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 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;
Examples of Operation and Maintenance Expenses in a sentence
All expenses incurred in preparing such audits are deemed to be Operation and Maintenance Expenses.
On or before the last Business Day of each month, after making all required payments and provisions for payment of Operation and Maintenance Expenses, the Wharves Board shall transfer into the Annual Issuer Payment Fund from the Revenue Fund the sum being the amounts required to be paid to the Issuer (i) pursuant to Article XII of the Issuer’s Home Rule Charter and (ii) in connection with the property and facilities previously acquired by the Issuer.
More Definitions of Operation and Maintenance Expenses
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 or 'O&M Expenses' means the expenditure incurred in operation and maintenance of the transmission system, including part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;
Operation and Maintenance Expenses means all expenses reasonably incurred in connection with the operation and maintenance of the System, whether incurred by the Issuer or paid to any other municipality or company pursuant to contract or otherwise, repairs and renewals (other than capital improvements) necessary to keep the System in efficient operating condition, the cost of audits and reports hereinafter required, fees of the paying agents on the Bonds, payment of premiums for insurance on the System hereafter required, and, generally, all expenses, exclusive of depreciation, which under generally accepted accounting practices are properly allocable to operation and maintenance of the System, but only such expenses as are reasonably and properly necessary to the efficient operation and maintenance of the System shall be included.
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: