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

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. “Potential-to-Save” or “Potential-to-Perform” by an ECM is satisfied when a measure is properly installed and has the potential to generate predicted levels of Cost Avoidance. Verification of an ECM's "potential-to-save" is satisfied upon Customer's signing of a Certificate of Substantial Completion, as set forth in Attachment J, or its equivalent.

Examples of Operational Costs in a sentence

Customer shall deliver to Honeywell a written notice describing and explaining all actual or proposed Material Changes (as defined above in Section C.1) in a Facility or in the operations in a Facility and their anticipated effect on Energy or Operational Costs.
The following parameters, methodologies, and/or calculations were used in determining the Operational Costs and/or Cost Avoidance due to the Retrofit and Support Services implementation and are agreed to be reasonable and may be used in the calculation of Savings.
Customer agrees that the Baseline adjustment is stipulated to be an escalation of 2% per year for Operational Costs used in the determination of Operational Costs Savings each year.
The Operational Costs Savings were identified, reviewed, and agreed to by a team of Customer’s representatives including Xx. Xxxxxx Xxxx – Superintendent, Xxxxxx Xxxxxxx – Assistant Superintendent for Business, and Xxxxxxxx Xxxxxxx – Director of Facilities.
The first-year amount of Savings for Operational Costs is the sum of the below listed ECMs. The Savings are based on the Customer Guarantee Practices set forth in Section C.4. The Operational Costs Savings described below and identified in Section D.1 are deemed satisfied upon execution of the Main Agreement.

More Definitions of Operational Costs

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 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.

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 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.