Operation and Maintenance Fee definition

Operation and Maintenance Fee means the fee for the Operation and Maintenance Service payable by Client to Service Provider, which shall be calculated in accordance with Article 2.1 of APPENDIX II.
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Operation and Maintenance Fee has the meaning set forth in Section 6.2.1.
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Operation and Maintenance Fee means the component of the Service Fee consisting of
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Examples of Operation and Maintenance Fee in a sentence

  • In order to reduce the shortfall in funds needed to maintain the public infrastructure associated with MW Property due to City Council Resolution XXXX(16), City shall establish, and MW shall provide all necessary assistance, to form a Community Facilities District (“CFD”) including the MW Property to pay for services eligible for funding pursuant to Government Code Section 55413, from Special Taxes, for the City Operation and Maintenance Fee as described in Section 1.a. above.

  • No later than the 10th day of each calendar month during the term, Sprint will pay Operator an "Operation and Maintenance Fee" pursuant to the terms set forth on Schedule 3.

  • MW, including its successors in interest and assigns shall make an annual City Operation and Maintenance Fee payment as referenced in c.(B) below (“O&M Payment”).

  • The services of Primary Sub-Adviser to the Manager, the Fund(s) and the Trust are not to be deemed to be exclusive, and Primary Sub-Adviser shall be free to render investment advisory or other services to others and to engage in other activities, so long as the services provided hereunder by Primary Sub-Adviser are not impaired.

  • Service Provider shall issue the invoice of the Operation and Maintenance Fee for the previous Billing Period to Client, with the Reconciliation Statement for such Billing Period and the supporting documents proving the Power Consumption for such Billing Period (as Service Provider deems reasonably necessary) as attachments to the invoice.

  • Interconnector shall pay to SoCalGas each month an Operation and Maintenance Fee (“O&M Fee”) as determined from time to time by SoCalGas associated with the operation and maintenance of the metering equipment and other related facilities at the Interconnection Point that are owned and operated by SoCalGas necessary to accept Gas from Interconnector in accordance with good industry practice, SoCalGas’ normal procedures and governmental regulations.

  • All payment of Operation and Maintenance Fee pursuant to this Service Framework Agreement, shall be made in accordance with paragraph 4.2 of the applicable Service Order.

  • The Operation and Maintenance Fee for each Billing Period shall be calculated as follows: The number of the Operation and Maintenance Fee shall be rounded up to 3 decimal places.

  • The developer of the residential development shall pay an Inspection Lifetime Operation and Maintenance Fee to the Program for each retention/detention basin.

  • Invoices for the Operation and Maintenance Fee will be sent to each addressed Lot Owner in the month prior to the date such invoice is due.


More Definitions of Operation and Maintenance Fee

Operation and Maintenance Fee means the component of the Service Fee consisting of the costs of performing the Services exclusive of the Capital Improvements.
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Related to Operation and Maintenance Fee

  • Operation and Maintenance Costs means the costs of:

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Operation and Maintenance or “O&M” shall mean all activities required to operate, maintain, and monitor the effectiveness of the RA as specified in the SOW or any EPA-approved O&M Plan.

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Maintenance Fees means the non-refundable fees payable annually by Licensee to OT for Support Services;

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Support and Maintenance Services means the support and maintenance services described in Section 1 of these Support Terms.

  • Monthly Maintenance Statement shall have the meaning set forth in Clause 19.6;

  • Routine maintenance means actions performed on a regular or controllable basis or in response to uncontrollable events upon a highway, road, street, or bridge. Routine maintenance includes, but is not limited to, 1 or more of the following:

  • Maintenance Adder means an adder that may be included to account for variable operation and maintenance expenses in a Market Seller’s Fuel Cost Policy. The Maintenance Adder is calculated in accordance with the applicable provisions of PJM Manual 15, and may only include expenses incurred as a result of electric production.

  • Scheduled Maintenance means any adjustment, repair, removal, disassembly, cleaning, or replacement of components or systems required by the manufacturer which is performed on a periodic basis to prevent part failure or equipment or engine malfunction, or anticipated as necessary to correct an overt indication of malfunction or failure for which periodic maintenance is not appropriate.

  • Maintenance and Operations Revenue or “M&O Revenue” means (i) those revenues which the District receives from the levy of its annual ad valorem maintenance and operations tax pursuant to Section 45.002 of the TEXAS EDUCATION CODE, or other lawful authority, and Article VII § 3 of the TEXAS CONSTITUTION, plus (ii) all State revenues to which the District is or may be entitled under the applicable provisions of the TEXAS EDUCATION CODE or any other statutory provision as well as any amendment or successor statute to these provisions, as applicable, less

  • Software Maintenance means the process of modifying software after delivery to correct faults, improve performance or other attributes, or adapt to a changed environment. (Reference ISO/IEC 14764:2006, as amended or superseded.) Software maintenance does not include any customization or configuration.

  • Services Fee means, collectively, the Senior Services Fees and the Subordinated Services Fees.

  • Maintenance and Support Services means the services provided by Contractor under Appendix F.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.