Common use of Variable O&M Clause in Contracts

Variable O&M. Commencing on the Commercial Operation Date, the Department shall pay the Seller a payment for the variable costs of operation and maintenance associated with Energy delivered by the Seller from the Facility pursuant to the Department's Schedule or Dispatch determined pursuant to a Management Agreement (the “Variable O&M Payment”), on a monthly basis in arrears.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Variable O&M. Commencing on the Commercial Operation Date, the Department shall pay the Seller a payment for the variable costs of operation and maintenance associated with Energy delivered by the Seller from the Facility pursuant to the Department's Schedule or Dispatch determined pursuant to a Management Agreement (the "Variable O&M Payment"), on a monthly basis in arrears. The Variable O&M Payment shall be an amount equal to $5/MW-hr delivered to Department.

Appears in 1 contract

Samples: Consent and Agreement

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