Variable Operating Costs definition

Variable Operating Costs means the aggregate of all amounts:
Variable Operating Costs means any operating cost that is variable with the level of occupancy of the Building (e.g. utilities and cleaning services). In the event that Landlord excludes from “Operating Costs” any specific costs billed to or otherwise incurred for the particular benefit of specific tenants of the Building or to other buildings or projects on the Land, Landlord shall have the right to increase “Operating Costs” by an amount equal to the cost of providing standard services similar to the services for which such excluded specific costs were billed or incurred. In no event shall Landlord receive from all tenants of the Building more than one hundred percent (100%) of any Operating Costs.
Variable Operating Costs means all incremental costs incurred by B.C. Hydro in respect of generation at the Thermal Generation Plants at the request of and for purchase by Powerex pursuant to Sections 5.1 or 5.2, as determined in good faith from time to time by B.C. Hydro; and

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.


More Definitions of Variable Operating Costs

Variable Operating Costs mean those Project-related operating and maintenance costs and other costs that are dependent on, and vary based on, the volume of water actually conveyed through project including, but not limited to, the cost for solids disposal, power, and chemicals.
Variable Operating Costs means the aggregate of all amounts: reasonably incurred or charged by the Operator (including any margin payable to the Operator under the Operation & Maintenance Contract); reasonably incurred or charged by DBCT Management with the express written consent of not less than two thirds of Access Holders by contract tonnage; and reasonably incurred by DBCT Management in exercising its rights under the Operation & Maintenance Contract to step in or take work out of the hands of the Operator (as a result of a default by the Operator), to the extent that they represent a variable cost of operating the Terminal.
Variable Operating Costs. As defined in Exhibit G, Paragraph (I), Subparagraph (o). Year, Calendar Year, Lease Year: A Year shall be any period of 365/366 consecutive days. Calendar Year shall mean the period from January 1 to December 31. Lease Year shall refer to each Year beginning August 1, 2004.
Variable Operating Costs means any operating cost that is variable with the level of occupancy of the Building (e.g. utilities and cleaning services). In the event that Landlord excludes from “Operating Costs” any specific costs billed to or otherwise incurred for the particular benefit of specific tenants of the Building or to other buildings or projects on the Land, Landlord shall have the right to increase “Operating Costs” by an amount equal to the cost of providing standard services similar to the services for which such excluded specific costs were billed or incurred provided that such “standard services” are generally available for the benefit of all tenants of the Building. In no event shall Landlord receive from all tenants of the Building more than one hundred percent (100%) of any Operating Costs.
Variable Operating Costs means any costs and expenses included in the definition of Operating Costs, the amount of which varies with the level of occupancy in the Building.
Variable Operating Costs means any operating cost that is variable with the level of occupancy of the Building (e.g. tenant utilities and tenant cleaning services). In the event that Landlord excludes from "operating costs" any specific costs billed to or otherwise incurred or the particular benefit of specific tenants of the Building, Landlord shall have the right to increase "operating costs" by an amount equal to the cost of providing standard services similar to the services for which such excluded specific costs were billed or incurred.
Variable Operating Costs means all incremental costs incurred by B.C. Hydro in respect of increasing or reducing generation at the Thermal Generation Plants at the request of Powerex pursuant to Section7.1 or 7.2, as determined in good faith from time to time by B.C. Hydro; and