Successor Operator definition

Successor Operator means a Train Operator succeeding or intended by the Secretary of State to succeed (and whose identity is notified to the Franchisee by the Secretary of State) the Franchisee in the provision or operation of all or any of the Franchise Services including, where the context so admits, the Franchisee where it is to continue to provide or operate the Franchise Services following termination of the Franchise Agreement;
Successor Operator means the Corporation and any Person appointed by the Corporation to become the Operator of the Facilities and/or System following the Termination Date or Completion Date, as the case may be.
Successor Operator is defined in Section 11.6.

Examples of Successor Operator in a sentence

  • The Party designated in Article 4.1 (Designation of the Operator), a successor Operator selected under Article 4.5 (Selection of Successor Operator), and, if applicable, a substitute Operator selected under Article 4.2 (Substitute Operator).

  • In accordance with Article 4.5 (Selection of Successor Operator), this Agreement will terminate if no Party is willing to become Operator, effective after all conditions in clauses (a) through (d) above have been completed.

  • In addition, upon request, Lessee shall, subject to compliance with all applicable Legal Requirements, promptly deliver copies of all books and records relating to the Leased Property of such Facility and all Capital Additions thereto and operations thereon to Lessor or such Successor Operator.

  • Lessee shall not unreasonably withhold, condition or delay its consent to entering into any interim subleases or management agreements as may be necessary to effectuate an early transfer of the operations of such Facility prior to the time that Lessor or such Successor Operator holds all Required Governmental Approvals.

  • In accordance with Article 4.5 (Selection of Successor Operator), this Agreement will also terminate if no Party is willing to become Operator, effective after all conditions in clauses (a) through (d) above have been completed.


More Definitions of Successor Operator

Successor Operator. As defined in Section 45.1.4.
Successor Operator means the entity (which may include Client or any Client Affiliates) succeeding Exult Supplier in the provision or operation of all or any of the Services;
Successor Operator means the Person that replaces the Operator as the provider of the Operations and Construction Services following the termination of this Agreement.
Successor Operator means a Train Operator succeeding or intended
Successor Operator shall have the meaning set forth in Section 37.1.2.
Successor Operator has the meaning given to that term in Section 9.5(a).
Successor Operator means a person nominated by the State (including the State or any of the State's Associates) as succeeding the Contractor in the provision of all or any of the Services.