Qualified Operator definition

Qualified Operator means a Person that has at least five (5) years’ experience operating power generation and storage facilities generally similar to the Facility.

Qualified Operator means an individual responsible for the operation and maintenance of the water and air quality systems and the associated infrastructure of the aquatic facility and who has successfully completed an AHJ-recognized operator training course to operate an aquatic facility offered by an AHJ-recognized training agency and holds a current certificate for such training.

Qualified Operator means an Operator which is an Eligible Content Distributor which has annual sales in its immediately preceding three consecutive fiscal years from distribution of digital content of more than EURO 100 million, and distributes content in commercial quantities as Controlled Content and/or ECP Controlled Content.

Examples of Qualified Operator in a sentence

The merger or consolidation of Wireless Provider with another entity that is a Qualified Operator.
Equity stake or ownership interest with voting rights that the Qualified Operator shall have and maintain in the Concession Holder’s capital stock, amounting to twenty-five percent (25%) of the Concession Holder’s capital stock subscribed and paid for, during the period of time stipulated in the Contract.
In any of these cases, the sole corporate purpose of the Concession Holder shall be to develop power transmission activities in which the Qualified Operator is the holder of the Minimum Participation.
Equity stake or ownership interest with voting rights that the Qualified Operator shall have and maintain in the CONCESSIONAIRE’s capital stock, amounting to twenty-five percent (25%) of the CONCESSIONAIRE’s subscribed and paid-in capital stock during the period of time stipulated in the Contract.
It is the pre-existing legal entity or company incorporated for the purpose in which the Qualified Operator holds the Minimum Participation.

Qualified Operator means a Person who (x) for two (2) consecutive years immediately prior to the date of assignment or transfer and (y) on a proforma basis following the consummation of such assignment or transfer (all as determined by Lessor upon review of financial statements provided by the assignee prior to the proposed lease assignment and in a form reasonably satisfactory to Lessor), (A) has a CFCCR (defined below) of at least 1.50x; (B) generates EBITDA (defined below) of at least $60,000,000, and (C) has a Lease Adjusted Leverage (defined below) of no more than 6.50x; provided, however, that Lessee may satisfy the foregoing conditions of a Qualified Operator by providing, or causing to be provided, a guaranty agreement, in form and substance reasonably acceptable to and approved by Lessor, in writing, which guaranty shall be from an entity that meets the requirements of (A), (B) and (C) set forth in this Section 14.02. In the event that Lessee effects a Permitted Transfer pursuant to clause (ii), Lessee shall be released from any liability arising under this Lease from and after the date of such assignment and Guarantor shall be released from any liability arising under the Guaranty from and after the date of such assignment. In the event that Lessee effects a Permitted Transfer pursuant to clause (i), Lessee shall not be released from liability under this Lease nor shall Guarantor be released from liability under the Guaranty. For purposes hereof:

Qualified Operator means a person that directly has at least five (5) years of experience operating and maintaining solar facilities of at least an aggregate of 1000 MW.

Qualified Operator means any Person that, directly or through an affiliate, within the last 5 years, (a) is engaged in the business of procuring or transporting at least 0.5 bcf of natural gas per day and (b) has operated LNG liquefaction facilities processing not less than 4.4 mtpa of LNG.

Qualified Operator means (a) the Sponsor or an Affiliate of the Sponsor or (b) any other Person that has (or has an Affiliate that has) experience in the day to day operation of a Comparable Project (which shall be deemed to include, for the avoidance of doubt, [***] and their respective Affiliates).

Qualified Operator means any individual who is permitted by Customer to operate the Vehicle. This includes individuals identified in the Rental and Service Agreement as additional QUALIFIED OPERATOR(S). All Qualified Operators must have a valid operator’s license to operate the Vehicles and/or Equipment. By operating the Vehicle, a Qualified Operator will be deemed jointly and severally responsible for Customer’s obligations related to the Vehicle and for any obligations that the Rental and Service Agreement imposes on a Qualified Operator of the Vehicle.

Qualified Operator means (a) a Person that has at least two (2) years of operating experience with at least two (2) utility-scale solar projects of twenty (20) MW or higher, (b) any Person identified on Exhibit G or any such Person’s Affiliates, or (c) any other Person reasonably acceptable to Buyer.