Common use of Fees Under O&M Contract Clause in Contracts

Fees Under O&M Contract. The Borrower and the Operator shall not, without the prior written consent of the Majority Lenders, permit "Extraordinary Operation Expenses" under and as defined in the O&M Contract to exceed $750,000 in any fiscal year of the Borrower.

Appears in 2 contracts

Sources: Credit Agreement (Ormat Technologies, Inc.), Credit Agreement (Ormat Technologies, Inc.)