Examples of O&M Fee in a sentence
The Operator in case due to non-availability of the Conductor is not able to ply the Bus either on time or for the entire day, the same shall not constitute a breach of Operator’s obligations and the Authority shall be liable to make payment of O&M Fee to the Operator.
Subsisting, Authority shall make payment of such O&M Fee that was due by inflating it by prevailing WPI rate for each day’s delay.
The Fixed O&M Fee represents the Company’s maximum and fixed operations and maintenance fee for the Wastewater Facilities, stated annually, as set forth in Appendix 6 attached to this Agreement.
The Village shall pay the Company for the Operations Services an annual Service Fee comprised of a fixed O&M Fee as set forth in Appendix 6, subject to annual CPI adjustment as set forth in Section 9.6.2. The Village shall maintain the Renewal and Replacement Fund for the purpose of funding or paying for Renewals and Replacements.
The Fixed O&M Fee shall be prorated in the month of the Commencement Date of Operations of Wastewater Facilities.