Annual O&M Budget definition

Annual O&M Budget has the meaning assigned to such term in the Definitions Agreement.
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Annual O&M Budget means the annual budget for O&M Activities related to the LIL prepared by Opco for an Operating Year based on the Annual Maintenance Plan for such Operating Year and the O&M Budget, and including the type of expenditure, the amount thereof and the schedule for making such expenditure;
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Annual O&M Budget means the annual budget of O&M Costs approved by Owner Management Committee as contemplated by Article V.
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Examples of Annual O&M Budget in a sentence

  • Upon information and belief, dealers who have received replacement headrests to put in vehicles have had to return many of them to Hyundai, because they still have the same foul odor.

  • The SPEs have failed to deliver to the Depositary Agent the Annual O&M Budget for calendar year 2017 up to December 15, 2016.

  • If the Members are not able to Approve the Annual O&M Budget for any Fiscal Year within such seventy-five (75) day period, each line item in the Annual O&M Budget for the next Fiscal Year shall be increased by the percentage increase in the CPI Index from the first day for which the previous Annual O&M Budget was in effect to the most recently available CPI Index, and the resulting plan shall be the Annual O&M Budget for the Fiscal Year.

  • Postmodernism criticizes the inconsistency of modernism, but refuses to be held to norms of consistency itself.

  • Stevens Plantation CDD FY 2022-2023 Expense Categories Categorized by Benefit Expense CategoryAmountStreetlights$151,911Roadways General$183,904Water Management$101,103Administration$279,167Total$716,086Source: Stevens Plantation CDD Preliminary FY 2022-2023 Annual O&M Budget Adopted June15, 2022.

  • Consequently, fixed charges incurred by with- profits funds affect earnings only to the extent of the shareholders' proportional interest in the earnings of the with- profits funds.

  • Based on the FINDINGS that taxable value exceeds full cash value as evidenced by the Assessor's comparable sales and consideration of development costs associated with wetlands, on motion by Member Nadel, seconded by Member Obester, which motion duly carried, it was ordered that the taxable value of land on Parcel No. 044-371-09 be reduced from $469,366 to $374,613; and with this adjustment the land is valued correctly and does not exceed full cash value.

  • The capital budget for the Company for each Fiscal Year to acquire, add to, improve, replace or construct any capital asset of the Company if such acquisition, addition, improvement, replacement or construction is made to increase the long-term operating capacity, asset base, revenues or cash flow from operations of the Company existing immediately prior to such acquisition, addition, improvement, replacement or construction (and shall not include costs that are includible in the Annual O&M Budget).

  • WKEC shall use reasonable efforts to (a) operate within [REDACTED] percent to [REDACTED] percent of the total approved Annual Capital Budget and (b) spend at least [REDACTED] percent of the total approved Annual O&M Budget (not including the fuel and reagent budget).

  • From time to time during any Fiscal Year, but not more than 2 times in any Fiscal Year (exclusive of any request for approved specific Expenditures under Section 2.6(c)), Operator may notify Owner of proposed modifications to specific items in the then-applicable Annual O&M Budget.


More Definitions of Annual O&M Budget

Annual O&M Budget means a budget detailed by month of anticipated revenues and anticipated expenditures of the Owner with respect to the Plant and execution of the Annual Maintenance Plan, such budget to include debt service, proposed distributions, maintenance, repair and operation expenses (including reasonable allowance for contingencies), capital expenditures, costs and expenses related to the purchase of parts or other personal property of any nature necessary or useful to the operation, maintenance, service or repair of the Plant, management expenses and fees, taxes, insurance premiums, reserves and all other anticipated operating costs for each applicable fiscal year of Owner for the Plant.
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Annual O&M Budget has the meaning as set out in the O&M Agreement;
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Annual O&M Budget means a budget detailed by month of anticipated revenues and anticipated expenditures of the Owner with respect to the Plant and execution of the Annual Maintenance Plan, such budget to include debt service, proposed distributions, maintenance, repair and operation expenses (including reasonable allowance for contingencies), capital expenditures, costs and expenses related to the purchase of parts or other personal property of any nature necessary or useful to the operation, maintenance, service or repair of the Plant, management expenses and fees, taxes, insurance premiums, reserves and all other anticipated operating costs for each applicable fiscal year of Owner for the Plant and will conform in all respects to the requirements of the LGA.
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Annual O&M Budget means the annual budget for O&M Activities related to the LIL prepared by or for the Partnership for an Operating Year based on the Annual Maintenance Plan for such Operating Year and the O&M Budget, and including the type of expenditure, the amount thereof and the schedule for making such expenditure;
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Related to Annual O&M Budget

