Golar Operating definition

Golar Operating means Golar Partners Operating LLC, a ▇▇▇▇▇▇▇▇ Islands limited liability company. “Golar Operating Group” means Golar Operating and each of its Subsidiaries as of the Execution Date other than the Contributed Group and the Excluded Entities. “Golar Winter” means Golar Winter Corporation, a ▇▇▇▇▇▇▇▇ Islands corporation (or any successor to Golar Winter Corp, including the entity referred to as “Golar Winter CorpDRE (▇▇▇▇▇▇▇▇ Islands)” in Section 5.10 of the Sellers Disclosure Schedule). “Golar Winter Charter” means that certain Time Charter Party, dated September 4, 2007, by and between Golar Winter UK Limited, as Owner, and Petróleo Brasileiro S.A., as Charterer, in respect of the Golar Winter.
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Examples of Golar Operating in a sentence

  • Each of GMLP and Golar Operating has all requisite organizational power and authority necessary to carry on its business as it is now being conducted and to own, lease and operate its assets and properties, except as would not reasonably be expected to be, individually or in the aggregate, material to the Acquired Entities, taken as a whole.

  • Golar Operating is duly licensed or qualified to do business and is in good standing (where such concept is recognized under applicable Law) in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or qualification necessary, except as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

  • None of the Golar Operating Group Subsidiaries has any outstanding equity compensation plans relating to the capital stock of, or other Equity Securities or voting interests in, any Golar Operating Group Subsidiary.

  • A complete and accurate copy of the Organizational Documents of each of GMLP and Golar Operating has been made available to Purchaser prior to the date hereof.

  • Neither GMLP nor Golar Operating is in material violation of the respective Organizational Documents of GMLP or Golar Operating or the Organizational Documents of any other member of the Golar Operating Group.