O&M Contract definition

O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;
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O&M Contract means the operation and maintenance contract that may be entered into between the Developer and the O&M Contractor for performance of all or any of the O&M obligations;
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O&M Contract means any agreement entered into between Project Company and a third party contractor for the operation and maintenance of the Facility.
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Examples of O&M Contract in a sentence

  • If Developer elects not to self-perform any aspect of the operations and maintenance of the Project, including toll operations, it shall enter into an O&M Contract for such O&M Work.

  • If Developer elects not to self-perform the O&M Work, it shall enter into an O&M Contract for the O&M Work, which O&M Contract shall be a Major Subcontract.

  • If the Supplier has a solution which may be implemented at a later date, Owner, at its discretion, can arrange for the implementation of such solution through the O&M Contract.

  • Notwithstanding anything to the contrary contained in this Agreement, the Concessionaire agrees and acknowledges that selection or replacement of an O&M Contractor and execution of the O&M Contract shall be subject to the prior approval of the Authority.

  • From the execution date by the Principal of the PAC, the Parent Company Guarantee must also guarantee the precise and prompt performance of the obligations undertaken by the Contractor, pursuant to the O&M Agreement, as well as the punctual performance of all the payment obligations, borne by the Contractor under the O&M Contract.


More Definitions of O&M Contract

O&M Contract. The agreement, if any, between the Company and the O&M Contractor for the operation and maintenance of the Facility.
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O&M Contract means any direct Contract between Developer or an Affiliate and a third party (i.e. a Person other than TxDOT) for management, direction, supervision or performance of the O&M Work or any significant portion thereof. O&M Contract includes any direct Contract between Developer or an Affiliate and a third party for operation or maintenance of all or any part of the tolling system for the Project. There may be more than one O&M Contract concurrently in effect. For the purpose hereof, “significant portion” means that the third party’s annual contract price equals or is reasonably expected to equal at least 15% of Developer’s annual budget for O&M Work (excluding budgeted costs for Renewal Work).
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O&M Contract means the Operation and Maintenance Contract that may be entered into between the Concessionaire and the O&M Contractor for O&M of the Project/Project Facility/Project Upgrade.
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O&M Contract means the agreement between the Seller and the O&M Contractor for the operation and maintenance of the Plant.
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O&M Contract means the Management, Operation and Maintenance Services Agreement entered into by the Project Partnership and the O&M Provider, dated March 3, 2017 in connection with the management, operation and maintenance of the Project;
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O&M Contract means the operation and maintenance contract in respect of the Toll Road between the Operator and the Developer, in the Agreed Form;
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O&M Contract means the Operations and Maintenance Contract effective July 29, 1993 between Iridium and Motorola, as amended from time to time.
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