Ongoing Operation and Maintenance Charges Clause Samples
Ongoing Operation and Maintenance Charges. (A) Prior to the Transfer Date. Seller shall maintain, at its cost, Company-Owned Interconnection Facilities that it or its Contractors constructed, if any, prior to the Transfer Date. Company shall not use or operate the Company-Owned Interconnection Facilities constructed by Seller prior to the Transfer Date.
Ongoing Operation and Maintenance Charges. On and after the Commercial Operation Date, the Company shall own, operate and maintain the Company-owned Interconnection Facilities. The Company shall b▇▇▇ the Seller monthly for any costs incurred in operating, maintaining and replacing (to the extent not covered by insurance) the Company-owned Interconnection Facilities. The Company’s costs will be determined on the basis of, but not limited to, direct payroll, material costs, applicable overheads at the time incurred, consulting fees and applicable taxes. The Seller shall, within thirty (30) Days after the billing date, reimburse the Company for such monthly billed operation and maintenance charges.
Ongoing Operation and Maintenance Charges. Prior to the Transfer Date. Seller shall operate and maintain, at its sole cost and expense, Company-Owned Interconnection Facilities that it or its Contractors constructed, if any, prior to the Transfer Date. On or After the Transfer Date. On and after the Transfer Date, Company shall own, operate and maintain Company-Owned Interconnection Facilities. Monthly Bill. Company shall bill Seller monthly for any costs incurred in operating, maintaining and replacing (to the extent not covered by insurance) Company-Owned Interconnection Facilities. Company's costs will be determined on the basis of, but not limited to, direct payroll, material costs, applicable overhead at the time incurred, consulting fees and applicable taxes. Seller shall, within thirty (30) Days after the billing date, reimburse Company for such monthly billed operation and maintenance charges.
Ongoing Operation and Maintenance Charges. Seller shall operate and maintain, at its cost, the Company-owned Interconnection Facilities that it or its Contractors constructed, if any, prior to the Transfer Date. On and after the Transfer Date, Company shall own, operate and maintain the Company-owned Interconnection Facilities. The Company shall ▇▇▇▇ the Seller monthly for any reasonable costs incurred in operating, maintaining and replacing (to the extent not covered by insurance) the Company-owned Interconnection Facilities. The Company’s costs will be determined on the basis of, but not limited to, direct payroll, material costs, applicable overheads at the time incurred, consulting fees and applicable taxes. The Seller shall, within thirty (30) days after the billing date, reimburse the Company for such monthly billed operation and maintenance charges.
Ongoing Operation and Maintenance Charges