Direct Operating Costs Sample Clauses

Direct Operating Costs. Direct operating costs shall include taxes and assessments, janitorial, guard and maintenance services, labor, reasonable managerial expenses, insurance, air conditioning, heating, electricity, water, sewage, payroll expenses, materials and supplies, services, charges and all other direct operating costs of operating and maintaining the Building. Direct operating costs shall not include expenditures for capital improvements, interest expenses or depreciation, nor additional charges imposed under Paragraphs six (6) and seven (7) hereof. Such additional charges shall be computed separately for each TENANT. All expenditures scheduled less often than annually shall be pro rated over the period to which such expenditures are applicable.

Direct Operating Costs. (DOC) This budget provision of USD 10,000 will cover miscellaneous expenses at FAO headquarters related to the implementation of the project and the cost of operating the project.

Direct Operating Costs. Prosper shall pay pass-through costs identified in Section 4 of Schedule 6.2. In the event Prosper is liable for fees under this Section 6.1 and such fees are paid by Coastal, ▇▇▇▇▇▇▇ agrees to reimburse Coastal for such fees as provided in Section 7.2.

Direct Operating Costs. Aspiration agrees to reimburse Coastal’s direct costs to operate the Aspiration Account Program, including but not limited to: any fees charged by the Federal Reserve Bank, ACH processing and transmission fees, check processing fees, ATM fees, reporting fees, and debit card processing fees as well as any costs incurred by Coastal with respect to mutually agreed to additional full-time employees as well as any audit and regulatory fees with respect to the Aspiration Account Program. Aspiration also agrees to reimburse Coastal for mutually agreed upon vendor costs (including but not limited to, FIS, Federal Reserve Bank, and Network fees and other fees charged by vendors to the extent that such costs are incurred by Coastal solely to effect the Aspiration Account Program). Coastal shall provide Aspiration with an upfront estimate of charges from vendors for budgeting purposes and will update such estimates on a quarterly basis to reflect actual charges.

Direct Operating Costs. Unless otherwise agreed to between the parties, Clubhouse Services Manager, as a Direct Operating Cost, shall procure and maintain, during the Term or Extended Term of this Agreement, all appropriate licenses and permits which may be required for the operation of the Services; provided, however, that EDA shall provide Clubhouse Services Manager with such assistance as Clubhouse Services Manager shall reasonably request in connection with any application by Clubhouse Services Manager for any such license or permit or the renewal thereof. Notwithstanding the foregoing, EDA shall be responsible for obtaining and maintaining a Certificate of Occupancy (or equivalent) from the City of Brooklyn Park or other applicable governmental entity.

Direct Operating Costs. ▇▇▇▇ agrees to pay direct costs to operate the ▇▇▇▇ Program including but not limited to: Fed charges, BSA cases, alerts, and Enhanced Due Diligence cases, credit bureau reporting (if processed by Coastal [**] will be assessed), ATM fees, required audit/regulatory fees and card issuer, transaction monitoring fees, network, and processing fees. ▇▇▇▇ also agrees to cover all reasonable costs for any vendor engaged by Coastal which has been approved in advance in writing by ▇▇▇▇, such approval not to be unreasonably withheld, conditioned, or delayed, for implementation and operation of the Program or for compliance with Applicable Law, the policies and procedures of Coastal to ensure the continued safety and soundness of Coastal, or considerations as identified by the enterprise risk management policies and procedures of Coastal relating to credit risk, safety and soundness, reputational risk, litigation risk, and regulatory risk. Coastal will exercise its best efforts to limit vendor costs engaged by Coastal related to the Program. ▇▇▇▇ shall only be responsible for covering vendor costs that accrue at least [**] after Coastal notifies ▇▇▇▇ in writing of Coastal’s engagement with such vendor. All passthrough costs will be limited to the actual costs Coastal incurs from third parties (including volume discounts) with no markup. All passthrough costs must be directly associated with the ▇▇▇▇ program. ▇▇▇▇ will have the right to request reasonable information to confirm all third party invoices related to passthrough costs. ▇▇▇▇ and Coastal further agree that ▇▇▇▇ agrees

Direct Operating Costs. All costs and expenses directly incurred in connection with the operation of the Food Service Program on the premises of the SFA, net of all discounts, rebates and applicable credits accruing to or received by the FSMC or its assignee to the extent those credits are allocable to the portion of the costs billed to the SFA. Direct Operating Costs consist of invoiced amounts to the FSMC for goods (food, beverages, merchandise, supplies, and small equipment) used directly in the Food Service Program of the SFA; labor costs for non-management employees who work in the SFA’s Food Service Program, i.e. salaries, wages, taxes and benefits; labor costs (reasonably allocated) for management employees of the FSMC who work directly in the SFA’s Food Service Program, i.e., salaries, wages, taxes and benefits; such other costs as are directly incurred in the operation of the SFA’s Food Service Program, including sales, use and other taxes on the purchase of goods for the SFA’s Food Service Program, cost of utilities directly allocable to the operation of the Food Service Program, menu/ticket printing, office supplies, program promotions, stationery; postage, costs of required licenses, permits, health certifications, RI Department of Health approved food safety kitchen inspections, uniforms and linen, smallwares, repair and maintenance of equipment.

Direct Operating Costs. Commencing in the year 2006 based on the fiscal year July 1, 2005 through June 30, 2006, in addition to the Monthly Base Rent payable hereunder, Tenant also shall pay to Landlord, as additional rent, Tenants proportionate share of the increase in the direct operating costs for the Building estimated by Landlord to accrue during the then current fiscal year. Landlord may send a monthly statement to Tenant for its proportionate share of such costs, calculated as set forth in Article 4.2.1 below. Direct operating costs include but are not limited to: Real property taxes: personal property taxes (excluding those for which Tenant and other tenants of the Building are responsible under their respective leases, but including those related to Landlord’s Building management); assessments; rates and charges payable to any governmental authority in respect to the real property or Building: Building security, insurance on the Building or any part or parts thereof or any equipment or appliances therein (excluding those for which Tenant and other tenants of the Building are responsible under their respective leases, but including those related to Landlord’s Building management); refuse and garbage collection; and the provision of heat, light, water, elevator service, janitorial service and all other costs properly constituting direct operating costs for the Building according to standard accounting practices. Depreciation of Building or equipment, commissions, Interest, and expenditures required to be capitalized for Federal Income Tax purposes shall not be considered operating costs; provided, however, that if any such expenditure is made for the purpose of reducing operating costs, or is made in compliance with any law or governmental regulation, then such expenditure (including related interest and other financing costs) shall be amortized over the useful life of such improvement and the annual amortized amount shall be included in operating costs each year during such useful life. In addition, if Landlord undertakes any action which results in a reduction in the real property taxes as defined in this Article 4.2, the expenses incurred by such action (including related interest and other financing costs) shall be included in operating costs commencing the first year during which said reduction occurs.

Direct Operating Costs. With respect to Costs relating only to services for Homes for which residence agreements have been executed and for which a certificate of occupancy has been issued (such as landscaping, maintenance, and the like) Homeowner's Proportionate Share shall be based upon the proportion that the number of Shares of Stock of Nashaquisset owned by Homeowner bears to the total number of Shares of Stock of Nashaquisset allocated to such Homes; and