Facility Entity definition

Facility Entity. As defined in Section 9.5(i).
Facility Entity each of the Facility LLC's or LP's which owns a Facility as set forth opposite the name of each Facility above and their respective successors or assigns.
Facility Entity means each Subsidiary which owns the fee interest in a Facility, including, without limitation, any Subsidiary formed by the Company pursuant to this Agreement or the Transfer Agreement for the purpose of acquiring, owning, developing, financing, constructing, operating and/or selling a Facility.

Examples of Facility Entity in a sentence

  • The Facility Company is in compliance in all material respects with all applicable Governmental Approvals and no Facility Entity has received written notice from a Governmental Authority of an actual or potential violation of any such Governmental Approval that could reasonably be expected to have a Material Adverse Effect on the Facility Company.

  • No event of Bankruptcy has occurred with respect to any Facility Entity.

  • No Facility Entity has any powers of attorney relating to Taxes in effect.

  • No Facility Entity has received any written notice or inquiry from any jurisdiction where Tax Returns have not been filed that Tax Returns may be required.

  • A-2 Holder: (Prior to Securitization of Note A-1): Grass River Warehouse Facility Entity One, LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, Suite 300 Coconut Grove, Florida 33133 Attention: Legal Dept.

  • No Facility Entity has received any notice or inquiry from any jurisdiction where Tax Returns have not been filed that Tax Returns may be required.

  • All Taxes (whether or not shown on any Tax Return) attributable to the operations or Assets of any Facility Entity, or for which the Facility Entity may be liable, that are due and payable have been timely and properly paid.

  • No Facility Entity has requested or had requested on its behalf or agreed to any extensions of time within which to file any waivers or comparable consents of the statute of limitation with respect to Taxes and is not currently the subject of any audit or other examination or other administrative or court proceeding with respect to Taxes and none have been threatened in writing.

  • No broker, finder, investment banker, or other person is entitled to any brokerage, finder’s or other fee or commission in connection with the transactions contemplated hereunder, based upon arrangements made by or on behalf of it for which the Class B Member or each Facility Entity will be responsible.

  • All material Taxes (whether or not shown on any Tax Return) attributable to the operations or Assets of any Facility Entity, or for which the Facility Entity may be liable, that are due and payable have been timely and properly paid (taking into account all valid extensions).


More Definitions of Facility Entity

Facility Entity. As defined in Section 9.5(i). FATCA: Sections 1471 through 1474 of the Code, any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any U.S. or non-U.S. fiscal or regulatory legislation, guidance notes, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code.
Facility Entity means a limited liability company or limited partnership Subsidiary which owns the fee interest in, or is the ground lessee of, a Facility, including, without limitation, the Connecticut Avenue Facility Owner and any Subsidiary formed by the Company pursuant to this Agreement for the purpose of acquiring, owning, developing, financing, constructing, operating and/or selling a Facility.
Facility Entity means CHP Claremont CA Owner, LLC, a Delaware limited liability company, formed by the Venture pursuant to this Agreement for the purpose of acquiring, owning, operating and selling the Facility.
Facility Entity means any partnership, corporation, association, trust or other form of legal entity which operates a provider of health care services, (a) the equity or other ownership interests of which are directly or indirectly held by (I) the Company or any of its Subsidiaries and (II) any other Person, and (b) whose results were not presented on a consolidated basis with the Company, but rather as a noncontrolling interest, on its financial statements for the quarter ended September 30, 2016 as included in the Company SEC Documents and will not be presented on a consolidated basis with the Company, but rather as a noncontrolling interest, on its financial statements for the year ended December 31, 2016.
Facility Entity has the meaning set forth in Section 9.5(i).

Related to Facility Entity

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

  • Security Entitlements means the rights and property interests of an Entitlement Holder with respect to a Financial Asset.

  • Controlled Securities Account means each securities account (including all financial assets held therein and all certificates and instruments, if any, representing or evidencing such financial assets) that is the subject of an effective Control Agreement.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Controlled Deposit Account means a Deposit Account that is subject to a Deposit Account Control Agreement.