Operator Sole Member definition

Operator Sole Member. MHI Hospitality TRS Holding, Inc., a Delaware corporation.
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Examples of Operator Sole Member in a sentence

  • Operator Sole Member is a duly organized and validly existing corporation formed under the laws of the State of Delaware, and has all necessary power and authority to consummate the transactions contemplated in the Loan Documents on behalf of Operator, to which Operator is a party.

  • The direct or indirect sale, transfer, assignment, conveyance or further encumbrance of the Property, or any part thereof, or any interest therein (including any direct ownership interest in Borrower, Operator and/or Operator Sole Member, the issuance of any new ownership interest in Borrower, Operator and/or Operator Sole Member, or the sale or transfer of the general partner interest in Guarantor) is prohibited without Trustee’s prior written consent in its sole and absolute discretion.

  • The Guarantor is the sole member of the Borrower, the sole shareholder of Operator Sole Member, which is the sole member of the Operator.

Related to Operator Sole Member

  • Sole Member means the Person listed on Schedule A hereto, as amended from time-to-time, who owns the sole Membership Interest in the Company upon such terms and conditions as provided in this Agreement and under the Act.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • General Partner means the general partner of the Partnership.

  • GP means Gottbetter & Partners, LLP.

  • Operating Partnership Agreement means the Limited Partnership Agreement of the Operating Partnership, as amended from time to time.