Examples of Owner Agreement in a sentence
Independent System Operator/Transmission Owner Agreement (“ISO/TO Agreement”).
If the mortgaged property is owned by a true trust under which the trustees act independently, a Trustee and Beneficial Owner Agreement is not required.
For all provinces and territories: If the trustee acts on the direction of the beneficial owner(s), the trustee and the beneficial owner(s) must execute a Trustee and Beneficial Owner Agreement (Form 3946).
Landlord and Tenant acknowledge and agree that the Landlord is hereby authorized to communicate directly with the Operator in connection with the operation of the Retirement Community and in connection with certain terms and provisions set forth in the Operating Agreement, provided that Landlord shall not take any action that would solely by reason of such action cause Tenant to be in default under the Operating Agreement, the Pooling Agreement or the Owner Agreement.
During the term of the Operating Agreement, Landlord shall indemnify and hold Tenant harmless against all claims, costs and expenses (including reasonable attorneys' fees and paralegals' fees) arising from a Landlord Default under the terms and conditions of this Agreement which shall cause an Event of Default under Section 16.01 of the Operating Agreement or a breach by Landlord of its obligations under the Owner Agreement or the Pooling Agreement.