Fixed O&M Payment definition

Fixed O&M Payment has the meaning set forth in section 5.2(d)(ii).
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Fixed O&M Payment has the meaning set forth in section 5.2(d)(ii). “Fixed Project Payment” has the meaning set forth in section 5.2(d)(i).
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Fixed O&M Payment shall have the meaning given to such term in Article 8.2 hereof.
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Examples of Fixed O&M Payment in a sentence

  • Reductions to the Capacity Payment and Fixed O&M Payment due to reduced Availability may apply.

  • Any Unexcused Scheduled Maintenance Outage taken pursuant to Section 3.10(g) that does not also meet the requirements set forth in Sections 3.10(b) through 3.10(f) above for an Excused Scheduled Maintenance Outage shall be treated as unavailable during such periods for purposes of determining Availability as specified in Section 4.1. Reductions to the Capacity Payment and Fixed O&M Payment due to reduced Availability will apply.

  • To the extent Seller experiences an event of Force Majeure that excuses it from delivering Capacity and Energy to Southwestern pursuant to this Article 11, the Capacity Payment and the Fixed O&M Payment (the "Fixed Payments") shall be reduced for the period of Force Majeure in accordance with the following formula: RFP = TFP * APC --- UPC where RFP means the reduced Fixed Payments due for the billing period to which the Force Majeure excuse applies.

  • Subject to the other terms and conditions of this Agreement, payment for purchases by Southwestern from Seller under this Agreement shall consist of the sums of (i) a Capacity Payment, (ii) a Fixed O&M Payment, (iii) an Energy Payment, (iv) a Variable O&M Payment, and (v) Start Payments (when applicable), less a Seller Charge, all as defined below and further specified in Attachment F.

  • The City will index the Fixed OM Payments based on a combination of CPI and LPI, the latter applied to the labour component of the Fixed OM Payment.

  • Assume that the Fixed O&M Payment for 1998 is $4.00/kW month and the Effective Date is January 1, 1996.

  • XXXX agrees to work with Qwest in good faith to complete promptly or update, as applicable, Qwest’s “New Customer Questionnaire” to the extent that CLEC has not already done so, and CLEC shall hold Qwest harmless for any damages to or claims from CLEC caused by CLEC’s failure to complete or update the questionnaire.

  • Subject to review and approval of this agreement by the Commission pursuant to section 5.2, at least 30 Days before the Commercial Operation Date reasonably anticipated by Seller, Seller shall provide Buyer with a schedule of the Contract Price and the Initial Clean Coal Rate Adjustment applicable upon Commercial Operation showing the Fixed Project Payment, the Fixed O&M Payment, Fuel Payment and the Variable Payment.

  • If MERALCOexercises such option, it shall not be required to make any Capacity Payment and Fixed O&M Payment with respect to Contract Energy that is not taken by MERALCO.

  • Commencing with the first anniversary of the Effective Date and on each subsequent anniversary thereof through- out the term of this Agreement, this component shall be calculated as the product of the prior year's Fixed O&M Payment and the ratio of the average of the four quarterly GDPDI values ending with the third quarter of the prior year, to the average of the four quarterly GDPDI values ending with the third quarter of the year prior to such prior year.


More Definitions of Fixed O&M Payment

Fixed O&M Payment means the Payment for the Facility's fixed operation and maintenance expenses, as set forth in Section 5,3.
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Related to Fixed O&M Payment

  • Interim Payment has the meaning specified in Section 10.1.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Collateral Senior Minimum Monthly Interest shall have the meaning specified in subsection 4.02(d).

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Delta Payment means as it is described in this Agreement.

  • Make-Whole Payment means, with respect to any Series 2018-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2018-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2018-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Earn-Out Payment has the meaning set forth in Section 2.07(a)(i).

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).

  • Service Payment has the meaning given to it in clause 9.1;

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.