Interim Permit Operating Agreement definition

Interim Permit Operating Agreement means the Interim Permit Operating Agreement to be entered into by and between the Sellers and the Purchaser, providing for the continued operation of the Purchased Assets after the Closing by the Purchaser under the Sellers’ Licenses and at the sole cost and expense of Purchaser, and which shall be acceptable in form and substance to the Purchaser in its sole discretion.
Sample 1

Examples of Interim Permit Operating Agreement in a sentence

  • Among other things, the Debtors and the Purchaser made certain revisions to the form of Asset Purchase Agreement that had been attached to the Sale Order and finalized the terms of the Transition Services Agreement and the Interim Permit Operating Agreement (each as defined in the Asset Purchase Agreement) that the Debtors believe were not material in nature.

  • The Debtors have no reason to believe that the Purchaser will not honor its commitment to compensate and reimburse the Estates in full in accordance with the terms of the Transition Services Agreement, the Interim Permit Operating Agreement or other Transaction Documents, as applicable.

  • Since the closing of the Sale Transaction, the Debtors and the Purchaser have continued performing under the Transition Services Agreement and the Interim Permit Operating Agreement in accordance with their respective terms.

  • The Hirer shall ensure that no liquor is sold or consumed at the Facility.

Related to Interim Permit Operating Agreement

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Interconnection Agreement means the Agreement between the Parties entitled “Interconnection Agreement Under §§251 and 252 of the Telecommunications Act of 1996,” dated July 16, 1996.