Operator Transfer Sample Clauses
The Operator Transfer clause defines the conditions under which the rights and responsibilities of the current operator can be transferred to another party. Typically, this clause outlines the process for notifying relevant stakeholders, obtaining necessary approvals, and ensuring the new operator meets any required qualifications or standards. Its core practical function is to provide a clear mechanism for changing operators without disrupting ongoing operations or breaching contractual obligations, thereby ensuring continuity and minimizing risk during transitions.
Operator Transfer. Neither Operator shall have the right to Transfer its interest in this Agreement without the prior written consent of Owner; provided that either Operator may assign this agreement to any wholly-owned Subsidiary of Peninsula Gaming Partners, LLC.
Operator Transfer. The Buyer shall file all necessary documentation to transfer operatorship of the Assets within twenty (20) business days after the Closing Date. Sellers shall assist Buyer with any and all forms and documentation needed to process the transfer of operatorship. Only documented delays directly caused by the Texas Railroad Commission shall extend this deadline. Failure by the Buyer to timely file the transfer documentation shall constitute a breach of this Agreement.
Operator Transfer. Where the Parties have agreed that CLC will pay PACIFIC for operator transfer, PACIFIC's tariffed rate for this service shall apply. These rates shall remain in effect until the Commission determines different rates in any proceeding subsequent to the Effective Date of this Agreement. Once so determined by the Attachment 8 Commission, said different rates shall apply instead of the rates set forth herein for the remaining Term of this Agreement.