OMU definition

OMU means Owensboro Municipal Utilities
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OMU means an Operation Management Unit referred to in Section I.B.1(b) of the Schedule to the Operation Agreement.
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OMU means the Project Operational Management Unit referred to in Section 3.03 (a) (iii) of this Agreement;
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Examples of OMU in a sentence

  • Customer will notify OMU of such proposed change or assignment in writing at least thirty (30) days prior to the effective date of such change.

  • If the proposed assignee is not eligible, in whole or in part, to receive the Unit(s), OMU will notify Customer, and if an eligible assignee is not identified by Customer, OMU will repurchase the applicable Unit(s).

  • OMU agrees to 1) contract for the design and construction of the Solar Array; and 2) for the Term, provide for operation and maintenance of the Solar Array using industry accepted methods and commercially reasonable efforts to maximize the electrical output of the Solar Array.

  • It is the Customer’s responsibility to contact OMU to request the transfer of the Unit(s), which OMU will implement as soon as practicable.

  • Customer acknowledges and agrees that Customer has no ownership or possession of any solar panels or any other physical elements that are part of the Solar Array or the capacity thereof, or ownership interest in OMU.

  • OMU will determine if the proposed assignee is eligible to receive the Unit(s) and if so will implement the change within thirty (30) days of Customer’s notice.

  • Subject to the terms and conditions set forth in this Agreement, OMU hereby grants to Customer the right to receive a production-related credit on its electric bill for the Service Address noted above (the “Service Address”), based on an allocation of the actual net electrical output of the OMU Community Solar Array (“Solar Array”) in proportion to the amount of nameplate capacity in the Solar Array associated with the Units being purchased by Customer.

  • All rights and obligations of OMU herein shall belong and apply exclusively to the Municipal Electric Utility of the City of Osage, Iowa.

  • Any estimate of expected bill credits, or the amount of time it will take for a Customer to recover the cost of Unit(s), made by OMU or others is purely an estimate based on available information and is not a guarantee that bill credits will be any particular amount or that a Customer will recover the cost of Unit(s) over any particular period of time or ever.

  • OMU reserves the right to terminate this Agreement at any time, at its discretion, if circumstances arise that deem termination necessary in the best interest of OMU and its customers.


More Definitions of OMU

OMU means the Borrower’s Oversight and Monitoring Unit referred to in Part A (f) (ii) of the Project;paragraph 4 (a) of Schedule 4 to this Agreement;
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