Common use of O&M Costs Clause in Contracts

O&M Costs. Owner shall advance funds for the payment of, or reimbursement to Operator for, the below-enumerated costs to the extent actually incurred (such costs being the “O&M Costs”); provided that Owner shall not have any obligation to pay or reimburse any such amount to the extent such amount, when taken together with other amounts not approved by Owner hereunder, is more than ***** in excess (in the aggregate for the one year period following the Commencement Date) of the aggregate amount of the Budget or the relevant Major Line Item, if applicable (other than additional amounts approved by Owner in a Budget overrun proposal or amounts otherwise specifically excluded from this calculation under this Agreement, including those in Section 5.1(e)):