Adjustment in O&M Charges Sample Clauses

Adjustment in O&M Charges. (i) The O&M Charges shall be adjusted during the O&M Period to reflect the variation in the O&M Price Index occurring after the Reference Index Date immediately preceding the Bid Due Date. (ii) All Invoices to be submitted by the Concessionaire to the Jal ▇▇▇▇▇ for the quarterly O&M Charges shall be the product of the applicable O&M Charges for the relevant quarter and the Price Index Multiple applicable on the date of the Invoice.