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Annual Operating Plan has the meaning ascribed to it in Section 15.3(b)(i).

  • Approved Budget means an annual budget-

  • Operating Budget has the meaning given in Section 3.11(a).

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • Approved Annual Budget shall have the meaning set forth in Section 5.1.11(d) hereof.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Business Plan means the information required to be supplied to the

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Research Budget has the meaning set forth in Section 2.2.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Annual Operating Expenses for the Class means and will consist only of the following operating expenses of the Series for the Class that are, under generally accepted accounting principles, accruable and deductible from the Series' assets with respect to the Class for the calendar year involved: (i) investment advisory fees, if any; (ii) Rule 12b-1 distribution fees, if any; and (iii) custodian fees, shareholder servicing fees, administrative and office facilities expenses, professional fees, trustees' fees and any other operating expenses of the Series with respect to the Class that are recorded or includable in the Series' statement of operations in accordance with generally accepted accounting principles. Notwithstanding the provisions of the immediately preceding sentence, the Series' "Annual Operating Expenses" for the Class do not include "acquired fund expenses", interest and dividends on securities sold short, amortization of organization expenses, taxes, brokerage commissions, litigation and indemnification expenses or any costs or expenses of or for the Series with respect to the Class that are "extraordinary" as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). Very truly yours, ROYCE & ASSOCIATES, LLC By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Chief Operating Officer ACCEPTED: THE ROYCE FUND By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Vice President [Royce & Associates, LLC letterhead] December 31, 2009 The Royce Fund 000 Xxxxx Xxxxxx Xxx Xxxx, XX 00000 Re: Fee Waiver and Expense Reimbursement - Royce Value Plus Fund (R Class) Gentlemen: Reference is made to the Investment Advisory Agreement dated October 1, 2001 (the "Agreement") by and between The Royce Fund (the "Fund") on behalf of Royce Value Plus Fund (the "Series") and Royce & Associates, LLC (the "Adviser"). Notwithstanding the provisions of Section 4 (Compensation of the Adviser) of the Agreement, the Adviser hereby waives compensation for services provided by it under the Agreement for the period beginning May 1, 2010 and ending April 30, 2011 (the "Period"), and/or agrees to reimburse expenses relating to the Period to the Series with respect to the Class in an amount, if any, necessary so that the Series' "Annual Operating Expenses" for its R Class of shares (the "Class") are not more than 1.84% of the Class' average net assets for the Period. The Adviser hereby also waives compensation for services provided by it under the Agreement to the Series with respect to the Class, and/or agrees to reimburse expenses to the Series with respect to the Class for each subsequent annual period through the annual period ending April 30, 2020 (but not for any annual period thereafter) in an amount, if any, necessary so that the Series' Annual Operating Expenses for the Class are not more than 1.99% of the Class' average net assets for such annual period. The Adviser's obligations to reimburse the Series with respect to the Class hereunder will not apply for any period when the Adviser is not rendering services to such Series under the Agreement.

  • Annual Work Plan means each annual work plan, together with the related budget, for the Project approved by the Association pursuant to the provisions of Section I.B.3 of Schedule 2 to this Agreement.

  • Project area budget means a multiyear projection of annual or cumulative