O&M Payments shall be the collective reference to the Standby Maintenance Payments and Repair Maintenance Payments.
O&M Payments means, for each Facility, collectively the: (a) Capex Annuity; (b) interest on the reducing balance of 60% of the Completion Cost; (c) O&M Charges; and (d) Power Charges (subject to the cap of the Power Charges based on the Guaranteed Energy Consumption), to be paid by NMCG to the Concessionaire during the O&M Period, in accordance with this Agreement. O&M Period means the period of 15 years from the COD during which the Concessionaire is required to operate and maintain the Facilities. O&M Price Index shall comprise: (a) 70% of CPI(IW); and (b) 30% of WPI, which constituents may be substituted by such alternative index or indices as the Parties may mutually agree.
O&M Payments shall have the meaning as set forth in Article 22.7.1;
Examples of O&M Payments in a sentence
Adjustment of Allocable O&M Payments resulting from any variance in the Allocable O&M Costs identified in audited financial statements shall be paid by or credited to the City over twelve (12) months beginning in the next fiscal year, or as mutually agreed by the Parties.
O&M Payments are calculated to compensate the District for the reasonable amount of Allocable O&M Costs incurred by the District for the System attributable to the acceptance, treatment, and discharge of the City’s Wastewater.
More Definitions of O&M Payments
O&M Payments is defined in Section 8(A) of the TOA.
O&M Payments means operations and maintenance payments made to the Company consisting of standby maintenance payments and repair maintenance payments.