2007 And Subsequent Annual Payments To Operation And Maintenance Fund Sample Clauses

2007 And Subsequent Annual Payments To Operation And Maintenance Fund. Ninety days after the Initial Meeting, in February of 2008, and in February of every succeeding calendar year, each Project Cooperator will pay into the Operation And Maintenance Fund its share of the Operation And Maintenance Budget for that calendar year and any deficiency from the previous year, according to the cost-share allocation in Section 10.2. For example, in February of 2008, each Project Cooperator will pay into the Operation And Maintenance Fund its share of the Operation And Maintenance Budget for 2008 and its share of any deficiency in the Operation And Maintenance Fund at the end of 2007.
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