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O&M Budget definition

O&M Budget means the budget prepared by Opco for the LIL based on the LTAMP and setting forth the Operating and Maintenance Costs and Sustaining Costs required to be made for each Operating Year during the LIL Lease Term, including the type of expenditure, the amount thereof and the schedule for making such expenditure;
O&M Budget means the budget for O&M Services adopted in accordance with Schedule 4.2.
O&M Budget means a document substantially in the form of Annex 20 (O&M Budget Form) to the CTA, which sets out (a) the Operating Expenses (including Capital Expenses) of the Project (except for any Operating Expenses provided in the Construction Budget), (b) all taxes and (c) all costs and expenses of the Issuer in connection with the provision by the Issuer of any Acceptable Letter of Credit and other Permitted Indebtedness incurred by the Issuer, in each case, in each period after the first occurring from January 1, 2020 to the Commercial Operation Date for which such document is required under this Agreement, as such O&M Budget may be revised over time in accordance with Clauses 9.1(hh), 9.1(ii), 9.1(jj), 9.1(kk), 9.1(ll), and 9.1(mm).

Examples of O&M Budget in a sentence

  • The amount requested is 25% of the Canal Corporation’s 2020 O&M Budget.

  • COUNCIL POLICY / STRATEGY OR GOAL: Town of Hay River Purchasing Policy APPLICABLE LEGISLATION, BYLAWS, STUDIES, PLANS: Bylaw 1574-GEN-16 Property Procedures or Procurement Bylaw FINANCIAL IMPLICATIONS: 2018 O&M Budget.

  • The funds shall be placed in the District's general checking account and used to fund the actual administrative and operations expenses of the District’s O&M Budget.

  • The expenses associated with the operations of the Canal Corporation for calendar year 2020 were included in the Canal Corporation’s 2020 O&M Budget and the Authority’s 2020 Budget.

  • The expenses associated with the operations of the Canal Corporation for calendar year 2021 were included in the Canal Corporation’s 2021 O&M Budget and the Authority’s 2021 Budget.


More Definitions of O&M Budget

O&M Budget means, with respect to any Project, the projected amount of operations and maintenance expenditures for such Project, in form and substance satisfactory to Investor.
O&M Budget has the meaning given to such term in Section 5.01(n)(iii) (Project Plans).
O&M Budget means, for any period, the current O&M budget for that period under Clause 15.4 (O&M Budgets).
O&M Budget shall have the meaning set forth in Section 8.1.
O&M Budget means, for any Fiscal Year or portion thereof, the annual budget, with detail on a monthly basis, of Operating Costs (including the Covered Spoke O&M Budgets) for such period delivered by the Borrower and approved by DOE pursuant to Section 7.28(a)(i) (Submission and Approval of O&M Budget) and substantially in the form of the Form of O&M Budget and in each case, which shall include the Operating Forecast and the Operating Plan for the relevant period.
O&M Budget has the meaning given to such term in Section 2.9(a).
O&M Budget no later than June 15 of each fiscal year and Xxxxxxx County shall deliver a copy of the O&M Budget to Sasol no later than July 1 of each fiscal year.