O&M Expenses definition

O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.
O&M Expenses means expenses incurred by or on behalf of the Developer for all operation and maintenance expenses for the Commercial Development Project, the Redevelopment Project (ending at the expiry of the its Maintenance Period) and the Station Development Project (excluding the Railway Operational Activities) (ending at the expiry of its Maintenance Period) as more particularly set out in the Station Facility Management Agreement and including (a) cost of salaries or other compensation to employees; (b) cost of material supply or utilities and other services; (c) premia for insurance; (d) all taxes, duties, cess and fees due and payable in respect of operation and maintenance; (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs of the relevant Assets and Project Utilities; (f) all other expenditure required to be made under Applicable Laws, Applicable Permits or the Agreement;
O&M Expenses means expenses incurred towards Operations and Maintenance of the Project Facility/ies

Examples of O&M Expenses in a sentence

  • Regulation 29(3)(a) of the 2014 Tariff Regulations specifies the norms for O&M Expenses for the transmission system.

  • Regulation 29(4)(a) of the 2014 Tariff Regulations specifies the norms for O&M Expenses for the transmission system.


More Definitions of O&M Expenses

O&M Expenses means the expenses incurred in the operation and maintenance of the Project and includes all matters connected with or incidental to such operation and maintenance, provision of services and facilities in accordance with the provisions of this Agreement. For the avoidance of doubt, fees and expenses payable to the Escrow Bank shall form part of the O&M Expenses.
O&M Expenses means expenses incurred by or on behalf of the Concessionaire or by the Concessioning Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees,(b) cost of materials, supplies, utilitiesandotherservices, (c) premiaforinsurance,
O&M Expenses means (i) all costs, expenses and fees incurred by Seller in respect of operating and maintaining the Plant, and in complying with the Coke delivery and supply obligations of Seller under this Agreement, all of which shall be consistent with accounting principles generally accepted in the United States of America, plus (ii) all Taxes in respect of all such costs, expenses and fees, plus (iii) property taxes in respect of the Plant; provided, however, O&M Expenses include in any event Government Mandated Additional Expenses except where (subject to Section 7.1(c)), such Government Mandated Additional Expenses are inclusive of fines or penalties in respect of violations of Governmental Requirements (including fines or penalties in respect of violations of Governmental Requirements pertaining to the environment, and employee health and safety).
O&M Expenses means (i) all costs, expenses and fees incurred by Provider in respect of operating and maintaining the Plant and in complying with the Coke and Steam delivery and supply obligations of Provider under this Agreement, all of which shall be consistent with U. S. GAAP, plus (ii) all Taxes in respect of all such costs, expenses, and fees. Provided, however, the (u) Pass-Through Expenses, (v) Insurance Costs, (w) Additional Direct Costs, (y) capital costs, and (z) fines or penalties in respect of violations of Governmental Requirements (including, without limitation, Governmental Requirements pertaining to the environment, and employee health and safety), unless caused by negligent or wrongful acts of Off-Taker or the failure of Off-Taker to act when having a duty to do so, are not O&M Expenses.
O&M Expenses means, for any Fiscal Year, expenses of maintenance, operation and administration of the Airport (including, but not limited to, the Midfield Terminal) for such Fiscal Year.