Operation of the Facilities. 29 9.1 Operator................................................29
Operation of the Facilities. J. Management of all operation and maintenance requirements of the Facilities.
Operation of the Facilities. The Assets constitute all assets, properties, goodwill and businesses necessary to operate the Hospital Businesses in all material respects in the manner in which they have been operated prior to the effective date hereof.
Operation of the Facilities. 8.1 Operator.
Operation of the Facilities. The initial Operator of the Facilities, which may be a Partner or an Affiliate of a Partner, shall be selected by the Management Committee by a 60% Vote on or prior to the Commitment Date. The Operating Agreement with the Operator shall be consistent with the provisions of this Agreement. The Management Committee may, by 60% Vote, at any time agree to an amendment to such Operating Agreement or, in the event that such Operating Agreement is terminated pursuant to the terms thereof or the Operator is removed, select a new Operator or Operators or otherwise provide for the operation of the Facilities.
Operation of the Facilities. The Operator shall perform its duties under Section 9.1.2 of this Agreement pursuant to and in accordance with the terms of the Operating Agreement. All of the terms and provisions of the Operating Agreement, including, without limitation, Sections 15.12 and 15.13 thereof, are approved, ratified and confirmed by all the Partners. The Management Committee may, by affirmative vote of members representing 65% or more of the total Percentage Interests of the Partners, at any time agree to an amendment to the Operating Agreement or, in the event that the Operating Agreement is terminated pursuant to the terms thereof or the Operator is removed as hereinafter provided, select a new Operator or Operators. The Management Committee may remove the Operator, with or without cause, by a 65% vote of all Partners; provided, however, that if the Operator is a Partner or the Affiliate of a Partner, such removal must be made unanimously by the Representatives of all Partners other than (i) the Operator or its Affiliate and (ii) any Partner who is, or whose Affiliate is, under contract with the Operator, voting individually and not as members of any bloc. It is not intended that ownership of the Operator by the Partnership shall cause any Partner to be deemed to be an Affiliate of the Operator. A vote on removal of the Operator may be held only after the Operator has been given reasonable notice of, and an opportunity to be heard on, a call for its removal by one or more Partners. Termination of the Operating Agreement pursuant to the terms thereof shall also result in automatic removal of the Operator. Any successor Operator selected pursuant to this Section 9.8 shall execute and be bound by an operating agreement substantially in the form of the original Operating Agreement entered into by the Partnership, unless the Management Committee otherwise provides for amendment of such form of Operating Agreement. No Limited Partner (or any Affiliate thereof) shall be a successor Operator.
Operation of the Facilities. 3.1. 3.2. 3.3. Operator’s Responsibilities. Reasonable Efforts. Claims.
Operation of the Facilities. The Rova I Facility will, on and after the competition of construction pursuant to the Rova I Turnkey Contract, be able to be operated on a safe and commercially sound basis in compliance with all Governmental Requirements and all Project Documents and without any adverse effect on or from the construction and operation of the Rova II Facility so that the performance and facility guarantees and specifications provided for in the Rova I Turnkey Contract can be substantially met for a period of at least 20 years thereafter and Borrower can duly and punctually meet its obligations under the Project Documents and the Loan Instruments in accordance with the terms thereof. 105 The Rova II Facility will, on and after the completion of construction pursuant to the Rova II Turnkey Contract, be able to be operated on a safe and commercially sound basis in compliance with all Governmental Requirements and all Project Documents and without any adverse affect on or from the construction and operation of the Rova I Facility so that the performance and facility guarantees and specifications provided for in the Rova II Turnkey Contract can be substantially met for a period of at least 20 years thereafter and Borrower can duly and punctually meet its obligations under the Project Documents and the Loan Instruments in accordance with the terms thereof.
Operation of the Facilities. The planning, design, construction, testing, maintenance, repair, replacement, improvement, expansion and operation of the Facilities, and billing and collection for the Facilities, including performance of the responsibilities of the Operator as set forth in Section 3.1 of this Agreement.
Operation of the Facilities. The Operator shall perform its duties under Section 9.1.2 of this Agreement pursuant to and in accordance with the terms of the Operating Agreement. All of the terms and provisions of the Operating Agreement, Including, without limitation, Sections 15.12 and 15.13 thereof, are approved, ratified and confirmed by all the Partners. The Management Committee may, by Majority Vote, at any time agree to an amendment to the Operating Agreement or, in the event that the Operating Agreement is terminated pursuant to the terms thereof or the Operator is removed as hereinafter provided, select a new Operator or Operators. The Management Committee may remove the Operator, with or without cause, by Majority Vote; provided, however, that if the Operating Agreement is a Related Party Contract, then the terms of Section 9.5 shall control with respect to actions taken by the Management Committee with respect to such Operating Agreement. It is not intended that ownership of the Operator by the Partnership shall cause any Partner to be deemed to be an Affiliate of the Operator. A vote on removal of the Operator may be held only after the Operator has been given reasonable notice of, and an opportunity to be heard on, a call for its removal by one or more Partners. Termination of the Operating Agreement pursuant to the terms thereof shall also result in automatic removal of the Operator. Any successor Operator selected pursuant to this Section 9.8 shall execute and be bound by an operating agreement substantially in the form of the original Operating Agreement entered into by the Partnership, unless the Management Committee otherwise provides for amendment of such form of Operating Agreement.
