Operator Replacement Agreement definition

Operator Replacement Agreement means the Operator Replacement Agreement dated as of October 11, 1996 among PTFI, PT-Rio Tinto Indonesia, First Trust of New York, National Association, as trustee and The Chase Manhattan Bank, as administrative agent (in its capacity as Operator Selection Representative).
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Operator Replacement Agreement means the Operator Replacement Agreement dated as of the RTZ Closing Date among FI, PT-RTZ, the Trustee and the Administrative Agent (in its capacity as Operator Selection Representative) substantially in the form attached to the AART as Exhibit D thereto, as further amended and in effect from time to time.
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Operator Replacement Agreement means the agreement dated as of the date of this Agreement between PT-FI, PT-RTZ, First Trust of New York, National Association, as trustee under the Trust Agreement and the Operator Selection Representative;
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Examples of Operator Replacement Agreement in a sentence

  • Until it is replaced as Operator in accordance with the Operator Replacement Agreement, FI shall remain responsible to the Government of the Republic of Indonesia for the conduct of all operations under the Contract of Work and for all communications with the Government of the Republic of Indonesia under the Contract of Work on behalf of itself and PT-RTZ.

  • Without the prior written consent of the Required Lenders but subject to Section 9.02(b), the Administrative Agent, the Collateral Agent, Security Agent and the JAA Security Agent will not, except as contemplated by this paragraph, consent to any modification, supplement or waiver of any Security Document and the FI Trustee will not consent to any modification, supplement or waiver of the FI Trust Agreement, the Operator Replacement Agreement, the Surat Kuasa or the Fiduciary Assignment of Accounts.

  • FI also irrevocably and unconditionally agrees that the Administrative Agent, acting as the Operator Selection Representative under the Final FI Trust Agreement, the Operator Replacement Agreement and the Surat Kuasa, shall also have the right to designate a successor Operator under the circumstances provided in Section 2(b) of the Operator Replacement Agreement.

  • PTFI has also irrevocably and unconditionally agreed that the Administrative Agent, acting as the Operator Selection Representative under the FI Trust Agreement, the Operator Replacement Agreement and the Surat Kuasa, shall also have the right to designate a successor Operator under the circumstances provided in Section 2(b) of the Operator Replacement Agreement.

  • In addition, the Operator shall be deemed to have resigned forthwith upon an Event of Resignation, as defined below and, as provided in the Operator Replacement Agreement, PT-RTZ shall, if at the time of such Event of Resignation, PT-RTZ is not the Operator and is an indirect or direct subsidiary of RTZ, have the right to become substitute Operator in succession to PT-FI with respect to the COW.

  • PTFI also irrevocably and unconditionally agrees that the Administrative Agent, acting as the Operator Selection Representative under the FI Trust Agreement, the Operator Replacement Agreement and the Surat Kuasa, shall also have the right to designate a successor Operator under the circumstances provided in Section 2(b) of the Operator Replacement Agreement.

  • PTFI also irrevocably and unconditionally agrees that the Administrative Agent, acting as the Operator Selection Representative under the FI Trust Agreement, the Operator Replacement Agreement and the Third Amended and Restated Surat Kuasa, shall also have the right to designate a successor Operator under the circumstances provided in Section 2(b) of the Operator Replacement Agreement.

  • PTFI also irrevocably and unconditionally agrees that the Administrative Agent, acting as the Operator Selection Representative under the FI Trust Agreement, the Operator Replacement Agreement and the Second Amended and Restated Surat Kuasa, shall also have the right to designate a successor Operator under the circumstances provided in Section 2(b) of the Operator Replacement Agreement.

  • In addition, the Operator shall be deemed to have resigned forthwith upon an Event of Resignation, as defined below and, as provided in the Operator Replacement Agreement, PT- RTZ shall, if at the time of such Event of Resignation, PT- RTZ is not the Operator and is an indirect or direct subsidiary of RTZ, have the right to become substitute Operator in succession to PT-FI with respect to the COW.