Major Maintenance Costs definition

Major Maintenance Costs means all expenses incurred or to be incurred by the Borrower relating to Major Maintenance.]
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Major Maintenance Costs means all Capital Expenditures relating to Major Maintenance.
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Major Maintenance Costs means all costs incurred by the Partnership or the Operator for labor, materials and other direct expenses for any overhaul of, or major maintenance procedure for, the Facility which requires Amended and Restated Security Deposit Agreement significant disassembly or shutdown of the Facility pursuant to manufacturers' guidelines or recommendations, engineering or operating considerations or the requirements of any applicable Governmental Approval, all as contemplated in the Operation and Maintenance Agreement.
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Examples of Major Maintenance Costs in a sentence

  • For each Settlement Interval, the CAISO shall calculate RTM Bid Cost for each RMR Resource as the algebraic sum of the RTM Start-Up Cost adjusted to remove Opportunity Costs and Major Maintenance Costs, RTM Transition Costs adjusted to remove Opportunity Costs and Major Maintenance Costs, RTM Energy Bid Cost adjusted to remove Opportunity Costs and Major Maintenance Costs, and RTM AS Bid Cost.

  • NET CASH FLOW “Net Cash Flow” for any period, shall mean an amount equal to Project Revenues minus the sum of (A) the Operations and Maintenance Expenses, (B) Major Maintenance Costs, (C) Capital Expenditures, and (vi) deposits to the major maintenance reserve account for such period.

  • The Parties acknowledge and agree that the costs of each of the Major Maintenances (the Major Maintenance Costs) are expressly set out in the Financial Model and shall be adjusted for inflation in accordance with the Financial Model.

  • This has significant market impacts because the reduction in CT net revenues artificially increases the default MOPR floor for CTs, the capacity market offer cap which equals the CT net CONE times B, resource specific offer cap values, and the CT net CONE values used in the Variable Resource Requirement (“VRR”) curve.K. Major Maintenance Costs Should Not Be in Operating Costs.

  • The Concessionaire shall fund the Major Maintenance Costs on each Major Maintenance Costs Funding Date based on the Major Maintenance Cost Certificate.

  • Major Maintenance Costs begin after five years, and involve principally HMAC street overlay costs.

  • This column reflects actual Major Maintenance Costs and Required Capital Expenditures all of which are expected to be funded from the Major Maintenance Reserve Account.

  • Planned Major Maintenance Costs The Company accounts for its planned major maintenance activities in accordance with ASC 360, “Property, Plant, and Equipment,” using thedeferral method.

  • Planned Major Maintenance Costs The Company accounts for its planned major maintenance activities in accordance with ASC 360, "Property, Plant, and Equipment," using the deferral method.

  • In case of tenderer revoking, cancelling and/or withdrawing his tender or varying any term in respect thereof, the earnest money deposited by him along with tender shall stand forfeited.


More Definitions of Major Maintenance Costs

Major Maintenance Costs means all expenses incurred or to be incurred by the Borrower relating to Major Maintenance (without duplication of any Maintenance Expenses).
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Major Maintenance Costs means all costs for labor, materials and other direct expenses for any Major Maintenance.
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Major Maintenance Costs all costs incurred by the Borrower for labor, materials and other direct expenses for any overhaul or refurbishment of the turbines of the Facility.
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Major Maintenance Costs means, as of any determination date, the sum of (a) Inverter Replacement Costs plus (b) Battery Replacement Costs. [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
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Major Maintenance Costs means maintenance expenses encompassing overhauls of internal combustion engines, gas compressors and electrical generators.
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Related to Major Maintenance Costs

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Operation and Maintenance Costs means the costs of:

  • Major maintenance means the adjustment, repair or replacement of a component or module that could affect the accuracy of a measurement.

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Service Costs has the meaning ascribed thereto in Section 3.01.

  • Generator Maintenance Outage means the scheduled removal from service, in whole or in part, of a generating unit in order to perform necessary repairs on specific components of the facility, if removal of the facility meets the guidelines specified in the PJM Manuals.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Furniture maintenance product means a wax, polish, conditioner, or any other product designed for the purpose of polishing, protecting or enhancing finished wood surfaces other than floors. Furniture maintenance product does not include: dusting aids; wood cleaners, and products designed solely for the purpose of cleaning; and products designed to leave a permanent finish such as stains, sanding sealers and lacquers.

  • Marketing Costs which means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices;

  • Routine maintenance means actions performed on a regular or controllable basis or in response to uncontrollable events upon a highway, road, street, or bridge. Routine maintenance includes, but is not limited to, 1 or more of the following:

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Manufacturing Costs means the costs of Processing that generate Manufacturing Proceeds received by Grantor.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • FTE Costs means, for any period, the FTE Rate multiplied by the number of FTEs in such period.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Corrective Maintenance means the maintenance which is required when an item has failed or worn out, to bring it back to working order, which may also include those services necessary to partially restore, renew or strengthen an existing Department facility or system, following damage caused by use or normal wear and tear.

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Basic Costs means all direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C attached hereto.