Major Maintenance Expenditures definition

Major Maintenance Expenditures means the charges for all non-routine, non-repetitive activities, repair or replacement of machinery or equipment required for the continuity of operations, safety, and operating performance of the Facilities that are necessary to prevent or correct a failure of any component of the equipment which is not included as part of Routine Maintenance including labour charges, together with the Service Fee or fixed fee basis.
Major Maintenance Expenditures means the charges for all non-routine, non-repetitive activities, repair or replacement of machinery or equipment required for the continuity of operations, safety, and operating performance of the Facility that are necessary to prevent or correct a failure of any component of the equipment which is not included as part of Routine Maintenance including labour charges, together with the Service Fee or fixed fee basis.
Major Maintenance Expenditures is defined in Paragraph 4.6(a) of this Agreement. “MECP” means the (Ontario) Ministry of the Environment, Conservation and Parks. “MOL” means the (Ontario) Ministry of Labour.

Examples of Major Maintenance Expenditures in a sentence

  • Approval of each expenditure remains that of the Client as per Section 4.6 – Major Maintenance Expenditures.


More Definitions of Major Maintenance Expenditures

Major Maintenance Expenditures is defined in Paragraph 4.4(a) of this AgreementManagement Fee” is defined in Paragraph 4(a) under Schedule D of this Agreement. “MOECC” means the (Ontario) Ministry of the Environment and Climate Change. “MOL” means the (Ontario) Ministry of Labour.
Major Maintenance Expenditures means labor, materials and other ------------------------------ direct expenses for any overhaul of, or major maintenance procedure for, the turbines which requires significant disassembly or shutdown of the Project pursuant to manufacturers' guidelines or recommendations, engineering or operating considerations or the requirements of any Applicable Law.
Major Maintenance Expenditures means those maintenance expenditures that are identified as major overhauls on Schedule 9.3.
Major Maintenance Expenditures means the charges for all non-routine, non-repetitive activities, repair or replacement of machinery or equipment required for the continuity of operations, safety, and operating performance of the Facility that are necessary to prevent or correct a failure of any component of the equipment which is not included as part of
Major Maintenance Expenditures means Capital Expenditures or other major maintenance expenses to be incurred by the Issuer or any of its Subsidiaries (other than any operating costs or expenses included in the Issuer's annual Operating Budget pursuant to Section 4.26(a))
Major Maintenance Expenditures has the meaning assigned to such term in the Disbursement Agreement
Major Maintenance Expenditures means, with respect to a Project, all expenditures by a Loan Party for major maintenance of such Project in accordance with prudent U.S. electric generation industry practices and vendor and supplier requirements and recommendations (including overhauls and replacements of major components of such Project).