Cost of Operation Clause Samples
The "Cost of Operation" clause defines which party is responsible for the ongoing expenses associated with operating equipment, facilities, or services under the agreement. Typically, this clause specifies whether the owner, lessee, or another party must pay for items such as utilities, maintenance, staffing, and consumables during the contract term. By clearly allocating these operational costs, the clause helps prevent disputes and ensures that both parties understand their financial obligations throughout the duration of the agreement.
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Cost of Operation. This is a Full Gross Rent Lease. Lessee shall not be responsible for the payment of any expenses associated with the Property or the Premises, including, by way of example and without limitation, the cost of utilities, water or sewer usage, security, refuse removal, insurance, maintenance or repair of fixtures, supplies, sundries, sales or use tax on supplies or services, wages or salaries of persons engaged in the operation, maintenance and repair of the Property or the Premises, expenses incurred for legal and accounting expenses, the cost of capital improvements or other modifications to the Property, or any other expense or cost, which, in accordance with generally accepted accounting principles and the standard management practices for properties comparable to the Property and the Premises would be considered an expense of operating and/or maintaining the Property and/or Premises.
Cost of Operation. Cost of operation is defined to mean the total cost of operating the NCTA program, but specifically excludes capital investments and major items of equipment.
Cost of Operation. Cost of operation is defined to mean the total cost of operating the Skills Center program but specifically excludes capital investments and major items of equipment.
Cost of Operation. Cost of operation is defined to mean the total cost of operating the WCSC program, but specifically excludes capital investments and major items of equipment.
Cost of Operation. The Employer shall replace all clothing, glasses, hearing aids and/or dentures not covered by company insurance or workmen's compensation which are destroyed or damaged in a wreck or fire with company equipment.
Cost of Operation. Tenant shall bear all costs associated with the construction, installation, maintenance, repair, and operation of the Generator and Tank and associated systems, and Landlord shall have no obligation under any circumstances to pay any costs in connection with such activities.
Cost of Operation. Cost of operation is hereby defined to mean the total cost of operating the Transportation Program specifically excluding Capital Investments.
Cost of Operation. LICENSEE will conduct the Training Operation and all associated activities at its sole cost and expense, including, but not limited to, all work necessary for planning, selection of support personnel and equipment, scheduling, management and execution of the Training Operation, and site clean-up; LICENSOR shall bear no cost of the same.
Cost of Operation. Contractor shall bear, at his own expense, all costs of operating all concessions, and shall pay, in addition to the compensation to the City, all other costs connected with the use of the premises and facilities, including maintenance, (except the building structures and outside walls and roofs), insurance, any and all taxes, janitorial services and supplies, and all permits and licenses required by law. The Contractor shall not pay for water, sewer, electricity, gas, and garbage costs.
Cost of Operation. The parties agree that each shall furnish and pay for ----------------- the cost of operation as indicated below: To be furnished by: a. Heat as required - Lessee b. Electricity as required - Lessee c. Replacement of bulbs and fluorescent tubes - Lessee d. Water and sewerage charges - Lessee e. Replacement of broken glass - Lessee f. Janitor, window washing and cleaning services - Lessee g. All maintenance and repairs to the demised premises under Lessee the control of Lessee - h. Common area costs, including clearing and removal of ice Lessee and snow from walkways and parking lot area; sanding; utility room; trash removal, and grounds maintenance - i. Real estate taxes - Lessee j. Insurance (as described in paragraph 7) - Lessee k. Structural integrity of the roof and replacement of any Lessor part of the HVAC system when necessary -