OpCo definition

OpCo has the meaning set forth in the Preamble.

OpCo has the meaning set forth in the Recitals.

OpCo has the meaning set forth in the introductory paragraph of this Agreement.

Examples of OpCo in a sentence

• Parent and Borrower (i) collectively directly owned 100% of the Collateral Units and Collateral B Shares immediately prior to the Transactions, (ii) acquired such Collateral Units and Collateral B Shares directly from Opco and Pubco, respectively and (iii) contributed such Collateral Units and Collateral B Shares to Borrower.

• Borrower shall comply with the requirements of all applicable Laws, all orders, writs, injunctions and decrees applicable to it or its property, its Organization Documents, the Organization Documents of Pubco and Opco and any Transfer Restriction applicable to the Collateral Equity.

• Borrower hereby acknowledges and agrees that Lxxxxxx and/or their Affiliates from time to time may hold investments in, make loans to or have other relationships with Pubco, Opco or their Affiliates.

• Calculation Agent shall provide such notices to each Applicable Lender, Borrower, Pubco and Opco, as contemplated by Section 2(b) of each Security Agreement and by each Issuer Agreement, as may be appropriate from time to time to ensure that the Collateral Units and Collateral B Shares are pledged on a Pro Rata Basis among the Applicable Lenders.

• Borrower shall not, and shall cause Parent and its other Affiliates (excluding Pubco, Opco and their respective Subsidiaries for this purpose) not to, directly or indirectly, grant, or suffer to exist, any Lien on any Shares or Units that do not constitute Collateral to secure any obligation of Borrower, Parent or any Affiliate (excluding Pubco, Opco and their respective Subsidiaries for this purpose) thereof, except pursuant to the Margin Loan Documentation.

More Definitions of OpCo

OpCo shall have the meaning given in the Recitals hereto.

OpCo has the meaning set forth in the Recitals of this Agreement.

OpCo has the meaning set forth in the preamble to this Agreement.

OpCo means Noble Midstream Services, LLC, together with its permitted successors and assigns.

OpCo means Tesoro Logistics Operations LLC, a Delaware limited liability company.

OpCo has the meaning given to such term in the preamble.

OpCo means Reorganized CEOC and any successors thereto pursuant to the CEOC Merger, a corporation or limited liability company organized under the laws of Delaware, which on and after the Effective Date will hold, directly or indirectly, all of the Debtors’ assets other than the assets to be owned by the REIT and its subsidiaries (including PropCo and the TRS(s)) or to be distributed to Holders of Claims under the Plan.