Participation Facilities definition

Participation Facilities means any facility or property in which the Company participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

Participation Facilities means any facility in which ASBB or any of the ASBB Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such property.

Participation Facilities means any facility or property in which a Person participates in the management and, where required by the context, said term also shall mean the owner or operator of such facility or property, but only with respect to such property.

Examples of Participation Facilities in a sentence

• Each of Purchaser’s and its Subsidiaries’ properties, the Participation Facilities, and, to the Knowledge of Purchaser, the Loan Properties, are, and have been during the period of Purchaser’s or its Subsidiaries’ ownership or operation thereof, in material compliance with all Environmental Laws.

• Except as disclosed in Section 4.12(a) of the Touchstone Disclosure Memorandum, Touchstone does not have Knowledge of any material violations of Environmental Laws on properties that secure loans made by Touchstone but which are not Participation Facilities or Operating Properties or of any releases, discharges, spillages, or disposals of Hazardous Material in, on, under, adjacent to, or affecting (or potentially affecting) such properties.

• Neither it, its Participation Facilities nor its Loan Properties have received any notice of any proposal to amend, revoke, reissue or replace any Environmental Permit, nor have any events occurred (other than a change in applicable law) that could form a reasonable basis for any such action.

• It, its Participation Facilities, and its Loan Properties have filed timely and complete applications for renewal of any such Environmental Permits that are required prior to the Closing.

• There have been no releases of Hazardous Material in violation of any Environmental Law or any Hazardous Materials present on, in, on, under, or affecting any current or previously owned or leased real properties of the Company or any of its past or current Participation Facilities or Loan Properties.

More Definitions of Participation Facilities

Participation Facilities means any facility in which GSB or any of the GSB Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such property.

Participation Facilities has the meaning set forth in Section 4.14.

Participation Facilities means any facility in which Clover or any of the Clover Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such property.

Participation Facilities means any facility in which SB or any of the SB Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such property.

Participation Facilities means any facility in which SB or any of the SB Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such property. “Party” means SB or Buyer, and “Parties” means both such Persons. “Party in Interest” shall have the meaning as set forth in Section 4.15(f) of the Agreement. “PBGC” shall have the meaning as set forth in Section 4.15(b) of the Agreement. “Permit” means any federal, state, local, and foreign Governmental Authority approval, authorization, certificate, easement, filing, franchise, license, notice, permit, or right to which any Person is a party or that is or may be binding upon or inure to the benefit of any Person or its securities, Assets, or business, the absence of which or a Default under would constitute a Buyer or SB Material Adverse Effect, as the case may be. “Person” means a natural person or any legal, commercial or Governmental Authority, such as, but not limited to, a corporation, general partnership, joint venture, limited partnership, limited liability

Participation Facilities means Xxxxxx Unit No. 5 and the Xxxxxxxxxx Generating Facility.

Participation Facilities shall be defined as at Section 3.1(q)(ii) and identified on Annex 3.1(q). "Pension Plan" is an employee benefit plan subject to Title IV of ERISA and shall be defined as at Section 3.1(m)(ii).