, training, administration, service, payments for abandonment and site restoration in accordance with Article 9.8, insurance costs in accordance with Article 23.2. and related expenses.
Operation expenses means, with respect to any statement of operations, an amount equal to the sum of the amount set forth in the selling, general and administrative expenses line item of such statement of operations; PROVIDED, HOWEVER, such line item shall not reflect deferred Taxes or Tax liabilities or any expenses related to the Transactions or any predecessor transaction between the parties. "OUT-OF-POCKET EXPENSES" shall include, but not be limited to, reasonable attorney's fees, accountant fees and other related professional fees and disbursements.