O&M Period definition

O&M Period means period of 5 years starting with the successful, installation and commissioning and FAT of the project components. The date of start of O&M shall start from the date of successful FAT of the equipment at all the site locations.
O&M Period means[, with respect to each Project Site,] the period commencing on the Services Commencement Date [of the applicable Project Site] and ending five years from the Services Commencement Date [for such Project Site].

Examples of O&M Period in a sentence

  • This O&M BG shall cover the risk against extended warrantee for equipment up to O&M Period and recovery towards shortfall in NEEGG during O&M Period.

  • The overall project works shall be monitored by the experienced project manager designated by the SECOND PARTY.7.2 SECOND PARTY is expected to have adequate resources working in tandem with the professionals during implementation of the project for timely completion & commencement of the BPO project.7.3 During O&M Period, SECOND PARTY is expected to deploy adequate O&M Team to take care of both Technical and Business operations.7.4 The Second Party shall meet all the Operational Expenses.

  • In case the Contractor achieves the NEEGG in the 5th year then then Bank Guarantee shall be returned to the Contractor at the end of 5th year of O&M Period.

  • This Agreement shall take effect on the Effective Date, and shall remain in effect until the earlier to occur of: (a) the end of the O&M Period; or (b) the date that this Agreement is terminated as provided herein (the “Term”).

  • If a Discriminatory O&M Change requires major repair, reconstruction, rehabilitation, restoration, renewal or replacement of any Element during the O&M Period, or requires construction or installation of new improvements, Developer shall perform the major repair, reconstruction, rehabilitation, restoration, renewal or replacement or the new improvement work according to the schedule therefor adopted in the Change Order for such work.


More Definitions of O&M Period

O&M Period means the period commencing from the COD and terminating at the Transfer Date.
O&M Period means period of 5 years starting with the successful, installation and commissioning and FAT of the individual Links as ordered under the project. The date of start of O&M shall start from the date of successful FAT of each link as ordered under the project.
O&M Period means period of 5 years from the Go-Live date.
O&M Period means the operations and maintenance period, determined by whether the procurement proceeds under the DB Law or the IFA.
O&M Period means the period commencing from the Compliance Date and ending on Termination Date either by efflux of time or otherwise in case of premature termination;
O&M Period means period of 5 years from the Go‐Live date.
O&M Period means the period between the Project Construction Completion Date and the Transfer Date during which the Concessionaire shall: (a) operate and maintain the Project Installations; and (b) collect User Charges.