Operational Cost definition

Operational Cost means any cost incurred on the operation of the Corporate Debtor which includes following components: -

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Operational Cost means any expenditure by an issuer for

Operational Cost in relation to any financial year of the Company means: (A) the current expenditure wholly and exclusively incurred by the Company during that financial year for the purpose of mining, transporting, processing and sale of minerals from the Mining Area; provided that such current expenditure shall not include – (I) any royalty payable under this Agreement; (II) any income tax or other tax on the Company’s profit, whether imposed in the State or elsewhere; (III) any expenditure incurred in respect of the management and control of the Company which is not directly related to the operations of mining, transportation, processing, sale or other disposal of Minerals from the Mining Area; and (B) capital allowances for that financial year deductible under this Agreement and applicable Tax Law.

Examples of Operational Cost in a sentence

• To overcome these operational circumstances the 2019/20 NSW Health budget allocation contains within the Schedule C (NSW Budget Allocation) of each District and Network impacted, a provision for Recognised Operational Cost (ROC).

• If the actual aggregate Gross Profit for the Products invoiced during each calendar year is greater than 25% of the aggregate Operational Cost for such Products, Manufacturer will pay to Buyer an amount equal to the difference between (x) the actual aggregate Gross Profit realized on such Products and (y) the aggregate Operational Cost for such Products multiplied by 25%.

• If the actual aggregate Gross Profit for the Products invoiced during any calendar year is less than 25% of the aggregate Operational Cost for such Products, Buyer will pay to Manufacturer an amount equal to the difference between (x) the aggregate Operational Cost for such Products multiplied by 25% and (y) the actual aggregate Gross Profit realized on such Products.

• Efficiency and operational measures may include the following: • Operational Cost per call for System (Target: $9.83) • Operational Cost per E911 call received (Target: $14.85) • Ninety percent (90%) of all 9-1-1 calls arriving at the Public Safety Answering Point (PSAP) during the busy hour shall be answered within ten (10) seconds (P1) The busy hour is defined as the hour each day with the greatest call volume.

• Such amounts shall be reimbursed by the Firm to the Adviser as though they were an additional Operational Cost.

More Definitions of Operational Cost

Operational Cost means any payment for professional services, administrative and maintenance expenses of the ACCAHZ and its office, relocation costs, installation costs, official travel expenses, and expenses of other authorised activities; and

Operational Cost means any expenditure by an issuer for the operation of a project, including, but not limited to, utility costs, maintenance costs, payments required for third-party services, service contracts, including, but not limited to, commodities purchase contracts, labor costs, equipment costs, and material costs;

Operational Cost means the fees paid to a vendor for the operation, storage, security, maintenance, and support of the vendor provided solutions.

Operational Cost means, for any Relevant Period, the aggregate amount of personnel costs, administrative costs, overhead costs and any amount attributable to the depreciation of tangible assets and amortisation of intangible assets but excluding any provisions.

Operational Cost in relation to any period means –

Operational Cost means any cost incurred by the management and/or operation of the Covered Assets and/or of the NCL Unit, including, without limitation, (a) any salaries or other compensation and related benefits of any Employee (including any bonus, commission or severance arrangements or training, payroll taxes, human resources restructuring or travel- or relocation-related expenses), (b) the cost of office space, the rental of and maintenance of furniture and equipment and expenses for data processing (including the purchase or enhancement of data processing systems), (c) any other overhead or general and administrative expenses and (d) any cost or charges for any services in the sense of paragraphs (a) to (c) provided or benefits in the sense of paragraphs (a) to (c) granted by any Group Company to the NCL Unit.

Operational Cost in relation to any financial year of the Company means: (A) the current expenditure wholly and exclusively incurred by the Company during that financial year for the purpose of mining, transporting, processing and sale of minerals from the Mining Area; provided that such current expenditure shall not include – (I) any royalty payable under this Agreement; (II) any income tax or other tax on the Company’s profit, whether imposed in the State or elsewhere;