Seller Operated Assets definition

Seller Operated Assets means Assets operated by Seller.
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Seller Operated Assets shall have the meaning given that term in Section 7.07.
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Seller Operated Assets means Assets operated by Xxxxxxxx LLC or its Affiliates.
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Examples of Seller Operated Assets in a sentence

  • Seller makes no representations or warranties to Buyer as to transferability or assignability of operatorship of any Seller Operated Assets.

  • Buyer and Seller shall execute all documents necessary to transfer operations on the Seller Operated Assets to Buyer or Buyer’s designated operator.

  • Seller will keep Buyer fully and promptly advised of all activities and operations concerning the Seller Operated Assets.

  • Seller will cooperate with Buyer in arranging an orderly transition of the operatorship of the Seller Operated Assets to Buyer as of the Closing Date.

  • The Seller Operated Assets (and, to Seller’s Knowledge, the Non-Operated Assets) are in compliance with applicable Laws, Permits, rules, regulations, ordinances and orders.

  • Within five (5) days after the execution of this Agreement, Seller will provide Buyer (i) a list of all contractors and suppliers providing services or supplies in connection with the Seller Operated Assets and (ii) a complete inventory of all Equipment and other personal property owned and/or leased by Seller or its Affiliates and used in connection with the operation of the Seller Operated Assets.

  • From time to time as requested by Buyer, Seller will meet with Buyer concerning operations of the Seller Operated Assets and the steps necessary to complete an orderly transition of the operatorship of the Seller Operated Assets as of the Closing Date.

  • Except with respect to Imbalances or as set forth on Schedule 4.13, no Person has any call upon, right to purchase or to market, option to purchase or market, or similar rights with respect to any portion of the Hydrocarbons produced from the Seller Operated Assets after the Effective Time that is not terminable without penalty on less than three months’ notice.

  • Xxxxxxxx LLC’s ownership and operation of the Seller Operated Assets is in material compliance with all applicable Laws (and, to Seller’s Knowledge, the ownership and operation of the Non-Operated Assets is in material compliance with all applicable Laws).

  • The partners listed continue to provide standardized materials that can be given directly to parents and families or can be inserted into newsletters of organizations who frequently work with the targeted populations.


More Definitions of Seller Operated Assets

Seller Operated Assets means Assets operated by Seller or any of its Affiliates. “Surface Rights” is defined in Section 2.2(h).
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Seller Operated Assets shall have the meaning given that term in Section 7.07. “Special Warranty” shall have the meaning given that term in Section 4.02. “Special Warranty Notices” shall have the meaning given that term in Section 4.03.
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Seller Operated Assets means Assets operated by any Seller or its Affiliates. “Suspended Proceeds” has the meaning set forth in Section 7.6.
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Related to Seller Operated Assets

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Retained Liabilities has the meaning set forth in Section 2.4.

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Seller has the meaning set forth in the Preamble.

  • Pre-Closing Environmental Liabilities means Environmental Liabilities that arise from facts, conditions or events first existing or first occurring at, on, under or from any Station Property before the Closing Date, including Liabilities with respect to Contamination first existing or first occurring before the Closing Date at a Station Property or at a site other than a Station Property to or at which any Seller or any of their predecessors or Affiliates disposed of or arranged for the disposal of any Hazardous Materials at or prior to the Effective Time.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned, licensed or leased by such Person, including cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Retained Contracts shall have the meaning set forth in Section 1.2(i).

  • Seller Affiliate means any Affiliate of Seller.

  • Seller Use means fuel used for gas compression, LPG plants and LNG plants, other gas needed by Xxxxxx'x facilities to furnish the reqUirements of Buyers, together with unaccounted for gas. This gas shall be considered Included in Priority of Service Category 1. Other vital uses of Seller, such as flame stabilization requirements, will be met as long as such uses do not jeopardize service to its firm service Buyers.

  • Transferred Liabilities has the meaning ascribed to such term in the Separation Agreement.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;