Operating Logs definition

Operating Logs means the daily operating logs showing the production from the Facility and the Field.
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Operating Logs shall have the meaning set forth in Section 4.02 of the Amended and Restated Lease.
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Operating Logs shall have the meaning set forth in Section 4.02 of the Amended and Restated Lease. "Operator" shall mean U.S. Operating Services Company, a California general partnership, in its status as the operator of the Facility, and any successor operator. "Part" shall mean any part, appliance, instrument, appurtenance, accessory, furnishing or other property of any nature necessary or useful to the operation, maintenance, service or repair of the Facility, including any Alteration. "Partial Event of Eminent Domain" shall have the meaning ascribed thereto in Section 13.03 of the Amended and Restated Reimbursement Agreement. "Participants" shall mean, collectively, Lessee, Lessor, the Bond Trustee, the Disbursement Agent, Agent, the LOC Issuers and EPC (but only in any period during which EPC is obligated under Section 9.1 of the Amended and Restated Participation Agreement), and reference to a Participant shall be to any one of the Participants. 16
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Examples of Operating Logs in a sentence

  • Such operating data shall include, without limitation, the Operating Logs and Maintenance Reports.

  • Operator shall prepare and -------------------------- maintain the Operating Logs and Maintenance Reports.

  • Operating Logs: Records and Audits....................8 Section 6.02 .

  • The Borrower shall not dispose of or destroy any of the Operating Logs, the Maintenance Logs or the Regulatory Records for a period of three years after their respective dates without the prior written consent of the Administrative Agent.

  • At the end of the Lease Term, Lessee shall deliver all Operating Logs, Maintenance Reports and Regulatory Records in its possession to Lessor.

  • The Borrower shall ensure at all times that the Operating Logs, the Maintenance Logs and the Regulatory Records are complete and accurate in all material respects and shall make the Operating Logs, the Maintenance Logs and the Regulatory Records available for inspection by any Agent, any Lender or any of their respective representatives (including the Independent Engineer).

  • Such Operating Logs, ------- Maintenance Reports and Regulatory Records shall be kept on file at the Facility and shall be made available to Lessor, Agent, the LOC Issuers and the Banks, or the representatives of any of them upon request.

  • If requested by Lessor prior to the end of a calendar year, Lessee shall furnish Lessor, within 30 days after the end of such calendar year, at Lessor's expense, a complete copy of the Operating Logs, Maintenance Reports and Regulatory Records for such calendar year.

  • Operating Logs; Books and Accounts............................13 SECTION 4.03.

  • Any such Operating Logs, Maintenance Reports or Regulatory Records which Lessee is not required to maintain pursuant to the foregoing provisions and which Lessee plans to destroy shall be offered for delivery to Lessor before being destroyed by Lessee.


More Definitions of Operating Logs

Operating Logs is defined in Section 8.1.9.
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Related to Operating Logs

  • 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 Lease Expense means the sum of all payments and expenses incurred by Lessee and the other Lessee Entities, collectively, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Operating Loss means a negative Operating Profit.

  • Net operating loss means a loss incurred by a person in the operation of a trade or business. "Net operating loss" does not include unutilized losses resulting from basis limitations, at-risk limitations, or passive activity loss limitations.