Operating Costs

Operating Costs. All costs incurred in producing such Well and disposing of such production including, but not limited to: (1) Labor and other services necessary for the maintenance and operations of such Well; (2) Materials, supplies, transportation, repairs, and replacements used in the maintenance and operation of such Well, including replacements for all parts of machinery, equipment, tanks, or other equipment to replace and/or repair original Well and/or lease equipment; (3) Reworking or re-equipping such... Well; (4) Gathering, treating, processing, transporting, and marketing of production from such Well; and ad valorem, severance, gathering, windfall profits, or other applicable taxes; and (5) That portion allocated to such Well in accordance with the usual and customary accounting practices of all other costs (including, but not limited to, overhead costs of the Contract Operator as set out in the JOA) which, pursuant to such accounting practices, are determined to be Operating Costs. View More

Operating Costs. 11(a)

Operating Costs. The definition set forth in the Operating Costs article of this Lease

Operating Costs. Shall not include (in addition to all other exclusions set forth in the Original Lease) any amounts payable to any Mortgagee in connection with any work performed on the Building, whether treated as debt service, reimbursements or otherwise.

Operating Costs. Shall mean the amount of all costs incurred as a result of the ownership, control, maintenance, operation and administration of the Riverside County Assets and the Subsidiary Ownership Interests and any business conducted thereon and shall include, but are not limited to all property taxes, real property assessments, utility costs, personnel costs, consulting fees, insurance costs, attorneys' fees, fuel costs, repairs, and a fair allocated portion of general overhead costs for personnel... associated with accounting, management, consulting and other similar functions. General overhead costs do not include those overhead costs directly associated with the dissolution of CILD. View More