Operating Company Group definition

Operating Company Group when used with reference to an Operating Company, means such Operating Company, each Investment Vehicle that owns, directly or indirectly, Equity Interests of such Operating Company and each other Operating Company Equity Interests of which are owned, directly or indirectly, by any such Investment Vehicle.
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Operating Company Group is defined in the recitals.
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Operating Company Group means the Borrower and each other Subsidiary of the Borrower other than any Immaterial Subsidiary and, for the avoidance of doubt, the term Operating Company Group shall include Puget Western, Inc.; “Operating Company Group Member” means any member of the Operating Company Group.
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Examples of Operating Company Group in a sentence

  • Any Exchange that does not result in an adjustment or adjustments under Section 743(b) of the Code, but instead results in an adjustment or adjustments pursuant to Section 734(b) of the Code, shall give rise to Basis Adjustments to the extent of adjustments to the Corporation’s share of the common basis of the assets of the Operating Company Group.

  • Except as specified on Schedule 5.14 or permitted by Section 7.09, no Operating Company Group Member has, directly or indirectly, entered into any transaction since the Signing Date or that is in effect on the Signing Date and that is otherwise permitted hereunder with or for the benefit of any Affiliate.

  • Any document delivered hereunder that is signed by an Authorized Officer of any Operating Company Group Member shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Operating Company Group Member and such Authorized Officer shall be conclusively presumed to have acted on behalf of such Operating Company Group Member.

  • Enter into any operating lease as lessee except to the extent that, after giving effect thereto, the net present value of remaining lease payments required to be made by the Operating Company Group Members under all operating leases entered into by the Operating Company Group Members on and after the Financial Closing Date would not exceed $200,000,000.

  • All insurance required to be obtained by the Operating Company Group Members pursuant to Section 6.09 has been obtained and is in full force and effect, and all premiums then due and payable on all such insurance have been paid.

  • The termination, transfer, revocation or modification of any license, leases or material contracts to which any Operating Company Group Member is a party the result of which could reasonably be expected to result in a Material Adverse Effect and such termination, transfer, revocation or modification remains in effect for a period of more than sixty (60) days after the occurrence thereof.

  • The termination, transfer, revocation or modification of any license, leases or material contracts to which any Operating Company Group Member is a party the result of which could reasonably be expected to result in a Material Adverse Effect and such termination, transfer, revocation or 91 Puget Opco Credit Agreement modification remains in effect for a period of more than sixty (60) days after the occurrence thereof.

Related to Operating Company Group

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Company Group means the Company and its Subsidiaries.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Company Group Member means each member of the Company Group.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • Affiliated Entities means any legal entity, including any corporation, limited liability company, partnership, not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock with terms substantially identical to this Agreement.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

  • Related Entities means contractors and subcontractors of a Party at any tier; grantees, investigators, customers, and users of a Party at any tier and their contractors or subcontractor at any tier; or, employees of the Party or any of the foregoing.

  • Partnership Group Member means any member of the Partnership Group.

  • Related Companies means the companies within the meaning of Article L. 225-197-2 of the French Commercial Code or any provision substituted for same.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Partnership Group means the Partnership and its Subsidiaries treated as a single consolidated entity.

  • Associated Companies : means any agent with delegated authority under Section 20 of these Terms and Conditions.

  • Regulated Entities means to include the following:

  • Partnership Entities means the General Partner and each member of the Partnership Group.

  • Subsidiary Companies means all business entities that, at the time in question, are subsidiaries of the Company, within the meaning of section 424(f) of the Code.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Operating Subsidiary means a majority-owned subsidiary of a financial