Common use of O&M Charges Clause in Contracts

O&M Charges. (i) The O&M Charges for the first quarter after COD will be calculated on the basis of the STP O&M Charges and I&D O&M Charges quoted by the Selected Bidder in the Financial Proposal for the first month from the COD, based on the number of days of operation of the relevant facility in that quarter, which amount shall be adjusted for the Price Index Multiple applicable on the Reference Index Date preceding the date of the first Invoice for the O&M Payments.

Appears in 1 contract

Samples: Concession Agreement

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O&M Charges. (i) The O&M Charges for the first quarter after COD will be calculated becalculated on the basis of the STP O&M Charges and I&D O&M Charges quoted by the Selected Bidder in the its Financial Proposal for the first month from the COD, based on the number of days of operation of the relevant facility in that quarter, which amount shall be adjusted for the Price Index Multiple applicable on the Reference Index Date preceding the date of the first Invoice for the O&M Payments.

Appears in 1 contract

Samples: Concession Agreement

O&M Charges. (i) The For each Facility, the O&M Charges for the first quarter after the relevant COD will be calculated on the basis of the STP O&M Charges and I&D O&M Charges quoted by the Selected Bidder in the Financial Proposal for such Facility for the first month from the relevant COD, based on the number of days of operation of the relevant facility in that quarter, which amount shall be adjusted for the Price Index Multiple applicable on the Reference Index Date preceding the date of the first Invoice for the O&M Payments.

Appears in 1 contract

Samples: Concession Agreement

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O&M Charges. (i) The O&M Charges for the first quarter after COD will be calculated on the basis of the STP O&M Charges and I&D O&M Charges quoted by the Selected Bidder in the Financial Proposal for the first month from the COD, based on the number of days of operation of the relevant facility in that quarter, which amount shall be adjusted for the Price Index Multiple applicable on the Reference Index Date preceding the date of the first Invoice for the O&M Payments.

Appears in 1 contract

Samples: Concession Agreement

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