Other Variable Costs definition

Other Variable Costs or “OVC” means all the variable costs detailed in Annex B to this Exhibit B.
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.
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.

Examples of Other Variable Costs in a sentence

  • Variable Recycling Collection and Processing Costs Per MonthSalaries and benefits (labor costs that vary with the amount of $ recyclables collected) Vehicle Maintenance (vehicle maintenance costs that vary with $ the amount of recyclables collected) Vehicle operating costs (vehicle operating costs that vary with $ amount of recyclables collected) Contractor Fees (if any) $ Tipping Fees $ Other Variable Costs $ Total VariableRecycling Costs Per Month $ 6.

  • Other Variable Costs, 11.1% Turbine, 28.3% Operations & Maintenance, 20.5% Other CapitalCosts, 1.2% ElectricalProject Infrastructure,Development and 10.9%Permits, 4.4%Logistics and Support Structure,Installation, 10.4%13.3% Figure 4.

  • 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).

  • Much of the information needed to determine operating costs is lumped into the quantity referred to as OVC - Other Variable Costs, which includes the cost of catalysts, chemicals, cooling water, waste water treatment, etc.

  • Other Variable Costs The O&E Plan describes other variable costs (Atlantic Compact Commission surcharges, payments to the Decommissioning Trust Fund and the Perpetual Careand Maintenance Fund).

  • Variable MSW Collection and Disposal Costs Per Month (if applicable) Salaries and benefits (labor costs that vary with the amount of $ MSW collected) Vehicle Maintenance (vehicle maintenance costs that vary with $ The amount of MSW collected) Vehicle operating costs (vehicle operating costs that vary with $ Amount of MSW collected) Contractor Fees (if any) $ Tipping Fees $ Other Variable Costs $ Total Variable MSW Collection and Disposal Costs Per Month $ 3.

  • In one district, the teachers reported that advisory was eliminated because its addition, along with a block schedule, violated a union con- tract provision regarding teacher planning time.

  • The report makes a broad assumption about speed, but makes no effort to tie actual speeds during a collision to location of crash and severity of accident.

  • 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.

  • The fees or commissions charged for a bona fide ous(ii) Other Variable Costs (iii) Administration Supplies / Miscellane-services such as professional, technical, consultant, or mana- gerial services and assistance in the procurement of essential personnel, facilities, equipment materials or supplies required for performance of the contract, provided that the fee is deter- mined to be reasonable and not excessive as compared with fees customarily allowed for similar services.


More Definitions of Other Variable Costs

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

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:

  • Unallowable Costs has the same meaning as in 44 Ill. Admin. Code Part 7000.

  • 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.

  • 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,

  • 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, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

  • 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 replace- ments and office automation and information technol- ogy 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.