Examples of Operating LLCs in a sentence
This estimate is based upon assumptions Kimbell has made regarding, among other things, Kimbell Royalty Operating, LLC's income and depletion deductions and production from the mineral and royalty interests owned by Kimbell Royalty Operating, LLC.
The Base Amount shall be paid by Operating LLC and shall be payable in regular installments in accordance with Operating LLC's general payroll practices and shall be subject to customary withholding.
LLC appoints and employs NEG as its agent to manage and operate the Operating LLC's oil and gas assets wherever found and howsoever constituted ("Managed Properties").
All revenues generated at the Managed Properties shall be the sole property of Operating LLC and all such revenues shall be accounted for and deposited by NEG into Operating LLC's designated bank accounts.
Each of Terra Operating LLC's existing and subsequently acquired or organized domestic restricted subsidiaries (excluding non-recourse subsidiaries) and Terra LLC are or will become guarantors under the New Revolver.
It is also mutually agreed and understood that, as a structural matter, the Operating LLC will be the single member of four (4) additional LLCs, which will own, respectively, all of the Properties in each of the cities of Atlanta, Raleigh, Orlando and Tampa, so that the first offer and buy-sell provisions of the Operating LLC's operating agreement can be exercised on a city-by-city basis for all of the membership interests of each single-member LLC so formed.
Calumet, the General Partner, the OLP GP, the Operating Company, the Operating LLCs and Reseller.
This estimate is based upon assumptions Kimbell has made regarding, among other things, Kimbell Royalty Operating, LLC's income and depletion expenses and production from the mineral and royalty interests Kimbell acquired in the acquisition of Springbok Energy Partners, LLC and Springbok Energy Partners II, LLC (the "Springbok acquisition"), which closed on April 17, 2020, and ignores the effect of any possible acquisitions of additional assets (other than the Springbok acquisition).
The 2032 Senior Notes are unsecured obligations of Clearway Energy Operating LLC and are guaranteed by Clearway Energy LLC and by certain of Clearway Energy Operating LLC's wholly owned current and future subsidiaries.
Notwithstanding the provisions of Section 1.1 --------------- hereof, the Assets to be transferred to Purchaser pursuant to this Agreement shall not include the assets listed on Schedule 1.2 hereto (which shall include ------------ all of the assets of those certain Operating LLCs that are not among the Purchased LLCs) (the "Excluded Assets").