Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

Operation and Maintenance Expenses or “O&M Expenses” means the expenditure incurred in operation and maintenance of the generating station or part thereof, including the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

Operation and Maintenance Expenses means such reasonable and necessary current expenses of the City, paid or accrued, of operating, maintaining and repairing the System including, except as limited by contract or otherwise limited by law, without limiting the generality of the foregoing:

Examples of Operation and Maintenance Expenses in a sentence

There shall be deposited in the Operation and Maintenance Fund, either from the Gross Revenue Fund or the Rate Stabilization Fund, the amounts budgeted for Operation and Maintenance Expenses for the ensuing month and any amounts required for an operational reserve.
Amounts on deposit in the Rate Stabilization Fund may, at the option of the City Council, be withdrawn and used for any otherrequired purpose of the System, but in such event, such withdrawal, if for a purpose other than the payments of Operation and Maintenance Expenses, shall be excluded from Net Earnings.
Spanish Fork shall collect from Mapleton, on a monthly basis, Mapleton's proportionate share of Operation and Maintenance Expenses relating to the Facilities in accordance with this Agreement, and shall apply those payments against the budget.
The Operation and Maintenance Fund is intended to provide for the payment of the Operation and Maintenance Expenses.
Spanish Fork shall use its best efforts to keep the Operation and Maintenance Expenses related to the Facilities within the amounts established in the Annual Budget and shall make no expenditures or incur any obligation in excess of amounts established in the Spanish Fork Annual Budget without revision of the budget.

More Definitions of Operation and Maintenance Expenses

Operation and Maintenance Expenses or ”O&M expenses” means the expenditure incurred on operation and maintenance of the Company or of a particular project and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads but excludes fuel expenses and water charges;

Operation and Maintenance Expenses or ‘O&M expenses’ means the expenditure incurred on operation and maintenance of the transmission system including part thereof, and includes the expenditure on man-power, repairs, spares, consumables, insurance and overheads.

Operation and Maintenance Expenses means all reasonable and necessary current expenses of the System, for any particular Fiscal Year or period to which such term is applicable, paid or accrued, related to operating, maintaining and repairing the System, including, without limiting the generality of the foregoing:

Operation and Maintenance Expenses means all reasonable and necessary current expenses of the authority, paid or accrued, of operating, maintaining, and repairing any regional transportation system.

Operation and Maintenance Expenses means, for any period, the sum, computed without duplication, of the following, in each case that are contemplated by the then- effective Operating Budget or are incurred in connection with any permitted exceedance thereunder pursuant to Section 6.7(a) (Project Construction;

Operation and Maintenance Expenses means the reasonable and necessary costs of operating, maintaining, administering and repairing the System, including salaries, wages, costs of materials and supplies, insurance and audits, but excluding depreciation, debt service, tax equivalents and capital expenditures.

Operation and Maintenance Expenses means all reasonable and necessary current expenses of the City, paid or accrued, of operating, maintaining and repairing the Municipal Utility System, including, without limitation: