Common use of CAW O&M Costs Allocation Clause in Contracts

CAW O&M Costs Allocation. CAW shall pay to the Project Escrow Account (i) one hundred percent (100%) of the O&M Costs of the Project Facilities for each calendar month, less (ii) the MCWD Proportional Share of O&M Costs for such month as calculated pursuant to Section 11.6. CAW shall pay such amount to the Project Escrow Account within thirty (30) days after receipt of MCWD's and MCWRA’s respective invoices for the amount of the MCWD O&M Costs and the MCWRA O&M Costs, respectively, which invoices will be sent as soon as possible after the end of each calendar month.

Appears in 2 contracts

Samples: Water Purchase Agreement, Water Purchase Agreement

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CAW O&M Costs Allocation. CAW shall pay to the Project Escrow Account (i) one hundred percent (100%) of the O&M Costs of the Project Facilities for each calendar month, less (ii) the MCWD Proportional Share of O&M Costs for such month as calculated pursuant to Section 11.6. CAW shall pay such amount to the Project Escrow Account within thirty (30) days after receipt of MCWD's and MCWRAXXXXX’s respective invoices for the amount of the MCWD O&M Costs and the MCWRA O&M Costs, respectively, which invoices will be sent as soon as possible after the end of each calendar month.

Appears in 2 contracts

Samples: Water Purchase Agreement, Water Purchase Agreement

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