Existing Operator definition

Existing Operator means EQM Gathering Opco, LLC, a Delaware limited liability company, or any successor thereto.

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Existing Operator means an Existing Operator (Mobile) or an Existing Operator (Other);

Existing Operator has any obligations or makes any covenants, representations or warranties under this Agreement, the same shall be made jointly and severally by all entities being an Existing Operator hereunder.

Examples of Existing Operator in a sentence

• Existing Operator shall have terminated all Hired Employees as of the Closing Date.

• The aggregate cost of all Hired Employee Closing-Month Insurance Benefits shall be prorated between Buyer and Existing Operator based on the day of such month that the Closing occurs.

• With respect to all Hired Employees, Existing Operator shall maintain the Hired Employee Closing Month-Insurance Benefits, and the cost thereof shall be prorated in accordance with Section 6.8.1(f) hereof.

• Further, except for “Accrued Employee Benefits” (as hereinafter defined), there shall be no other adjustment for wages, vacation pay, pension and welfare benefits and other fringe benefits of all persons employed by Existing Operator at the Community; it being the intent of the parties that Buyer shall have no liability or obligation with respect to any employee of Existing Operator prior to Closing.

• Existing Owner and Existing Operator, as applicable, have good title to all the Personal Property and Intangible Property and the execution and delivery to Buyer of the ▇▇▇▇ of Sale shall vest good title to all of the Personal Property and Intangible Property in Buyer, free and clear of liens, encumbrances and adverse claims.

• If requested by Buyer, Existing Operator shall fund the cost of benefits to those Community Employees to whom Buyer offers employment in accordance with this Agreement and who accept such offer of employment (“Hired Employees”) for the entire calendar month in which the Closing occurs (collectively, the “Hired Employee Closing-Month Insurance Benefits”).

• There is no labor strike, slowdown, work stoppage, disputes, walkouts, material grievance or lockout actually pending or, to the knowledge of Seller, threatened against Existing Owner or Existing Operator.

• Except as otherwise disclosed to Buyer in writing, Existing Owner and/or Existing Operator hold all government authorizations necessary for the operation of the Property in accordance with its current uses.

• Any Accrued Employee Benefits shall be paid to Buyer as a credit; provided, however, that to the extent that the transfer of any portion of such Accrued Employee Benefits from Existing Operator to Buyer or its property manager requires a consent by the applicable Hired Employee, and such consent is not obtained, Existing Operator shall pay to such Hired Employee the applicable Accrued Employee Benefits that are required by Law to be paid to such Hired Employee.

• Neither Existing Owner nor Existing Operator maintains a seller’s permit issued by the California State Board of Equalization.

More Definitions of Existing Operator

Existing Operator s Knowledge” shall mean any fact or matter that is known or should have been known by Existing Operator or Existing Operator’s officers or directors without due inquiry.

Existing Operator means Falls Management Group, L.P., an Ontario limited partnership, acting through its general partner, the Existing General Partner.

Existing Operator means Vodosnabdajavne i Kanalizatsia ЕA.D a company formed in accordance with the provisions of the Commerce Act (S.G. No: 48/18.06.1991);

Existing Operator means a person who carried on consumer credit business, or an activity that would have been consumer credit business if not for paragraph 6, at any time during the 12 months immediately before commencement;

Existing Operator means a rail services operator granted access rights under an Existing Access Agreement.