Owner LLC Agreement definition

Owner LLC Agreement has the meaning ascribed to such term in the recitals to this Agreement.

Examples of Owner LLC Agreement in a sentence

  • Through the Closing, any Property Contracts to which Property Owner is a party shall be managed in accordance with the Property Owner LLC Agreement.

  • During the period of time from the Effective Date through Closing, the Property Owner shall be managed in the ordinary course consistent with past practices and in a manner in accordance with the terms of the Property Owner LLC Agreement and as contemplated by this Contract.

  • Subject to the Parties’ respective early termination rights under this Agreement, the term of this Agreement begins on the Effective Date and ends upon the earliest to occur of (a) the liquidation of Owner in accordance with Owner LLC Agreement, (b) the mutual written agreement of the Parties, or (c) December 31, 2099 (the “Term”).

  • During the period of time from the Effective Date through Closing, the Property shall be operated by the Property Owner in the ordinary course of business consistent with past practices and in accordance with the terms of the Property Owner LLC Agreement.

  • Each Holder’s interest, rights and obligations with respect to such REO Property as set forth in the SPE Owner LLC Agreement are herein referred to, individually or collectively as the context may require, as “REO Interest(s)”.

  • Each Party acknowledges and agrees that the provisions of Section 2.8 of the Owner LLC Agreement shall apply to each Party and its Affiliates and is hereby incorporated in this Agreement mutatis mutandis.

  • This Agreement, the instruments to be delivered hereunder and the Owner LLC Agreement constitute the entire agreement among the Parties with respect to the subject matter hereof and supersede all prior agreements and understandings, both written and oral, among the Parties with respect to the subject matter hereof.

  • Operator shall perform all Services within the financial limits set forth in the Operating Budget; provided, however, that, as permitted by the Owner LLC Agreement and in accordance with this Agreement, without the prior written approval of Owner, Operator shall be permitted to incur Permitted Overruns.

  • The Parties agree that this Agreement reflects and effectuates the agreements made by the Owner’s Members, as set forth in the Owner LLC Agreement, relating to the allocation of risk and costs in connection with the possession and/or ownership of the Plant Facilities and is not a “Construction Contract” as that term is defined in La.

  • MM LLC and Third Avenue LLC own an interest in Property Owner as described in the Property Owner LLC Agreement.


More Definitions of Owner LLC Agreement

Owner LLC Agreement and “Owner LLC Agreements” each have the meaning set forth in the Recitals.
Owner LLC Agreement means that certain Amended and Restated Limited Liability Company Agreement of Owner dated as of the Effective Date, by and between Equistar Member and Sasol Member.

Related to Owner LLC Agreement

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • LLC Agreement has the meaning set forth in the recitals.

  • Original LLC Agreement has the meaning set forth in the recitals to this Agreement.

  • Borrower LLC Agreement means the limited liability company agreement of the Borrower, dated on or about the Closing Date, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

  • Company LLC Agreement means the Limited Liability Company Agreement of the Company, dated as of October 23, 2006, as amended or restated from time to time.

  • Initial LLC Agreement has the meaning set forth in the recitals to this Agreement.

  • Operating Partnership Agreement means the Amended and Restated Partnership Agreement of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • JV Agreement has the meaning set forth in the Recitals.

  • Holdings LLC Agreement means the Third Amended and Restated Limited Liability Company Agreement of Holdings, dated on or about the date hereof, as such agreement may be amended from time to time.

  • Partnership Agreements means, collectively, all of the Partnership Agreements.

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

  • Membership Agreement means these terms and conditions (as amended from time to time in accordance with clause 2.2 and any relevant laws or regulations) taken together with your Membership Form.

  • Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership dated as of , 2011, as the same may be amended, modified or restated from time to time.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • Dealership Agreement means an oral or written agreement, either express or implied, between a supplier and a dealer which provides that the dealer is granted the right to sell, distribute, or service the supplier’s equipment, regardless of whether the equipment carries a trade name, trademark, service mark, logotype, advertisement, or other commercial symbol, and which provides evidence of a continuing commercial relationship between the supplier and the dealer.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Pledged Partnership Agreements means all of each Grantor’s rights, powers, and remedies under the partnership agreements of each of the Pledged Companies that are partnerships.

  • MLP Agreement means the First Amended and Restated Agreement of Limited Partnership of the MLP, as it may be amended, restated, supplemented or otherwise modified from time to time.

  • Omnibus Agreement means that certain Omnibus Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Company and certain other parties thereto, as such may be amended, supplemented or restated from time to time.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Seller's Agreement An agreement for the origination and sale of Mortgage Loans generally in the form of the Seller Contract referred to or contained in the Program Guide, or in such other form as has been approved by the Master Servicer and the Company, each containing representations and warranties in respect of one or more Mortgage Loans consistent in all material respects with those set forth in the Program Guide.

  • Contribution Agreement means that certain Contribution and Conveyance Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Partnership and certain other parties, together with the additional conveyance documents and instruments contemplated or referenced thereunder, as such may be amended, supplemented or restated from time to time.