Common use of O&M Contracts Clause in Contracts

O&M Contracts. If Developer elects not to self-perform the O&M Work, it shall enter into an O&M Contract for the O&M Work, which O&M Contract shall be a Major Subcontract. For purposes of this Section 5.2, “self-perform” means performance of at least thirty percent of the aggregate value of the O&M Work over the Term (excluding Renewal Work and Handback Requirements Work). The O&M Contractor shall have the expertise, qualifications, experience, competence, skills and know-how to perform the O&M Work and related obligations of Developer in accordance with this Agreement.

Appears in 5 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

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