Operating Entity definition

Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.
Operating Entity any Person or any business or operating unit of a Person which is, or could be, operated separate and apart from (i) the other businesses and operations of such Person, or (ii) any other line of business or business segment.
Operating Entity means a person or company with an underlying business or with assets owned in whole or in part by an income trust for the purposes of generating cash flow;

Examples of Operating Entity in a sentence

  • Alternatively, for internal and external Flowgates, an Operating Entity may utilize an appropriate substitute Coordinated Flowgate that has similar Market Flows and tag impacts as the temporary Flowgate.

  • Interchange transactions into, out of, or across the Market-Based Operating Entity will continue to be E-tagged and available for curtailment in TLR 3, 4, or 5.

  • In this case, an Operating Entity would have to realize relief through redispatch and TLR 3.

  • Each of the Company and its Operating Entities has paid all taxes (as hereinafter defined) shown as due on such returns that were filed and has paid all taxes imposed on or assessed against the Company or such respective Operating Entity.

  • The Company’s ownership and/or control of each Operating Entity is as described in the Registration Statement, the Time of Sale Disclosure Package and the Prospectus.


More Definitions of Operating Entity

Operating Entity has the meaning set forth in Section 7.4.F.
Operating Entity means an entity established with the purpose of earning a profit in its own right;
Operating Entity means (a) any Person, (b) any business or operating unit of a Person (i) which is operated separate and apart from the other businesses and operations of such Person, or (ii) whose products and services are uniquely divisible from the products and services of such Person, or (c) any other line of business or business segment.
Operating Entity means an Affiliate of the Corporation formed for the purpose of operating and/or marketing and supporting the business of the Corporation in one or more jurisdictions in the Territory.
Operating Entity has the meaning assigned thereto in the BEP Partnership Agreement;
Operating Entity means TPG RE Finance Trust Holdco., LLC, a Delaware limited liability company, the Company’s operating entity, or any entity that becomes the Company’s operating entity.
Operating Entity means each of Aria Resort & Casino Holdings, LLC, Beau Rivage Resorts, LLC, Bellagio, LLC, Mandalay Bay, LLC, Marina District Development Company, LLC, MGM Grand Hotel, LLC, MGM Resorts Mississippi, LLC, MGM Yonkers, Inc., New Castle, LLC, New York-New York Hotel & Casino, LLC, Northfield Park Associates LLC, Park MGM, LLC, Ramparts, LLC, The Mirage Casino-Hotel, LLC and CityCenter Vdara Development, LLC, in each case, including any successor thereof.