O&M Charges definition
Examples of O&M Charges in a sentence
If the Power Consumption Liquidated Damages for a quarter exceed the O&M Charges for such quarter, then the excess amounts shall, at the discretion of the Jal ▇▇▇▇▇, either be adjusted against the O&M Charges for the subsequent quarter or recovered from the O&M Security.
If any Service is so terminated, VGSL will use commercially reasonable efforts to resell any such Service which FLAG had purchased on an IRU basis, and if VGSL does resell such Service, such IRU will be terminated (but except as described in the next sentence, no part of the initial payment made therefor shall be refundable) and FLAG will be released from its obligation to pay O&M Charges relating to such Service from and after the effective date of the resale.
Invoices rendered shall contain details to support the amounts contained therein and shall identify O&M Charges, Station Costs as well as restoration costs allocatable to the Capacity and payable by the Grantee.
In addition to the Annual O&M Charges, all applicable taxes, duties, cess and other Government levies will be collected separately from Solar Power Developers.
The Concessionaire shall not be entitled to receive any O&M Charges for the duration that the Jal ▇▇▇▇▇ steps-in to operate and maintain the relevant Facility.
The IRU Prices and O&M Charges for the Services ordered pursuant to Incremental Purchases shall be determined as set forth in Exhibit B.
In addition to the Annual O&M Charges, all applicable taxes, duties, cess and other Government levies will be collected separately from Solar Power Developer.
It is clarified that while the Concessionaire's obligation to operate and maintain the Existing Mirzapur STP will commence from the Effective Date, the Concessionaire's right to receive the relevant O&M Charges will commence from the relevant COD.
The O&M Charges due by Customer pursuant to this Agreement shall he in such amounts and, shall become due and payable on such terms, as set forth in Schedule 7, attached hereto.
The Annual O&M Charges for the first year shall be payable by the SPD on pro-rata basis within 30 (thirty) days from the SCSD of the Project.