Common use of O&M Activities Clause in Contracts

O&M Activities. Within 90 days after the end of each Operating Year, each Manager, in respect of the Transmission Assets for which it is responsible, shall provide the JOC with a report with respect to that Manager’s O&M Activities during each such period, in such form as may be required by the JOC. The report shall include a summary of operations, including information in reasonable detail concerning: (i) the Transmission Asset’s Energy and Capacity transferred and availability during such period; (ii) O&M Activities during such period; (iii) variances from the Annual Maintenance Plan; (iv) capital projects and progress against schedule of capital related activities during such period; and (v) any material developments during such period in the operation of the Transmission Assets, including material technical problems, discovery of any material defects in the physical plant and equipment of the Transmission Assets, environmental issues, material interruptions to operation of the Transmission Assets, and material disputes with any Authorized Authority (including Tax authorities) or material labour difficulties related to the Transmission Assets.

Appears in 2 contracts

Sources: Joint Operations Agreement, Joint Operations Agreement