Common use of Operation and Maintenance Expenses Clause in Contracts

Operation and Maintenance Expenses. 22.1 The expenses for the operation and maintenance of the San Xxxx Project in the performance of Operating Work (which, for purposes of this Section 22, and as defined more particularly herein, are referred to as the “O&M Expenses”) shall be apportioned among the Participants, in accordance with the following percentages: 22.1.1 For Units 1 and 2 and for all equipment and facilities directly related to Units 1 and 2 only, in accordance with the following percentages: 22.1.1.1 PNM - 50 percent 22.1.1.2 TEP - 50 percent 22.1.1.3 M-S-R - 0 percent 22.1.1.4 Farmington - 0 percent 22.1.1.5 Tri-State - 0 percent 22.1.1.6 LAC - 0 percent 22.1.1.7 SCPPA - 0 percent 22.1.1.8 Anaheim - 0 percent 22.1.1.9 UAMPS - 0 percent 22.1.2 For Xxxx 0 and all equipment and facilities directly related to Unit 3 only, in accordance with the following percentages: 22.1.2.1 PNM - 50 percent 22.1.2.2 TEP - 0 percent 22.1.2.3 M-S-R - 0 percent

Appears in 3 contracts

Samples: Project Participation Agreement, San Juan Project Participation Agreement (Public Service Co of New Mexico), San Juan Project Participation Agreement (Public Service Co of New Mexico)

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