M&V Services definition

M&V Services. (if any) are defined in Attachment E. “Maintenance Services” (if any) are defined in Attachment F.

M&V Services is defined in Attachment H. “Maintenance Services” is defined in Attachment I. “Manhattan Beach USD” is defined in the Preamble.

M&V Services means Services or activities relating to the measurement and verification by ESCO of the efficiency and effectiveness of the Project, pursuant to this Contract and the CEO Measurement and Verification Policy as applied.

Examples of M&V Services in a sentence

• Manhattan Beach USD will further cooperate with Chevron Energy Solutions’ performance of the M&V Services by providing utility information, changes in Energy Use Factors, and/or additional information as reasonably requested by Chevron Energy Solutions.

• Unless Manhattan Beach USD gives Chevron Energy Solutions prior written notice of its intent to terminate the M&V Services, any failure to timely pay the Annual M&V Fee in accordance with this Attachment H, Section (II)(H) will be a material default by Manhattan Beach USD under the Contract, and Chevron Energy Solutions, in addition to any other legal, contractual and equitable remedies available to it, will have no obligation thereafter to perform M&V Services or to make Guarantee Payments.

• In the event that Chevron Energy Solutions is delayed in, or prevented from, accurately calculating the actual EC Savings for any day of any Measurement Period by reason of any event beyond its control, such circumstance will not constitute a default, and Chevron Energy Solutions will be excused from performing the M&V Services while such event is continuing.

• As compensation for the M&V Services hereunder, Manhattan Beach USD will pay the Annual M&V Fee to Chevron Energy Solutions.