Operating Services Agreement Sample Clauses

Operating Services Agreement. 2.5.1 On the Signing Date, Sellers shall procure that BPZ E&P and Newco execute and deliver the OSA.
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Operating Services Agreement. Concurrently with the execution of this Agreement, the Company will execute, deliver and be bound by the terms and conditions of the Operating Services Agreement, pursuant to which the Company will engage the Operator to manage and administer the day-to-day business and affairs of the Company as provided in the Operating Services Agreement. The Members hereby acknowledge and agree that pursuant to the Operating Services Agreement the Operator shall be authorized, empowered and directed to take any and all actions required or permitted to be taken by the Operator by the terms of the Operating Services Agreement, including actions taken for and on behalf of the Company, without the requirement of any additional authorization or approval, except to the extent required under the terms of this Agreement. Notwithstanding Section 6.6(a) and Section 6.6(b), the Members hereby acknowledge and agree that the Operator shall be authorized, empowered and directed to take any and all actions required or permitted by the terms of the then-effective Approved Budget, including actions taken for and on behalf of the Company, without the requirement of any additional authorization or approval; provided that Operator is authorized, empowered and directed to take any action set forth in such then-effective Approved Budget that is subject to Fundamental Consent pursuant to Section 6.6(b) only if such action is so approved pursuant to Section 6.6(b). For the avoidance of doubt, in no case may the Operator take any action requiring Fundamental Consent hereunder unless the Management Committee approves such action with Fundamental Consent in accordance with Section 6.6(b).
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Operating Services Agreement. If and only if LV, any Holder or any affiliate of LV or the Holders acquires the Neodesha Collateral at the Foreclosure Sale (the "Laurus-Valens Acquiring Party"), the Laurus-Valens Acquiring Party and Petrol intend to enter into an operating/servicing agreement pursuant to which Petrol shall continue to operate such properties on behalf of the Laurus-Valens Acquiring
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Operating Services Agreement. At the Closing, each of the Buyer and the Company shall execute the Operating Services Agreement in the form attached hereto as Exhibit I (the “Operating Services Agreement”).
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Related to Operating Services Agreement

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.

  • Management Services Agreement The term "Management Services ----------------------------- Agreement" shall mean this Management Services Agreement by and between Practice and Business Manager and any amendments hereto.

  • Administrative Services Agreement The Administrative Services Agreement has been duly authorized, executed and delivered by the Company and is a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

  • Services Agreements For at least the first twelve (12) months after Closing, the Parties agree that all research, development, and regulatory activities to be performed under the Work Plan (which will be agreed upon in accordance with the Operating Agreement of the Company) shall be conducted by the Parties as in-kind contributions to the Company, except as otherwise provided in the Operating Agreement. Such activities shall be performed pursuant to a services agreement between each of the Parties and the Company, which services agreements shall be included in the Future Related Agreements. *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Service Agreement Refers to the Contract, Purchase Order or Terms of Service or Terms of Use. Student Data: Student Data includes any data, whether gathered by Provider or provided by LEA or its users, students, or students’ parents/guardians, that is descriptive of the student including, but not limited to, information in the student’s educational record or email, first and last name, birthdate, home or other physical address, telephone number, email address, or other information allowing physical or online contact, discipline records, videos, test results, special education data, juvenile dependency records, grades, evaluations, criminal records, medical records, health records, social security numbers, biometric information, disabilities, socioeconomic information, individual purchasing behavior or preferences, food purchases, political affiliations, religious information, text messages, documents, student identifiers, search activity, photos, voice recordings, geolocation information, parents’ names, or any other information or identification number that would provide information about a specific student. Student Data includes Meta Data. Student Data further includes “Personally Identifiable Information (PII),” as defined in 34 C.F.R. § 99.3 and as defined under any applicable state law. Student Data shall constitute Education Records for the purposes of this DPA, and for the purposes of federal, state, and local laws and regulations. Student Data as specified in Exhibit “B” is confirmed to be collected or processed by the Provider pursuant to the Services. Student Data shall not constitute that information that has been anonymized or De-Identified, or anonymous usage data regarding a student’s use of Provider’s services.

  • The Management Agreement Borrower shall use commercially reasonable efforts to cause Manager to manage the Property in accordance with the Management Agreement. Borrower shall (a) diligently perform and observe all of the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed and observed, (b) promptly notify Agent of any notice to Borrower or Manager of any default by Borrower in the performance or observance of any material terms, covenants or conditions of the Management Agreement on the part of Borrower to be performed and observed, and (c) promptly deliver to Agent a copy of all material notices received by it (including, without limitation, any notices relating to the Ground Lease, the Reciprocal Easement and any Joint Manager (as defined in the Reciprocal Easement Agreement) and, upon request by Agent, any other financial statement, business plan, capital expenditures plan, report and estimate received by it under the Management Agreement (but excluding any immaterial general correspondence and internal discussion drafts of any such plans, reports or estimates); and (iv) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by Manager under the Management Agreement. If Borrower shall default in the performance or observance of any material term, covenant or condition of the Management Agreement on the part of Borrower to be performed or observed, then, without limiting Agent’s other rights or remedies under this Agreement or the other Loan Documents, and without waiving or releasing Borrower from any of its obligations hereunder or under the Management Agreement, Agent shall have the right, but shall be under no obligation, to pay any sums and to perform any act as may be appropriate to cause all the material terms, covenants and conditions of the Management Agreement on the part of Borrower to be performed or observed.

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