Other Variable Costs definition

Other Variable Costs or “OVC” means all the variable costs detailed in Annex B to this Exhibit B.
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Other Variable Costs means the variable current expenses incurred by the Company in performing under the Processing Agreement, specifically including inventory losses in excess of the amount permitted under the Processing Agreement and costs incurred by the Company for goods, services, feedstocks, chemicals and additives (including taxes included as part of such costs) and out-of-pocket third party expenses for maintenance, and any incremental increase in real property Taxes for the Owned Real Property if the Company or Purchaser receives a revised property Tax assessment during the Earn-Out Period that is directly attributable to restarting Crude Unit #1 and the related equipment and assets, and specifically excluding Net Energy Costs, salary and compensation costs, depreciation, amortization, interest, Taxes (except as specifically described above) and insurance, all calculated in accordance with GAAP for each Contract Year.
Sample 1
Other Variable Costs or “OVC” means all the variable costs detailed in Exhibit B attached hereto. “Owner” means Fertilizer Company or Refinery Company, as the context requires.
Sample 1

Examples of Other Variable Costs in a sentence

  • Patient Name: Patient/Patient Representative Signature: Date: Time: Patient HIPAA Acknowledgment and Consent Form Consent for Photographing or Other Recording for Security and/or Healthcare Operations (Patient initials) I consent to photographs, videotapes, digital or audio recordings, and/or images of me being recorded for security purposes and/or the practice’s health care operations purposes (e.g., quality improvement activities).

  • The CCO is responsible for reviewing qualifications and credentials for allfaculty candidates that are to be invited for an on‐campus interview.

  • Monthly Variable Fee ($100,800) = RCV (90,000 mscf per Month) * [(NGP*.52) + OVC] [($3.00*.52) - $0.44] - Monthly Excess Fee The Monthly Excess Fee is equal to the REV multiplied by the sum of (a) 52% of the Natural Gas Price plus (b) Other Variable Costs and (c) Fixed Costs per mscf (see the formula below).

  • Impact of ‘mild’ asthma on health outcomes: findings of a systematic search of the literature.

  • Suppose that Direct Labor, Materials, Selling Expenses, and Other Variable Costs are forecast to be $5.20, $3.70, $2.30, and$0.80, respectively, in year 1 and then grow with inflation.

  • Other: Variable Costs Bond Interest Total$ 76,250$ 73,250$ 61,550$ (11,700)-15.97%Notes: Fixed costs is per long-term bond schedule (interest portion).

  • Suppose that Direct Labor, Materials, Selling Expenses, and Other Variable Costs are forecast to be $3.50, $2.00, $1.20, and $0.70, respectively, in year 1 and then grow with inflation.

  • INTRODUCTION & MOTIVATION SANDIA LEGACY VAWT TEST BEDS Sandia VAWT Test Beds VAWT Commercialization Sandia 17-meter Sandia 34-meter Other Variable Costs 11% Turbine 28%Sandia 2-meter O&M 21%Sandia 5-meterFloWind EHD FloWind Electrical Infrastructure 11% Logistics and Installation 10%Support Structure 13% Vertical axis wind turbines (VAWTs) represent a deep-water solution with inherent advantages over horizontal axis wind turbines (HAWTs).

  • Variable Costs = PFS × XFS + PFP × XFP + PFF × XFF + Other Variable Costs (3) Some strategies adopted by the farmers involved purchasing durable inputs that underwent depreciation (e.g. the purchase of brooms, boots, and the like) and additional labour which was valued per extra hour needed.

  • When a dwelling unit has been abandoned or the rental agreement has come to an end and the Tenant has removed a substantial portion of personal property or voluntarily and permanently terminated the utilities and has left personal property in the dwelling unit or on the premises for 14 (fourteen) or more days, the Landlord may enter the dwelling unit, using forcible entry if required, and dispose of the property.


More Definitions of Other Variable Costs

Other Variable Costs means the cost attributable to [***].
Sample 1

Related to Other Variable Costs

  • Variable Costs means the Train Operator’s costs which vary as a result of a Category 3 Disruption, a Relevant Cancellation or a Relevant Service Variation (as the case may be) arising directly from changes in train mileage including staff, maintenance, fuel or electricity costs, and the Variable Charge.

  • Variable Charge means the charge that varies according to kgtm and is calculated in accordance with the formula set out in paragraph 2.2.1, summed across all Services;

  • Incremental Costs means all reasonable additional costs properly and reasonably incurred by Network Rail in respect of any modification referred to in paragraph 2.8, being the additional reasonable costs (if any) to Network Rail in respect of its obligation to maintain and operate the Network, but excluding:

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Direct Costs means the sum of the following:

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Training Costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Expense Fees As to each Mortgage Loan, the sum of the Servicing Fee and the Trustee Fee.

  • Marketing Costs which means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices;

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

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Prime costs and “Prime cost sum” means the amount actually paid by the contractor for any article, commodity or special work and shall include all proper charges for packing, carriage and delivery to site, after deduction of all trade documents, rebates and allowances and the discount obtainable for cash insofar as such discount for cash exceeds 2½%.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

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  • Advertising Costs The Company will determine with the Agent the amount of advertising that may be appropriate in soliciting offers to purchase the Book-Entry Notes. Advertising expenses will be paid by the Company.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Services Fees means the agreed upon fees in an Order for the Services Offerings.

  • Cost price means the actual cost of an item or article of tangible personal property computed in the

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • Restructuring Costs means the costs, including both direct and indirect, of restructuring activities. Restructuring costs that may be allowed include, but are not limited to, severance pay for employees, early retirement incentive payments for employees, employee retraining costs, relocation expense for retained employees, and relocation and rearrangement of plant and equipment. For purposes of this definition, if restructuring costs associated with external restructuring activities allocated to DoD contracts are less than $2.5 million, the costs shall not be subject to the audit, review, and determination requirements of paragraph (c)(4) of this subsection; instead, the normal rules for determining cost allowability in accordance with FAR Part 31 shall apply.

  • 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.

  • forecast prices and costs means future prices and costs that are:

  • 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.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.