Operational Costs definition

Operational Costs means costs and expenses incurred by the Managers on behalf of the Owners to operate and maintain the Vessel including Communication Expenses and EDP Expenses;

Operational Costs means the customary and usual direct costs associated with the operations of a Grant program that continue from a given period to a subsequent period.

Operational Costs means all costs calculated by the Commission to be the costs of operating the supply of gas through any pipeline or installation including wages, costs of fuel, spare parts, labour charges and lubricants but not including capital costs or loans.

Examples of Operational Costs in a sentence

• The Manager shall allocate Company Operational Costs between different operating entities that are affiliates of Seadrill Limited dependant on the level of resources expended by the Manager in management of that entity’s operational activities.

• However, In the event that the Vessel is “Cold Stacked” (i.e. not currently operational or manned and equipped to begin operations) or under construction, the Company Operational Costs paid by the Company after the Weighting Allocation has been applied (the “Weighted Cost”) will be reduced to reflect the reduced support being provided to the Vessel.

• In accordance with the principles set out above, the Company Operational Costs are allocated using the following weighting allocation (the “Weighting Allocation”): Vessel Percentage of Standard Charge Floater 200% HE Xxxx-up 150% Xxxx-up/ tender 100% The Weighting Allocation will apply regardless of whether a vessel is in operation, in construction, or non-operational.

• Accordingly, the Company Operational Costs payable by each company that is an affiliate of Seadrill Limited has been weighted according to the type of Vessel.

• Operational Revenues - Operational Costs - Operational Expenses* - Bad Debt *Does not include profit sharing.

More Definitions of Operational Costs

Operational Costs means all expenses of the Fund except Organizational Expenses, Distribution Expenses and Investment Manager Overhead including but not limited to: (i) the costs of operations (e.g., documentation, securities filings, other direct and indirect costs of selecting, negotiating, monitoring, and liquidating Portfolio Company investments including consultants, attorneys, accountants, appraisers, due diligence expenses, industry trade shows and conferences, travel, investment banking fees and commissions, or preparation of status reports); (ii) the Fund's accounting costs (e.g., maintenance of Fund books and records, audit fees, preparation of regulatory and tax reports, costs of computer equipment or services used by or charged to the Fund); (iii) the costs of investor communications (e.g., design, production, and mailing of all reports and communications to Investors, including those required by regulatory agencies); (iv) the costs of investor documentation and services; (v) legal, tax, and other professional services; (vi) salaries, benefits, and other compensation plus an appropriate allocation of overhead burden (including but not limited to an allocation of direct and indirect costs such as benefits; recruitment and training; rent and related facilities expenses; costs of acquiring, financing, and maintaining capital assets; financing charges and cost of capital; insurance; security; storage; utilities, etc.) for partners, officers, directors, employees of and contractors to the Investment Manager or its Affiliates attributable to performing any of the foregoing activities; and (vii) any other related operational or administrative expenses necessary for the operation of the Fund.

Operational Costs. In this section, the parties can allocate any costs associated with the Agreement. The District may wish for the City to pay a nominal rent to the District for the Active Use Areas. The parties may wish to absorb the costs each incur while implementing the Agreement or require one or the other to be responsible for the costs.

Operational Costs means any cost of operating the TRE that is not a “capital cost.”

Operational Costs means the amount charged by CBH Grain to recover the actual overhead costs incurred in operating its Pools.

Operational Costs means the costs against the UNOPS Account of UNOPS Activities for the provision of management, technical, administrative, financial and logistical support;

Operational Costs means the sum of direct labor costs, raw material costs and other variable costs, indirect expenses (including without limitation indirect supervisory costs and allocated use of utilities, space and similar items), and fixed costs (including without limitation costs of periodic requalification with the European Space Agency or any other Governmental Authority and depreciation costs of new tools and equipment), but excluding Non-recurring Costs. For the avoidance of doubt, costs and expenses of shipping, insurance and other costs and expenses incurred in connection with the shipment of the Products, shall constitute Operational Costs (as defined below) subject to the 25% Markup.

Operational Costs commonly referred to as O&M costs, shall include the cost of operating and maintaining the Facilities, such as, but not limited to, the cost of inside and outside labor to repair and maintain affected systems and equipment, the cost of custodial supplies, the cost of replacement parts, the cost of deferred maintenance, the cost of lamp and ballast disposal, and the cost of new capital equipment.