Operational Expenditures definition

Operational Expenditures means those items included in the Operating Budget approved by the Board, including, but not limited to, any authority expenditure and any other expenditure that is not a Capital Expenditure.
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Operational Expenditures means any sales and marketing, general and administrative or research and development expenditure determined in accordance with GAAP, but excluding any non-cash compensation or other expenditures (including amortization and depreciation) and, for the avoidance of doubt, excluding costs of goods sold.
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Operational Expenditures means incremental recurrent expenditures incurred by the Borrower in connection with the carrying out of the Project, including salaries of the PRONACOM Management Unit, transportation costs and per-diem for management and supervision of the Project and the fee to be paid by the Borrower to external auditors in connection with the carrying out of the audits mentioned in Section 4.01 (b) of this Agreement.
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Examples of Operational Expenditures in a sentence

  • The Consultation and Operational Expenditures category provides for professional services (staff) and operational activities relating to the DDA.

  • The Operational Expenditures Reserve will fund the operating costs associated with these key projects.

  • For Auxiliary Operational Expenditures, only a designated dollar amount or percentage of the facility and equipment that is devoted to treatment and programming is included in the bundled rate (e.g. therapist office space, individual treatment or therapy rooms, and family or group treatment or therapy rooms).

  • The Corporation shall have offices at such places, either within or without the State of Delaware, as the Board of Directors (sometimes referred to herein as the “Board”) may from time to time determine.

  • AbbreviationsThe following abbreviations are used in this manuscript.AEP Annual Energy Production ASO Agent Swarm Optimization CAPEX Capital ExpendituresDTU Technical University of Denmark FPP Floating Power Plant A/SGA Genetic AlgorithmHV High VoltageLCOE Levelized Cost of Energy OPEX Operational Expenditures O&M Operation & Maintenance PSO Particle Swarm Optimization WTG Wind Turbine Generator WEC Wave Energy Converters References1.

  • Claim Benefit Payments and Operational Expenditures are the two primary components of the budget.

  • The MSF budget for Operating Expenses is another grouping of expenses underneath the overall category of Operational Expenditures.

  • Since the normalization of diplomatic relations between Japan and the ROK in 1965, Japan-ROK relations have progressed dramatically in every aspect.

  • The increased demands for new and innovative IT services are often met with both Operational Expenditures (OE) and Development Modernization and Enhancement (DME) funding shortfalls.

  • A note of explanation: The staff allocation data in Appendix E was used to determine the cost increases or reductions reported in section 4.3 (Operational Expenditures).


More Definitions of Operational Expenditures

Operational Expenditures means operational expenditures of the Company (not to include Development Costs for any portion of the Pipeline then completed) made in accordance with the Annual Budget (as amended and in effect from time to time) required to be expensed in accordance with GAAP, including but not limited to operating expenses and general, administrative or overhead expenses of the Company.
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Related to Operational Expenditures

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and

  • 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.

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Capital Expenditure means expenditure on: a) the acquisition of land and buildings; b) the erection, enlargement, improvement or demolition of any building including fixed plant, installation, wall, fence or other structure, or any playground or hard standing;

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Exploration Expenditures means the sum of all costs of acquisition and maintenance of the Property, all exploration and development expenditures and all other costs and expenses of whatsoever kind or nature including those of a capital nature, incurred or chargeable by KRC with respect to the exploration and development of the Property and the placing of the Property into Commercial Production.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Expenditures means payments and contracts for goods, services, and construction which may be acquired competitively and are not regulated by separate authority, and, where the department acts as the sole or primary contracting officer and has selective discretion as to the supplier, vendor, or contractor.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Qualified rehabilitation expenditures means capital

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • foreign expenditures means expenditures in the currency of any country other than that of the Borrower for goods or services supplied from the territory of any country other than that of the Borrower;

  • Capitalized Expenditures means those expenditures that (i) would be capitalized under generally accepted accounting principles, and (ii) are incurred with respect to Shared-Loss Loans, Other Real Estate, Additional ORE or Subsidiary ORE. Capitalized Expenditures shall not include expenses related to environmental conditions including, but not limited to, remediation, storage or disposal of any hazardous or toxic substances or any pollutant or contaminant.

  • Uncovered expenditures means the costs to the health maintenance organization for health care services that are the obligation of the health maintenance organization, for which an enrollee may also be liable in the event of the health maintenance organization's insolvency and for which no alternative arrangements have been made that are acceptable to the commissioner.