Variable O&M Component definition

Variable O&M Component. The meaning ascribed thereto in Schedule 1.
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Variable O&M Component. The meaning ascribed thereto in Schedule 1. “Unit Start-Up Charge” – The meaning ascribed thereto in Schedule 1.
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Variable O&M Component. Shall have the meaning set forth in Attachment J (Energy Charge and Capacity Charge Payment Formulas) (Energy Charge).
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Examples of Variable O&M Component in a sentence

  • Multitrade shall compensate DuPont (through offset against the Variable O&M Component payment payable by DuPont hereunder for the applicable period) for its out of pocket costs for water, gas and electricity used to serve non-DuPont customers as reasonably estimated by DuPont and notified in writing to Multitrade.

  • To the extent that an estimate is provided and used for purposes of determining the Fuel Component, Variable O&M Component, Back-up Energy Component or any other charge, Seller shall provide Buyer a statement of the actual amount of such charge as soon as 120 126 available to Seller, and Seller shall make the appropriate adjustment in the following Month's invoice.

  • If Seller from time to time does not know the actual amount of the Fuel Component, Back-up Energy Component, Variable O&M Component or any other charge due for a particular Month when Seller prepares an invoice pursuant to this Section 9.1, Seller may estimate such cost using all available data.

  • The effective date of an interim or final order (whichever is first) of the Public Utilities Commission in a HECO general rate case using a 2005 calendar year test year that includes in HECO’s base electric rates the additional purchased power costs (including the Capacity Charge for the Increment One Capacity and the Variable O&M Component of the Energy Charge) incurred by HECO pursuant to the Increment One Capacity Agreement.

  • The Facility’s Variable O&M Component shall consist of the per kWh Variable Component of $0.0099/kWh as of January 1, 2017, adjusted each year on January 1, starting in 2018, at one-hundred percent (100%) of the change in GDPIPD but shall not exceed 4% increase in any given term year, using the adjustment methodology set forth in Attachment I (Adjustment of Charges).

  • If Multitrade sells steam to any such other customers, Multitrade shall, for the applicable period, prorate the Fixed Capacity Component payment for all customers and shall, if necessary, adjust the Variable O&M Component cost hereunder so that such charge to DuPont is no less favorable than the comparable charge payable by another such customer.


More Definitions of Variable O&M Component

Variable O&M Component. The sum of the Variable O&M Foreign Component and Variable O&M Local Component.
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Variable O&M Component means, in any Month, any expenses reasonably incurred by Seller in the operation and maintenance of the Facility in such Month (to the extent not included in the 36 42 Fixed O&M Charge or in the Fuel Component) that vary based upon the operation of the Facility, including boiler feed water consumed (calculated based on boiler feed water input less Steam delivered to the Existing Facility), parts, expendables, maintenance items and labor, chemicals, catalyst, Taxes and similar charges as set forth in Exhibit G. In calculating the Variable O&M Component, any Variable O&M Costs Chargeable to Power Augmentation and any Variable O&M Costs Chargeable to Third Party Sales described in (a) of the definition thereof shall be deducted. In no event shall Buyer be liable for any cost of financing the purchase of items or services that Buyer is otherwise liable to reimburse Seller for as part of the Variable O&M Component. To the extent reasonable and prudent, the costs incurred on behalf of the Facility will recognize the incremental economies of scale and efficiencies (if any) made possible by virtue of the location of the Facility adjacent to the Existing Plant, however, Seller in no fashion guarantees nor warrants to Buyer that any such economies of scale or efficiencies will in fact be realized. If and to the extent that the construction, operation or maintenance of the Facility pursuant to this Agreement causes the Existing Plant to incur costs (other than costs related to the production and utilization of steam, including Steam, by the Existing Plant) that would not have been incurred but for the construction, operation or maintenance of the Facility and either (i) Seller is not specifically reimbursed
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Variable O&M Component. Shall have the meaning set forth in Section 5.1(F)(2) (Variable O&M Component).
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Variable O&M Component means:
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Related to Variable O&M Component

  • Components means articles, materials, and supplies incorporated directly into end products at any level of manufacture, fabrication, or assembly by the Contractor or any subcontractor.

  • Structural component means a component that supports non-variable forces or weights (dead loads) and variable forces or weights (live loads).

  • Component means an article, material, or supply incorporated directly into an end product.

  • Bearing components means the bearing element, retainer, inner race, or outer race.

  • Original component manufacturer means an organization that designs and/or engineers a part and is entitled to any intellectual property rights to that part.

  • CLASS Features means certain CCIS-based features available to Customers, including: Automatic Call Back; Caller Identification and related blocking features; Distinctive Ringing/Call Waiting; Selective Call Forward; and Selective Call Rejection.

  • Cash Component means the difference between the aggregate Net Asset Value of the Units comprising an Application Unit and the Application Basket Value.

  • Open-Source Components means any software component that is subject to any open-source copyright license agreement, including any GNU General Public License or GNU Library or Lesser Public License, or other obligation, restriction or license agreement that substantially conforms to the Open Source Definition as prescribed by the Open Source Initiative or otherwise may require disclosure or licensing to any third party of any source code with which such software component is used or compiled.