Examples of Operating and Maintenance Expenses in a sentence
The Developer and Connecting Transmission Owner shall each provide advance notice to the other Party, and to NYISO, before undertaking any work on such circuits, especially on electrical circuits involving circuit breaker trip and close contacts, current transformers, or potential transformers.10.5 Operating and Maintenance Expenses.
For example, the 1991 Master Bond Resolution includes in the definition of Operating and Maintenance Expenses (which is used to calculate Net Revenues) “the payment of pension charges … with respect to employees of the Commission…” (emphasis added) and excludes a number of noncash accrual items.
Neither the Company nor 407 ETR will, nor will the Company allow any Subsidiary to, enter into any Swap Agreement, or any other similar agreement except pursuant to a Swap Agreement for the purpose of hedging Indebtedness or Operating and Maintenance Expenses.
In the event that Operating and Maintenance Expenses have increased (as set 3 forth above), a rent increase based on these expenses will be allowed only if the per unit 4 increase amount exceeds that which has already been allowed by the annual rent increase, in 5 which event only the amount over the annual rent increase amount will be allowed.
Only 19 those tenants in residence during Year 1 may be assessed a rent increase based on an increase 20 in Operating and Maintenance Expenses, except in cases of change of ownership following 21 commencement of tenancy.