Examples of O&M Program in a sentence
Borrower will pay all costs of performance of Borrower’s obligations under any O&M Program, and Lender’s out of pocket costs incurred in connection with the monitoring and review of each O&M Program must be paid by Borrower upon demand by Lender.
Each such operations and maintenance program and any additional or revised operations and maintenance programs established for the Mortgaged Property pursuant to this Section 6.12 must be approved by Lender and will be referred to in this Loan Agreement as an “O&M Program.” Borrower will comply in a timely manner with, and cause all employees, agents, and contractors of Borrower and any other Persons present on the Mortgaged Property to comply with each O&M Program.
Also, the due date for updates to the O&M and Emergency Plan has been corrected to reflect the permit requirement at Part IV-CSM, section F.1.a. This section reads, in part: The permittee shall continue to update annually, an Operation & Maintenance (O&M) Program and corresponding Manual, including an Emergency Plan.
This map shall be completed on or before the first annual update of the O&M Program and Manual.
The permittee shall also include in the O&M Program and corresponding Manual, an Emergency Plan, in accordance with N.J.A.C. 7:14A-6.12(d).