Operating History definition

Operating History. With respect to any specified Person, the time since the date of such Person’s incorporation or formation that it has continuously operated its business; provided, however, the Operating History of any Person, newly formed as a result of a merger of two or more Persons or as a result of the acquisition of one or more Persons by a newly formed Person (“Merged Parties”) shall be based on the weighted average (by relative sales) of the Operating Histories of the Merged Parties (excluding for such purposes, entities that are created only for the purpose of being acquisition entities), for example, if Corporation A with sales of $10 million has an Operating History of four years and Corporation B with sales of $20 million has an Operating History of eight years, merge to form NEWCO, the Operating History of NEWCO will be 6.67 years.
Operating History means a report, written evaluation, publication, or other documentation regarding:
Operating History means a report, written evaluation, publication, or other

Examples of Operating History in a sentence

  • No Operating History and Availability of Financial Resources The Company does not have an operating history and has no operating revenues and is unlikely to generate any significant amount in the foreseeable future.

  • We Have No Operating History and Limited Capitalization We were organized in September 2016 for the purpose of engaging in the activities set forth in this offering circular.

  • Risks and Uncertainties, continued No Operating History and Availability of Financial Resources The Company does not have an operating history and has no operating revenues and is unlikely to generate any significant amount in the foreseeable future.

  • Limited Operating History Although persons involved in the management of the Fund and the service providers to the Fund have had long experience in their respective fields of specialization, the Fund has a limited operating and performing history upon which prospective investors can evaluate the Fund's performance.

  • Lack of Operating History Each new Sub-fund is a sub-fund of the Company which is a newly incorporated entity and has no operating history.

  • Operating History and Illiquidity of Units The Fund is an investment trust formed on December 31, 2009.

  • The most significant risks and uncertainties faced by the Company are (in no specific order) are: Limited Operating History The Company has limited operating history as a technology investment company, and no operating history in making investments in the cryptocurrency or blockchain industries.

  • Operating History and Availability of Financial Resources The Company has no operating revenues and is unlikely to generate any significant amount in the foreseeable future.

  • The Company Has No Material Operating History The Company has no material operating history, which makes it difficult for prospective shareholders to evaluate the Company’s prospects for success.

  • Operating History: The past investment performance of the Reference Fund may not be construed as an indication of the future results of an investment in the Reference Fund.


More Definitions of Operating History

Operating History means with respect to any specified person, the time since the date of such person's incorporation or formation that it has continuously operated its business; PROVIDED, HOWEVER, the Operating History of any person, newly formed as a result of a merger of two or more persons or as a result of the acquisition of one or more persons by a newly formed person ("MERGED PARTIES") shall be based on the weighted average (by relative sales) of the Operating Histories of the Merged Parties (excluding for such purposes, entities that are created only for the purpose of being acquisition entities), FOR EXAMPLE, if Corporation A with sales of $10 million has an Operating History of four years and Corporation B with sales of $20 million has an Operating History of eight years, merge to form NEWCO, the Operating History of NEWCO will be 6.67 years.
Operating History. Interbolsa began activities in 1991 but was not legally constituted until April 1993. This association was established to run the central securities depository (Central de Valores Mobiliarios), run the nationwide clearing and settlement system, and run the nationwide trading system (TRADIS).

Related to Operating History

  • operating site means a site, other than an aerodrome, selected by the operator or pilot-in-command or commander for landing, take-off and/or external load operations;

  • Operating Area means those areas on-shore in India in which company or its affiliated company may from time to time be entitled to execute such services/operations.

  • Operating or "Operation" means to provide (or the provision of) all the operation, engineering, purchasing, repair, supervision, training, inspection, testing, protection, use, management, improvement, replacement, refurbishment, retirement, and maintenance activities associated with operating the Generating Facility in accordance with Prudent Electrical Practices.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

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

  • Historic building means a building, including its structural components, that is located in this state and that is either individually listed on the national register of historic places under 16 U.S.C. 470a, located in a registered historic district, and certified by the state historic preservation officer as being of historic significance to the district, or is individually listed as an historic landmark designated by a local government certified under 16 U.S.C. 470a(c).

  • Unit operating hour or "hour of unit operation" means an hour in which a unit combusts any fuel.

  • Operating pressure means the pressure at which the parts of an irrigation system are designed by the manufacturer to operate.

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • Operating Hours means the hours listed in an early learning program parent handbook when the program is open and providing care and services to children.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Farm operation means any activity conducted solely or primarily for the production of one or more agricultural products or commodities, including timber, for sale or home use, and customarily producing such products or commodities in sufficient quantity to be capable of contributing materially to the operator's support.

  • Core means a pedestrian-oriented area of commercial and civic uses serving the surrounding municipality, generally including housing and access to public transportation.

  • Transient guest means a natural person staying less than 30 consecutive days.

  • Green infrastructure means a stormwater management measure that manages stormwater close to its source by:

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • School operating purposes means the purposes included in the operation costs of the district as prescribed in sections 7 and 18 and purposes authorized under section 1211 of the revised school code, MCL 380.1211.

  • Operating System refers to the software that manages Hardware for Programs and other software.

  • Green building strategies means those strategies that minimize the impact of development on the environment, and enhance the health, safety and well-being of residents by producing durable, low-maintenance, resource-efficient housing while making optimum use of existing infrastructure and community services.

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • The Works/Project means the works to be executed or done under this contract.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • NBOME means the National Board of Osteopathic Medical Examiners, an organization that prepares and administers qualifying examinations for osteopathic physicians.

  • Fire alarm system means a system designed to detect and annunciate the presence of fire, or by-products of fire. Fire alarm system includes smoke detectors.

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).