Master Operating Agreement Clause Samples
A Master Operating Agreement is a foundational contract that outlines the terms and conditions governing the ongoing operations and management of a business venture, typically between multiple parties or entities. It sets forth the roles, responsibilities, and decision-making processes for the parties involved, and may address issues such as profit sharing, dispute resolution, and procedures for amending the agreement. By establishing clear operational guidelines and expectations, this clause helps prevent misunderstandings and disputes, ensuring smooth collaboration and effective management of the joint enterprise.
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Master Operating Agreement. “MOA”). The Agreement for Operation of The 231 Central Landfill and County Transfer Stations Between County of Sonoma and Republic Services 232 of Sonoma County, Inc., including Exhibit I thereto, the Agreement for Operations of Sonoma 233 County Transfer Stations and Material Recovery Facility Between The ▇▇▇▇▇ Group of Companies, 234 Inc. and Republic Services of Sonoma County, Inc.
Master Operating Agreement. The Security created pursuant to any Security Document does not violate the terms and conditions of the Master Operating Agreement it being understood that the Belgian floating charge agreement and any floating charge granted upon exercise of the Belgian floating charge mandate shall not include a pledge of the Company's rights under the Master Operating Agreement, to the extent such pledge would violate the Master Operating Agreement.
Master Operating Agreement. Other than Sections 2.1, 3.1, 3.2, 3.3 and 11.4 of the Master Operating Agreement and except as otherwise expressly set forth in this EPI Agreement, all the terms and conditions of the Master Operating Agreement will apply to this EPI Agreement as if fully set forth herein. In the event of any conflict or inconsistency between the terms and conditions of this EPI Agreement and the terms and conditions of the Master Operating Agreement, the terms and conditions of this EPI Agreement will apply.
Master Operating Agreement. APC and the Partnership Group agree that on the Closing Date, they shall enter into a Master Operating Agreement in the form attached hereto as Exhibit A (the “Master Operating Agreement”) , which will provide for the terms and conditions under which APC will operate the Assets that are not already subject to an existing operating agreement (an “Existing Operating Agreement”). Any Assets that are subject to an Existing Operating Agreement will continue to be operated in accordance with the terms set forth in any such agreement. APC and the Partnership Group hereby agree that for so long as an Existing Operating Agreement may be in effect, with respect to Assets that are subject to Existing Operating Agreements in which APC is the operator, APC will not by virtue of this Agreement, charge additional administrative costs to the Partnership Group with respect to such Assets; provided, however, that with respect to Assets that are subject to Existing Operating Agreements in which APC is not the operator, the Partnership Group will be responsible the share of any operating costs and expenses attributable to the operation of such Assets in accordance with the terms set forth in any such Existing Operating Agreement.
Master Operating Agreement. APC and Operating LLC have entered into a Master Operating Agreement, effective as of the Closing Date (the "Master Operating Agreement"), which provides for the terms and conditions under which APC will operate the Assets that were not subject to an existing operating agreement (an "Existing Operating Agreement") prior to the Closing Date, and under which the Partnership Group will reimburse APC for such operating services. Any Assets that are subject to an Existing Operating Agreement will continue to be operated in accordance with the terms set forth in any such agreement. APC and the Partnership Group hereby agree that for so long as an Existing Operating Agreement may be in effect, with respect to Assets that are subject to Existing Operating Agreements in which APC is the operator, APC will not by virtue of this Agreement, charge additional administrative costs to the Partnership Group with respect to such Assets; provided, however, that with respect to Assets that are subject to Existing Operating Agreements in which APC is not the operator, the Partnership Group will be responsible for the share of any operating costs and expenses attributable to the operation of such Assets in accordance with the terms set forth in any such Existing Operating Agreement.
Master Operating Agreement. Amerac shall have executed and delivered the Contract Operations Service Agreement as provided in Section 7.1 hereof.
Master Operating Agreement. As between the Parties, Sections 3.5, 3.6, 3.9, 3.10, 3.11 and 3.12 and Articles 4, 6, 7, 8, 10, 12 (only to the extent such Article 12 might be interpreted to apply to this Agreement), 13 (except as provided in Section 18 hereof), 14, 15, 16 (as to any disputes arising under or related to this Agreement and except as provided in Section 11(e) of this Agreement), and 17 (as to any matters arising under or related to a Party's performance or non-performance of this Agreement) of the MOA are no longer applicable. Nothing in this Agreement shall affect the rights or obligations of the Paper Mill Owner under the MOA or any other Agreement. KCTC hereby waives any right it might have to terminate the MOA based upon any termination of the Pulp Mill Energy Services Agreement or the termination of the Tissue Mill Energy Services Agreement as a result of the implementation of the Settlement Agreement or any of the transactions provided for therein, including the entry by the Parties into this Agreement.