Operation & Maintenance Charges definition

Operation & Maintenance Charges means the actual City cost of operating, maintaining, repairing, replacing and insuring the Transmission Facilities serving the Facility plus the overhead xxxx-up, all as set forth in the Rate Schedule, but shall not include such costs included in a revenue requirement recovered by the City under the SPP Open Access Tariff.
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Operation & Maintenance Charges means the actual City cost of operating, maintaining, repairing, replacing and insuring the Transmission Facilities serving the Facility plus the overhead mark-up, all as set forth in the Rate Schedule, but shall not include such costs included in a revenue requirement recovered by the City under the SPP Open Access Tariff.
Sample 1

Examples of Operation & Maintenance Charges in a sentence

  • Identifying the interests that unite the parties facilitates lateral thinking and allows the parties to expand the number of potential solutions [Astor H & C Chinkin (2002) Dispute Resolution in Australia at 118].

  • The Operation & Maintenance Charges seems to be on the higher side due to high Establishment Cost.

  • After the end of Construction Period Co-developer may transfer (if he intends to) the Project including infrastructure, facilities and utilities to AKVN and any of its designated agencies in appropriate condition along with a corpus fund (equivalent to maintenance charges of entire constructed area for one year at the rate of prevailing rates of Operation & Maintenance Charges) for Operation and Maintenance.

  • The Co-Developer is entitled to grant Sub-Lease of the Built-up Space or part thereof to Units with prior approval of SEZ Commissioner to do so as per the provisions of SEZ Act, during the Lease period through execution of Sub-Lease Deed (between Co-Developer and Such Units as Sub Leasee) dully recognizing all the rights of AKVN including but not limited to ownership right & right to collect Annual Lease Rent/ Operation & Maintenance Charges from such Units as Sub Lessee.

  • Service Credits shall be deducted from Operation & Maintenance Charges before payment is made to the Contractor.

  • The successful bid (L-1) shall be determined on the L-1 basis for the price quoted in Financial Bid, consisting of Fixed Annual Operation & Maintenance Charges (A) and Charges for supplying Manpower (B.L).

  • If Co-developer transfers the all the project assets as per the Clause 4 (b) above AKVN will have the right to charge Annual Lease Rent and Operation & Maintenance Charges as per the provisions of the Lease Deed for Project Site and Sub-Lease Deeds granted there under, from the Sub- leasee/Occupants of the IT/ITES Built-up space/area/units and other Project Facility Built-up Space/Area/Unit (permissible as per SEZ Act/Rules) during entire sub-lease period.

  • Minor alarms in the systemThe supplier shall respond within seven (7) days of the initial request for support.7.6 The Company shall impose Service Credits if the Supplier fails to meet the agreed Service Availability requirements.7.7 Service Credits shall be deducted from Operation & Maintenance Charges before payment is made to the Supplier.7.8 Service Credits shall be imposed in the manner shown in the following table.

  • Capitalization Charge $36.30 per quarterTotal for Operation & Maintenance Charges plus Capitalization Charge up to 1,000 cubic feet purchased =$69.30.

  • He argued that, if the same result could be achieved by way of Part 44, then r.45.24 was otiose.

Related to Operation & Maintenance Charges

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Operation and Maintenance Costs means the costs of:

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • 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;

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Scheduled Maintenance means routine maintenance scheduled by Orange to implement generic changes to, or updates of, the Orange Services or the Orange Network.

  • Routine maintenance means activities to keep an impervious surface as near as possible to its constructed condition. This includes ordinary maintenance activities, resurfacing paved areas, and exterior building changes or improvements which do not materially increase or concentrate stormwater runoff, or cause additional nonpoint source pollution.

  • Deferred Maintenance means improvements necessary for continued operations which do not improve productivity or alter the process technology.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges required to be paid for such Measurement Period, plus (b) regularly scheduled principal payments required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations and Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Maintenance Fees means the non-refundable fees payable annually by Licensee to OT for Support Services;

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Installation Charges means those Charges set out in the Order in relation to installation of the Service and/or any Purchased Equipment, Customer Equipment and/or BT Equipment as applicable.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Maintenance area means any geographic region of the United States previously designated nonattainment pursuant to the CAA Amendments of 1990 and subsequently redesignated to attainment subject to the requirement to develop a maintenance plan under §175A of the CAA, as amended.

  • Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter's balance and/or nomination requirements.

  • Operation and Maintenance or “O&M” shall mean all activities required to operate, maintain, and monitor the effectiveness of the RA as specified in the SOW or any EPA-approved O&M Plan.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.