O & M Costs definition
Examples of O & M Costs in a sentence
City shall waive any permit fees associated with a Bikeshare Location, whether on City-owned property or private property; provided however, any such permit fees will be credited towards the City’s 65% share of O & M Costs.
To pay LACMTA within 45 calendar days of receipt of an acceptable invoice and copies of relevant supporting documentation for the City’s share of O & M Costs as described in Article 6 below.
In the event Prescott, in its sole discretion, determines during the course of a particular Fiscal Year that the Estimated O & M Costs for that particular Fiscal Year differ significantly from the Actual O & M Costs that have accrued during the same Fiscal Year, ▇▇▇▇▇▇▇▇ may recalculate the Estimated O & M Costs for that particular Fiscal Year, as well as the Prescott Valley’s Estimated O & M Cost Share.
Except as provided in Article 6.1.2, Williamsburg’s share of Variable and Fixed O & M Costs shall remain at ten percent (10%) of an Alternate Water Source.
To ▇▇▇▇ the City, periodically, for costs incurred for the City’s share of O & M Costs of the Pilot, described in Article 6, below.
LACMTA revenue that exceeds LACMTA’s share of costs will then be applied towards the City’s share of Net O & M Costs and non grant funded capital costs.
The total cost of O & M services will be reduced by any Bikeshare User Revenues generated by the Pilot as described below in Article 7, below (the “Net O & M Costs).
Prescott Valley shall pay to Prescott, in advance, an amount equal to the Estimated O & M Costs, multiplied by Prescott Valley’s Share (collectively the “Prescott Valley’s Estimated O & M Cost Share”).
Williamsburg’s first payment will be due and payable September 1, 2009 and will include Williamsburg’s ten percent (10%) share of Fiscal Year 2009 Variable and Fixed O & M Costs.
LACMTA will be responsible for paying 35% of the Net O & M Costs.