OPERATING AGREEMENT PAYMENTS Sample Clauses

OPERATING AGREEMENT PAYMENTS. All payments due or made under any Operating Agreements that Purchaser has agreed to assume in writing shall be prorated on a per diem basis as of the Closing Date.
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OPERATING AGREEMENT PAYMENTS. (a) Simultaneous with the execution of this Agreement, MGI shall pay to PHP, by wire transfer of same day funds to a bank account designated by PHP, an amount in cash equal to $7,140,218, which represents certain payments due under the Operating Agreement as set forth on the invoice dated December 1, 1996 (excluding incentive payments). Neither the payment made by MGI pursuant to the immediately preceding sentence, nor the acceptance of such payment by PHP, shall constitute a waiver by either party of any claims that such party has or may have, it being understood that such payment and acceptance are being made with a full reservation of rights.
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OPERATING AGREEMENT PAYMENTS. 17 Section 5.1. OPERATING AGREEMENT PAYMENTS . . . . . . . . . . . . . . 17 Section 5.2. FAIR VALUE . . . . . . . . . . . . . . . . . . . . . . . 18 Section 5.3.
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OPERATING AGREEMENT PAYMENTS. (a) The District hereby agrees to pay to the Corporation, its successors and assigns, the following (which are referred to herein as "Operating Agreement Payments"): (i) all Operations and Maintenance Expenses to the extent not paid from Revenue, and (ii) any deficiencies of Revenue required to pay obligations secured by the Deed of Trust, each within the limitations specified in the questions voted upon by the electors of the District on November 7, 1995. Operating Agreement Payments shall be due and payable within thirty (30) days after receipt of amounts collected therefor from the mill levy imposed by the District pursuant to paragraph (c) below. The District hereby acknowledges that the payments made under the Development Agreement shall constitute payments in lieu of taxes imposed because of the limitations described in paragraph (d) below, and the District approves the Development Agreement and consents to the release thereof to the extent of the imposition of the mill levy as described in paragraph (d) below.
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Related to OPERATING AGREEMENT PAYMENTS

  • Distribution Agreements Subject to compliance with applicable provisions of the 1940 Act, the Board of Trustees may enter into a contract or contracts with one or more Persons to act as underwriters and/or placement agents whereby the Trust may either agree to sell Shares of the Trust, any Series or Class to the other party or parties to the contract or appoint such other party or parties its sales agent or agents for such Shares. In either case, the contract shall be on such terms and conditions as the Board of Trustees may in its discretion determine, not inconsistent with the provisions of this Section 5.12 or the By-laws; and such contract may also provide for the repurchase or sale of Shares of the Trust, any Series or Class by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with Persons who are not registered securities dealers to further the purposes of the distribution or repurchase of such Shares.

  • Operating Agreement The Borrower will not amend, modify, waive or terminate any provision of its operating agreement without the prior written consent of the Administrative Agent.

  • Post Closing Agreements From and after the Closing, the parties shall have the respective rights and obligations which are set forth in the remainder of this Article VI.

  • Post-Closing Agreement Administrative Agent shall have received an executed and delivered post-closing agreement (the “Post-Closing Agreement”) with respect to certain post-closing undertakings by the Credit Parties.

  • Contribution Agreement The Agent shall have received an executed counterpart of the Contribution Agreement.

  • 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.

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Tax Agreement It will give notice of any failure of a representation made by it under Section 3(f) to be accurate and true promptly upon learning of such failure.

  • Tax Agreements The Company is not a party to or bound by any tax sharing agreement, tax indemnity obligation or similar agreement with respect to Taxes, including any advance pricing agreement, closing agreement or other agreement relating to Taxes with any taxing authority.

  • Acquisition Agreements If the Equipment is subject to any Acquisition Agreement, Lessee, as part of this lease, transfers and assigns to Lessor all of its rights, but none of its obligations (except for Lessee's obligation to pay for the Equipment conditioned upon Lessee's acceptance in accordance with Paragraph 6), in and to the Acquisition Agreement, including but not limited to the right to take title to the Equipment. Lessee shall indemnify and hold Lessor harmless in accordance with Paragraph 19 from any liability resulting from any Acquisition Agreement as well as liabilities resulting from any Acquisition Agreement Lessor is required to enter into on behalf of Lessee or with Lessee for purposes of this lease.

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