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 Concessionaire 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) premia for insurance, (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 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.

Examples of O&M Expenses in a sentence

  • The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.

  • Increase in O&M Expenses considered by the Commission year on year is 5.61% which is not sufficient to meet the future O&M expenses.

  • O&M Expenses have been considered for one month of the allowed O&M Expenses.

  • All other projections beyond FY 2019-20 were developed by District staff based on inflationary assumptions (from Table 4-4) and anticipated structural changes to the O&M budget due to either non-recurring expenses or future expenses not currently incurred.Table 5-5: Projected O&M Expenses by Cost Center Cost CenterDescriptionForecast FY 2019-20Projected FY 2020-21Projected FY 2021-22Projected FY 2022-23Projected FY 2023-24Projected FY 2024-25 Table 5-6 shows a summary of O&M expenses by department.

  • For the avoidance of doubt, compensation payable may include interest payments on debt ,O&M Expenses, any increase in capital costs on account of inflation and all other costs directly attributable to such material breach or default but shall not include loss of User Charges/ Fee revenues, debt repayment obligations or other consequential losses, and for determining such compensation, information contained in the Financial Package and the Financial Model maybe relied upon to the extent it is relevant.


More Definitions of O&M Expenses

O&M Expenses means expenses incurred, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services,
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 the expenses incurred by or on behalf of the Facility Manager for all operation and maintenance expenses for the Station Area including (i) cost of salaries or other compensation to employees (ii) cost of material supply or utilities and other services (iii) premium for insurance (iv) all taxes, duties, cess and fees due and payable in respect of the SFM Project (v) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs of the relevant Station Assets and Station Project Utilities (vi) all outgoings, cess, and other Taxes (including municipal Taxes), rates and other user charges whatsoever and all increases thereto, in respect of the Station Assets and Station Project Utilities, and (vii) all other expenditure required to be made under Applicable Laws, Applicable Permits or the SFM Agreement;
O&M Expenses means expenses incurred towards Operations and Maintenance of the Project Facility/ies
O&M Expenses means expenses incurred by or on behalf of the Concessionaire or by the Authority, as the case may be, for all O&M of Mandatory Development Obligations including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) premia for insurance, (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 any 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. However, O&M Expenses shall not include any cost and expense related to O&M of Optional Project Facilities;
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.
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.