Examples of Variable Operating Costs in a sentence
Where:- OVC is the aggregate of all Variable Operating Costs in respect of the Handling of all Coal through the Terminal for a Financial Year; and TTCS is the total number of tonnes of Coal Shipped through the Terminal during that Financial Year.
The Capital Cost and Fixed Operating Cost are payable regardless of the volume of water consumed while the Variable Operating Costs shall be paid according to the volume of metered water delivered to the Customer.
OVC is the aggregate of all Variable Operating Costs in respect of the Handling of all Coal through the Terminal for a Financial Year; and TTCS is the total number of tonnes of Coal Shipped through the Terminal during that Financial Year.
B.C. Hydro shall send to Powerex for each calendar month statements setting forth the amount owing by Powerex to B.C. Hydro or by B.C. Hydro to Powerex pursuant to Sections 4.7.2, 4.10, 5.1 or 5.2 (Variable Operating Costs), 6.2 and 7.8 (Variable Transportation Costs) for that month, with sufficient detail to enable the parties to determine the payment due in connection therewith.
The amount so reconciled shall then be factored into the calculation of projected Capital Costs, Fixed and Variable Operating Costs and Repair and Replacement Costs for the next fiscal year.