Operational Covenants definition

Operational Covenants means the covenants relating to the operation on the Premises of a swimming pool set out in Schedule 2 The Permitted Use means a swimming pool within Class D2 of the Town and Country Planning (Use Classes) Order 1987 (as amended by the Use Classes order 2005) and ancillary facilities for users, visitors and guests and for the provision of recreational facilities or general charitable purposes for the benefit of the inhabitants of the Parish of Helmsley. The Plan means the plan annexed to this Lease.

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Operational Covenants means the covenants relating to the operation of the Premises to further the Objects of the Helmsley Recreational Charity (523358) as set out in Clauses 4(1),4(2) and 4(4) of the Scheme dated 21st December 2006 (as amended on 30th June 2020).

Operational Covenants means each of the covenants and undertakings set forth in Part 2 of Schedule 13;

Examples of Operational Covenants in a sentence

• The sublease of any Lease Vehicles permitted by this Clause 5 (Vehicle Operational Covenants) shall not release any Lessee from any obligations under this Agreement.

• The sublease of any Instalment Sale Vehicles permitted by this Clause 5 (Vehicle Operational Covenants) shall not release any Instalment Purchaser from any obligations under this Agreement.

• The undertakings in this Clause 22 (Operational Covenants) remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force.

• The Board of Directors and/or the audit committee has adopted a charter that satisfies the requirements of Section 303A.07(b) of the NYSE Listed Company Manual.

• Each Obligor shall comply with the provisions of schedule 10 (Operational Covenants).

• Design and Construction of the Contract Facility Pre-Service Commencement 14 Requirement for Public Meeting for New Build Facilities 16 Service Commencement 17 Operational Covenants 18 Regulation Service 18 Paramountcy of Safety and Law 19 Testing and Certification.

More Definitions of Operational Covenants

Operational Covenants means the Covenants set out in Clause 18 (Operational Covenants);

Operational Covenants means covenants contained in any agreement relating to indebtedness that impose requirements or limitations on (i) the operation of the business of Holdings and its Subsidiaries, including the consummation of acquisitions, investments and dispositions or (ii) the incurrence, payment or modification of obligations to third parties, including indebtedness, contingent obligations, liens and restricted payments; provided, however, Operational Covenants shall not include any interest, premium, fee or indemnification obligations, registration rights, trustee matters or securities law obligations that relate solely to the terms of such indebtedness.

Operational Covenants means the covenants at schedule 10 (Operational Covenants);

Operational Covenants mean the covenants set forth in Sections 4.1(b)(vi), (vii)(F), (viii), (x) or (xxvii) (solely with respect to the items set forth in Sections 4.1(b)(vi), (vii)(F), (viii) or (x)); provided, however, that for purposes of this definition the inclusion of clause (vii)(F) of Section 4.1(b) shall be limited to hirings to fill vacancies for which the cost is greater than the cost of the terminated Company Service Provider.

Operational Covenants means the covenants relating to the operation on the Premises of a sports and social club set out in Schedule 2 The Plan means the plan annexed to this Lease.

Operational Covenants mean the covenants set out in the 4th Schedule. ‘Premises’ means a portion of the premises leased by the Licensor such portion being the area identified as office number XXXXX on the copy of the plan annexed hereto and which Premises are more particularly defined in the First Schedule hereto. ‘Services’ mean the services set out in the 5th Schedule. ‘Surveyor’ means any person or firm appointed by or acting for the Licensor (including an employee of the Licensor or a Group Company and including the person or firm appointed by the Licensor to collect the fees and manage the Property) to perform the function of a surveyor for any purpose of this Licence. ‘Term’ means twelve (12) months from and including the 1st day of April 2006 and expiring on the 31st day of March 2007. The term shall not exceed the period of the Lease. ‘Parties’ refers to KICTANet and AeRC.