Contract Operating Agreement Sample Clauses

Contract Operating Agreement. Borrower will not amend, ------------------------------ restate, modify or waive any material provision of the Contract Operating Agreement without the consent of the Lenders. In addition, Borrower will not forgive any Debt outstanding under the Promissory Note dated January 29, 2004 made by Operator in favor of Borrower or modify any of the terms of such Promissory Note without the prior written consent of Lenders.
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Contract Operating Agreement. Manager shall, for so long as the Contract Operating Agreement is in effect, cause CCOC to not incur, directly or on behalf of Owner or its subsidiaries, any costs or expenses for any third party services, except to the extent consistent with the Budget and any variances from the Budget expressly permitted by the LLC Agreement.
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Contract Operating Agreement. Manager shall, for so long as the Contract Operating Agreement is in effect, cause Nytis to not incur, directly or on behalf of Owner or its subsidiaries, any costs or expenses for any third party services, except to the extent consistent with the Budget and any variances from the Budget expressly permitted by the LLC Agreement.
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Contract Operating Agreement. An executed counterpart of the Contract Operating Agreement.
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Contract Operating Agreement. Concurrently with the execution and delivery of this Agreement, Wapiti, in its capacity as operator under certain Applicable Operating Agreements, and Gasco shall enter into a Contract Operating Agreement (the “Contract Operating Agreement”) attached as an Exhibit to the Purchase Agreement, whereby Gasco shall be named the contract operator in accordance with the terms thereof with respect to any Subject Interests covered by any Applicable Operating Agreement under which Wapiti is named operator.
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Contract Operating Agreement. Borrower will not amend, restate, modify or waive any material provision of the Contract Operating Agreement without the consent of the Lenders. 48
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Related to Contract Operating Agreement

  • Joint Operating Agreement (JOA) Within six (6) months from the Effective Date, the Participants shall enter into the Joint Operating Agreement which shall embody the principles stipulated in this JOA Heads of Agreement and it may include such other provisions as customarily used by international petroleum industry and shall continue in effect as long as the Contract is in effect. (End of Addendum One)

  • Operating Agreement You haves received and read a copy of the Company’s Operating Agreement (the “Operating Agreement”) and agree that your execution of this Agreement constitutes your consent to and execution of the Operating Agreement, and, that upon acceptance of this Agreement by the Company, you will become a member of the Company as a holder of Shares. When this Agreement is countersigned by the Company, the Operating Agreement shall be binding upon you as of the closing date.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Marketing Agreement The Company shall have entered into, ------------------- executed and delivered the Marketing Agreement.

  • Governing Agreement The Assigned Transaction and the Confirmation shall form a part of, and be subject to, the ISDA Master Agreement dated as of September 29, 2006, as amended or supplemented from time to time (the "New Master Agreement"), between Assignee and Remaining Party. The Confirmation shall form a part of, and be subject to, the New Master Agreement.

  • Operating Agreements The Partnership has performed all of its obligations under each of the Operating Agreements and no fact or circumstance has occurred which, by itself or with the passage of time or the giving of notice or both, would constitute a material default under any of the Operating Agreements. The Partnership shall not enter into any new management agreement, maintenance or repair contract, supply contract, lease in which it is lessee or other agreements with respect to the Property, nor shall the Partnership enter into any agreements modifying the Operating Agreements, unless (a) any such agreement or modification will not bind the Acquiror or the Property after the date of Closing or (b) the Contributors have obtained the Acquiror's prior written consent to such agreement or modification, which consent shall not be unreasonably withheld or delayed.

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • The Management Agreement Borrower shall use commercially reasonable efforts to cause Manager to manage the Property in accordance with the Management Agreement. Borrower shall (a) diligently perform and observe all of the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed and observed, (b) promptly notify Agent of any notice to Borrower or Manager of any default by Borrower in the performance or observance of any material terms, covenants or conditions of the Management Agreement on the part of Borrower to be performed and observed, and (c) promptly deliver to Agent a copy of all material notices received by it (including, without limitation, any notices relating to the Ground Lease, the Reciprocal Easement and any Joint Manager (as defined in the Reciprocal Easement Agreement) and, upon request by Agent, any other financial statement, business plan, capital expenditures plan, report and estimate received by it under the Management Agreement (but excluding any immaterial general correspondence and internal discussion drafts of any such plans, reports or estimates); and (iv) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by Manager under the Management Agreement. If Borrower shall default in the performance or observance of any material term, covenant or condition of the Management Agreement on the part of Borrower to be performed or observed, then, without limiting Agent’s other rights or remedies under this Agreement or the other Loan Documents, and without waiving or releasing Borrower from any of its obligations hereunder or under the Management Agreement, Agent shall have the right, but shall be under no obligation, to pay any sums and to perform any act as may be appropriate to cause all the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed or observed.

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