Operating Component definition

Operating Component means the Operating Component described in the Program Guidelines and consisting of three (3) streams: Rent Supplement Stream, Housing Allowance Direct Delivery Stream, and Housing Allowance Shared Delivery Stream;
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Operating Component means the portion of the Cost of Contracted Services reasonably determined by an Authorized City Representative, in a certificate delivered to the Trustee from time to time, to be directly or indirectly attributable to the ownership or operation of the System without regard to its treatment under generally accepted accounting principles; provided, however, if no such determination is made, all of the Cost of Contracted Services will be treated as Operating Component.
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Operating Component means the portion of the cost of Contracted Services (excluding any Debt Service Component) reasonably determined by an Authorized Authority Representative, in a certificate delivered to the Trustee from time to time, to be directly or indirectly attributable to the ownership or operation of the System without regard to its treatment under generally accepted accounting principles; provided, however, if no such determination is made, all of the Cost of Contracted Services (excluding any Debt Service Component) will be treated as part of the Operating Component.
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Examples of Operating Component in a sentence

  • Updates will include progress against their annual funding allocation, quarterly projected take-up and planned commitments, and agreement and payment details under the Operating Component.

  • To the extent that the Net Revenues of the Seller from its Computer Operating Component for the twelve months ended March 31, 1998, as reflected in its March 31 Financial Statements, exceed $2,000,000, the Purchase Price will be increased by an amount equal to 2.5 times the amount of such excess and to the extent that such Net Revenues are less than $2,000,000, the Purchase Price will be reduced by an amount equal to 2.5 times the amount of such difference.

  • The Net Cash Flow Variance shall not exceed the greater of $3.0 million or 10% of the budget net cash flow (as set forth in the Operating Component of the Budget, the “Budget Net Cash Flow”) as measured on a cumulative monthly basis for any three (3) months; provided, however, that the foregoing shall not limit the amount to be included in the Carve-Out.

  • For the Rental Component, Homeownership Component, and Operating Component, the Minister will advance Funding only up to March 31, 2024.

  • For the Operating Component, the Minister will advance Funding only up to March 31, 2024.


More Definitions of Operating Component

Operating Component means the portions of the Budget that set forth the Borrowers’ and the Subsidiary Guarantors’ cash flow and certain expenditures by the Operating Company.
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Operating Component means the COCHI Operating Component described in Appendix C-1 and the Program Guidelines;
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Operating Component has the meaning set forth in Section 3.3(b) hereof.
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Related to Operating Component

  • Structural component means a component that supports non-variable forces or weights (dead loads) and variable forces or weights (live loads).

  • Structural components means liners, leachate collection systems, final covers, run-on/run-off systems, and any other component used in the construction and operation of the MSWLF that is necessary for protection of human health and the environment.

  • Service Component means certain enabling Software, hardware peripherals and associated documentation which may be separately provided by Symantec as an incidental part of a Service.

  • Components means articles, materials, and supplies incorporated directly into end products at any level of manufacture, fabrication, or assembly by the Contractor or any subcontractor.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.