O&M Requirement definition

O&M Requirement means an amount, as same may be allocated to a particular Cost Center, to be deposited in the O&M Account to maintain a balance equal to twenty-five percent (25%) of Operating Expenses as set forth in Section 5.06.B.
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O&M Requirement means an amount not to exceed one million dollars ($1,000,000) per Fiscal Year, as same may be allocated to a particular Cost Center, to be deposited in the O&M Account to maintain a balance equal to ten percent (10%) of Operating Expenses as set forth in Section 5.06.B.
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O&M Requirement means the requirements as to operation and maintenance of the Project set out in Schedule D.
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Examples of O&M Requirement in a sentence

  • Where the AFRR and the Annual Fixed O&M Requirement have been determined for a generating station that is composed of two or more Resources, each shall be allocated to the Resources pro-rata according to their Capacity Supply Obligations as of the Effective Date.

  • Notwithstanding anything to the contrary in this Article 5, City is expressly permitted in the Bond Ordinance to use amounts remaining in the Aviation Operating Fund following any transfers pursuant to 4.06 (a) – (i) of the Bond Ordinance for the Bond Redemption and Improvement Requirement, the O&M Requirement, the Airline Revenue Allocation, and City Revenue Allocation.

  • Notwithstanding anything to the contrary in this Article, City is expressly permitted in the Bond Ordinance to use amounts remaining in the Aviation Operating Fund following any transfers pursuant to 4.06 (a) – (i) of the Bond Ordinance for the Bond Redemption and Improvement Requirement, the O&M Requirement, the Airline Revenue Allocation, and City Revenue Allocation.