Operating Control definition

Operating Control means direct or indirect control of, or the ability or right to control or vote (directly or indirectly) a majority of the voting securities of Borrower.

Operating Control means a mechanism regulating or guiding the operation of equipment that ensures a specific operating mode.

Operating Control means the authority to perform, direct or authorize the operation of all devices under its control. Operating control is not synonymous with ownership. Operating Control is not synonymous with the actual execution of any switching operations.

Examples of Operating Control in a sentence

• Visual Indicators at Airports Without an Operating Control Tower .

• Traffic Advisory Practices at Airports Without Operating Control Towers.

• Airport Advisory Service (AAS) is provided on the CTAF by FSS’s for select non–tower airports or airports where the tower is not in operation.(See AIM, Para 4–1–9 Traffic Advisory Practices at Airports Without Operating Control Towers or AC 90–42C.)Aviation weather briefing service is provided by FSS specialists.

• Communications Release of IFR Aircraft Landing at an Airport Withoutan Operating Control Tower .

• When operating in the vicinity of an airport without an operating control tower, announce your operations in accordance with the FAA Aeronautical Information Manual (AIM) 4-1-9 Traffic Advisory Practices at Airports without Operating Control Towers.

More Definitions of Operating Control

Operating Control means control sufficient to allow consolidation of the controlled Person in accordance with GAAP."

Operating Control. A constant pressure pendant is provided on a hand-held control. Pendant must be toggled to move the lift. The lift stops any time the pendant is released. The lift automatically stops at the ends of the track.

Operating Control is defined as the exclusive authority to perform, direct, or authorize the operation of specific devices. Assignment of Operating Control is based with ORPC Administration.

Operating Control means the right to direct the use and operation of the device for the purpose of providing isolation for work protection, but will not imply ownership for repair or maintenance purposes.

Operating Control is that control exercised by the Controlling Authority. Operating Control is NOT synonymous with ownership.

Operating Control means the power (whether by way of ownership of shares, ability to appoint or remove directors, board (supervisory or management) members or control the appointment or removal of directors, board (supervisory or management) members, contractual arrangement or otherwise) to give directions with respect to the operating and financial policies of the relevant company with which the directors, board (supervisory or management) members or other equivalent officers of the relevant company are obliged to comply; and

Operating Control means the chairman and chief executive officer of the Company immediately prior to the Change of Control remains as chairman and chief executive officer of the surviving entity after the Change of Control and maintains the same duties and responsibilities after the Change of Control.