Owner Operating Agreement definition

Owner Operating Agreement means the Operating Agreement of each Owner as listed on Schedule 1 attached hereto, as hereafter amended, restated, replaced, supplemented or otherwise modified from time to time.
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Owner Operating Agreement is defined in Section 7.3.1.
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Owner Operating Agreement means the Limited Liability Company Agreement of WWP Office, LLC, dated as of July 22, 2009, as amended by the First Amendment thereto, dated as of the date hereof, as hereafter further amended, restated, replaced, supplemented or otherwise modified from time to time.
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Examples of Owner Operating Agreement in a sentence

  • The Articles of Organization, the Subject Company Operating Agreement and the Property Owner Operating Agreement, are in full force and effect and have not been modified or supplemented, and no fact or circumstance has occurred that, by itself or with the giving of notice or the passage of time or both, would constitute a default thereunder.

  • Lender hereby consents to the Lease and to the acquisition by Investor of an interest in Lessee and the execution of the Operating Agreement and the execution of the Owner Operating Agreement, and the ancillary transaction documents related thereto and ▇▇▇▇▇▇ agrees that the execution and delivery thereof by Owner and/or Lessee, as the case may be, shall not constitute a default under the Loan Documents.

  • The sole business of such Issuer Party is as set forth in the Issuer Operating Agreement or Property Owner Operating Agreement, as applicable.

  • With respect to the “Management Participation Interest” (as such term is defined in the Limited Liability Company Agreement of the Owner (the “Owner Operating Agreement”)) of Black Ridge, the effect of any termination of this Agreement on such Management Participation Interest will be as set forth in the Owner Operating Agreement.

  • By execution of this Agreement, the parties hereby agree that the Lease and the Owner Operating Agreement shall govern the procedure for handling condemnation and casualty proceeds as between Owner and ▇▇▇▇▇▇.

  • The Articles of Organization, the LLC Operating Agreement and the Property Owner Operating Agreement, are in full force and effect and have not been modified or supplemented, and no fact or circumstance has occurred that, by itself or with the giving of notice or the passage of time or both, would constitute a default thereunder.

  • If at the end of the 35 days the Auction Agent fails to calculate or provide the Auction Rate, or there is not at the time a duly appointed and acting Auction Agent or Broker-Dealer, the Auction Period Rate shall be the Maximum Rate.

  • Contemporaneously with the Closing and in the order required pursuant to SECTION 1.6(b) of this Agreement, the Reconstituted New GP shall execute on its behalf, as attorney-in-fact for the Limited Partners and as the duly authorized general partner of the Reconstituted Partnership, the Restated Mezzanine LLC Operating Agreement, the Fee Owner Operating Agreement and the Tax Protection Agreement.