OA&M Expenses definition

OA&M Expenses means the aggregate of the following three items:-
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OA&M Expenses means all operation, administration and maintenance ------------- expenses with respect to the System, Backhaul Capacity and other System Activities which are payable by the Borrower or any Subsidiary (including all selling, general and administrative expenses, all sales, excise and similar taxes, all other taxes and duties payable by the Borrower or such Subsidiary, all payments owing to the Operator under the O&M Agreement in respect of work performed thereunder, all payments owing to the System Manager under the System Management Agreement in respect of work performed thereunder, all expenses to be reimbursed to the Marketing Agent under the Marketing Agreement and all fees payable to the Administrative Agent); provided, however, that OA&M Expenses -------- ------- shall not include (i) Capital Costs, (ii) amounts payable in respect of Permitted System Upgrades and Permitted Costs, (iii) any non-cash expenses, (iv) income and franchise taxes payable by any Subsidiary, (v) any amounts payable by the Borrower or a Subsidiary in respect of the acquisition of Backhaul Capacity, (vi) any commissions payable in respect of the marketing of Capacity and (vii) any payments made to any Subsidiary under the Intercompany Agreement.
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OA&M Expenses means all operation, administration and maintenance ------------- expenses with respect to the System which are payable by the Borrower or any Subsidiary (including all selling, general and administrative expenses, all commissions on sales of Capacity, all amounts in respect of reimbursements payable under Section 2(b) of the Advisory Services Agreement, all sales, excise and similar taxes, all other taxes and duties payable by the Borrower or such Subsidiary and all payments owing to the Operator under the OA&M Agreement in respect of work performed thereunder); provided, however, that OA&M Expenses -------- ------- shall not include (i) prior to the Commercial Operation Date, amounts payable which are Capital Costs and are set forth in the Capital Budget, (ii) amounts payable in respect of Permitted System Upgrades and Permitted Costs, (iii) any non-cash expenses, (iv) income and franchise taxes payable by any Subsidiary, (v) all payments made to the Subsidiaries under the Intercompany Agreement and (vi) the Advisory Services Fee.
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Examples of OA&M Expenses in a sentence

  • Collectively, the aforementioned Real Property Tax, insurance, utility, and OAM Expenses (if not paid by Tenant directly) shall be the "Total Operating Costs." Landlord may adjust its estimates of Total Operating Costs at any time based upon Landlord's experience and reasonable anticipation of costs.

  • Tenant shall pay all OAM Expenses in accordance with Section 4.02.

  • Collectively, the Real Property Taxes, Utility Costs, Insurance Costs, and OAM Expenses (if not paid by Tenant directly) shall be the “Total Operating Costs”.

  • Tenant shall pay its proportionate share of OAM Expenses in accordance with Section 2.05.

  • The Borrower and the Subsidiaries shall ----------------- each be permitted to maintain general corporate checking accounts (collectively, the "Checking Accounts"); provided that amounts on deposit in such Checking ----------------- -------- Accounts shall only be used to pay Capital Costs in accordance with the Capital Budget, OA&M Expenses and SG&A Expenses in accordance with the then effective Operating Budget, Term C Loan Guaranty Fees and expenses in connection with Permitted Activities.


More Definitions of OA&M Expenses

OA&M Expenses means all operation, administration and maintenance ------------- expenses with respect to the System which are payable by the Borrower or any Subsidiary (including all sales, excise and similar taxes, all other taxes and duties payable by the Borrower or such Subsidiary and all payments owing to the Operator under the OA&M Agreement in respect of work performed thereunder); provided that OA&M Expenses shall not include (i) amounts payable in -------- respect of Permitted System Upgrades and Permitted Costs, (ii) any non-cash expenses, (iii) income and franchise taxes payable by any Subsidiary and (iv) all payments made to the Subsidiaries under any Intercompany Agreement.
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