Variable O&M Payment definition

Variable O&M Payment means the monthly payment for operations and maintenance related to Energy that the Department makes to the Seller as such payment is calculated pursuant to Section 2.02(b).
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Variable O&M Payment has the meaning set forth in Section 9.04.
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Variable O&M Payment has the meaning set forth in Section J of the Panoche Transaction. 1.113. “Variable O&M Rate” is as provided in Section J of the Panoche Transaction.
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Examples of Variable O&M Payment in a sentence

  • The Purchase Price to be paid by Department for Contract Capacity and Energy provided under this Agreement shall consist of an aggregate payment equal to the sum of the Capacity Payment, Variable O&M Payment and Fuel Payment, as such payments are calculated on a monthly basis as provided below and pursuant to Section 2.05(f).

  • The Purchase Price to be paid by the Department for Rated Capacity and Energy provided under this Agreement shall consist of an aggregate payment equal to the sum of the Capacity Payment, Variable O&M Payment and Fuel Payment.

  • In no event shall FOM or the Variable O&M Payment include the cost of any litigation or administrative actions, disputes or challenges with respect to the Facility or this Agreement other than the costs of obtaining and complying with permits for the Facility in the normal course of business which are not subject to any litigation or administrative actions, disputes or challenges.

  • The Variable O&M Payment (“VOMP”) for each monthly billing period equals the Variable O&M Rate multiplied by the sum over such month of 1) the Unadjusted Metered Energy generated in response to a Buyer dispatch instruction relative to a Reservation of the Unit and 2) , during those hours when Buyer has scheduled a Physical Energy Schedule from the Unit pursuant to Section 3.2, the lesser of in each hour: (i) the Unadjusted Metered Energy (in MWh), or (ii) the Final Physical Energy Schedule (in MWh).

  • Moreover, there shall be no Qualifying Delivered Energy, Variable O&M Payment, Energy Adjustment Payment, SDD Charge, SDD Administrative Charge for any Settlement Interval during which a Seller Initiated Test takes place.

  • Maintenance Costs The Fixed Start-up Payment and the Variable O&M Payment are Buyer’s only payments specifically addressing generating unit maintenance.

  • Variable O&M Payments The Variable O&M Payment (“VOMP”) for each monthly billing period equals the Variable O&M Rate multiplied by the sum, over only those hours when the Unit is Scheduled pursuant to Section 3.2, of the lesser of in each hour:(i) the Unadjusted Metered Energy (in MWh); or (ii) the Final Physical Energy Schedule (in MWh).

  • Pricing for this product will be based on (i) an Option Premium, proposed by Seller and expressed in $/kW-year, (ii) a Variable O&M Payment, proposed by Seller and expressed in $/MWh, and (iii) a Fixed Start-up Payment, proposed by Seller and expressed in $/MW per Start.

  • Moreover, there shall be no Qualifying Delivered Energy, Variable O&M Payment, SDD Charge, SDD Administrative Charge, Heat Rate Adjustment Payment for any Settlement Interval during which a Seller Initiated Test takes place.

  • Variable O&M Payment The Variable O&M Payment payable by Buyer shall be proposed by Seller in $/MWh.


More Definitions of Variable O&M Payment

Variable O&M Payment has the meaning set forth in Section J of the Gates Transaction. 1.113. “Variable O&M Rate” is as provided in Section J of the Gates Transaction.
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Variable O&M Payment. OR "VOMP" -- the product of the Variable O&M Rate and the Net Electric Energy for a Dispatch Period, which is to be paid by Xxxxxxxx to Seller as set forth in Appendix 1, Section II, A.1.
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Variable O&M Payment has the meaning set forth in Section J of the Fresno Transaction.
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Variable O&M Payment. For each month of the Services Term, the Variable O&M Payment will equal the Variable O&M Rate multiplied by the amount of Energy scheduled by Buyer in the applicable month.
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Variable O&M Payment means the Payment for the Facility's variable operation and maintenance expenses as set forth in Section 5.5.
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Variable O&M Payment has the meaning set forth in Section J of the Gates Transaction.
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Related to Variable O&M Payment

  • Variable Charge means the charge that varies according to kgtm and is calculated in accordance with the formula set out in paragraph 2.2.1, summed across all Services;

  • Variable Costs means the Train Operator’s costs which vary as a result of a Category 3 Disruption, a Relevant Cancellation or a Relevant Service Variation (as the case may be) arising directly from changes in train mileage including staff, maintenance, fuel or electricity costs, and the Variable Charge.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Variable Return means a percentage calculated as follows:

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Make-Whole Payment means, with respect to any Series 2018-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2018-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2018-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Variable Interest Rate means any interest rate that does not qualify as a fixed credit interest rate;

  • Payment Ahead means, with respect to a Precomputed Receivable and a Collection Period, any Excess Payment (not representing, when added to any Deferred Prepayment with respect to such Precomputed Receivable, a prepayment in full of such Precomputed Receivable) which the Servicer, in accordance with its customary servicing practices, will apply towards the payment of Scheduled Payments due in one or more future Collection Periods.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Payment Amount as defined in Section 3.5.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Variable Account means the account established for a member who participates in the

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Redemption Payment Date As defined in Section 13.1.

  • Debit Payment means a particular transaction where a debit is made.