Operation and Management Agreement definition
Examples of Operation and Management Agreement in a sentence
The Company shall enter into a Construction, Operation and Management Agreement with Operator (the “COM Agreement”) in such form as shall be approved by the Founding Members.
Articles 6 and 31 of the Acquisition Framework Agreement and Articles 16 and 17 of the Operation and Management Agreement preliminarily set forth provisions concerning the pledge of the equity already held or to be held by the Controlling Party in Jiangsu Guanzhilin (the “Controlling Party’s Equity”).
The COM Agreement applicable to Series B shall be that certain Construction, Operation and Management Agreement, dated as of the date hereof (as amended from time to time, the “Series B COM Agreement”), by and between Series B and the Existing Operator.
Prospective investors should carefully consider the details of the Exclusive Operation and Management Agreement summarised in Section 11 of this Prospectus.
Any unexpected termination of the Exclusive Operation and Management Agreement may have a material adverse effect on the Company’s business and put Takmur’s interest in the Mandiri Project at risk.
Based on current market rates for chartering of private aircraft under long- term, priority arrangements with industry recognized chartering companies, we believe that the terms of this arrangement are no worse than what we could have expected to obtain in an arms-length transaction.Transactions with Unconsolidated Affiliates PoseidonWe provide management, administrative and pipeline operator services to Poseidon under an Operation and Management Agreement.
The MVP mainline will be operated by EQM Gathering Opco, LLC (EQM Gathering), an indirect wholly-owned subsidiary of Equitrans Midstream Corporation (ETRN), pursuant to an Amended and Restated Construction, Operation and Management Agreement, dated as of June 16, 2015, among the Company and EQM Gathering (the COM Agreement).
PoseidonWe are the operator of Poseidon and provide management, administrative and pipeline operator services to Poseidon under an Operation and Management Agreement.
If the Net Profits of Jiangsu Guanzhilin reach the Operating Profit Index as defined herein and in the Operation and Management Agreement according to the audit report for the Second Audited Year, then within 10 days after the auditor completes its audit of Jiangsu Guanzhilin for the Second Audited Year (the calendar year 2010) and delivers its audit report, the Acquirer shall make a deposit in the amount of ****** of the Acquisition Consideration (RMB ******).
This Agreement together with the Operation and Management Agreement constitute the entire agreement of the Parties relating to the matters contained herein, superseding all prior contracts or agreements, whether oral or written, relating to the matters contained herein.