Operating Inputs definition
Examples of Operating Inputs in a sentence
Such monthly statements shall specify the quantity, price and type of Operating Inputs to be supplied during the coming month.
Any difference between such actual Operation and Maintenance Expenses and Operating Inputs and the amount paid for such second preceding Month shall be added to or deducted from, as the case may be, the amount of such monthly statement for such next succeeding Month.
The Operator shall provide the Trust with annual projections, updated monthly, of the Operating Inputs as well as a monthly statement of all amounts due from the Trust in respect of the Operating Inputs provided by the Operator for the forthcoming month.
The Operator shall keep accurate records and accounts of Operation and Maintenance Expenses and Operating Inputs in accordance with generally accepted accounting principles consistently applied.
On or before the tenth day of each Month beginning with the tenth day of the first Month following the beginning of the first Contract Year, the Operator shall deliver to the Trust a monthly statement estimating amounts payable in respect of Operation and Maintenance Expenses and Operating Inputs for the next succeeding Month (and in the case of the first such statement also for the period from the Commencement Date to the end of the Month next succeeding the Month in which the Commencement Date occurs).
The User hereby agrees and covenants to provide any and all Support Items, Support Services, Operating Inputs or AccessEntrance Rights which, in the opinion of the Trust or its designee, are necessary or useful in the provision of such services to third parties.
Beginning with the third Month of the first Contract Year, in addition to the estimate for the next succeeding Month, such monthly statement shall show an adjustment for actual Operation and Maintenance Expenses and Operating Inputs for the second preceding Month, except that adjustments with respect to taxes payable annually shall be made annually.
The Operator (or the User, pursuant to Section 2.1(e)) shall, subject to the occurrence of Uncontrollable Forces, procure Operating Inputs for the Trust sufficient to operate the Facility at its Maximum Dependable Capacity.
The User further agrees to procure the Operating Inputs on the best terms then available to it, and to pass on to the Trust or its designeesdesignee, the benefit of any prices or price reductions obtained with respect thereto.