OpCo Entities definition
Examples of OpCo Entities in a sentence
The Lenders acknowledge that, pursuant to such activities, Administrative Agent or its Affiliates may receive information regarding the Loan Parties, JV Holdcos, Secured Joint Ventures and OpCo Entities (including information that may be subject to confidentiality obligations in favor of such Persons) and acknowledge that the Agent-Related Persons shall be under no obligation to provide such information to any Lender.
Immediately before the Closing, any lease agreements between the REIT Entities and the OpCo Entities will be terminated.
To Borrower’s knowledge, the OpCo Entities, taken as a whole, do not have any material gas imbalances.
Section 4.11.1 No REIT Entity employs any employees and any services performed for the REIT Entities are performed by the OpCo Entities or independent contractors.
Section 6.16.1.1.1 OpCo shall prepare and timely file (or cause to be prepared and timely filed) (x) all Tax Returns of OpCo and the OpCo Entities due after the Closing Date, (y) all Tax Returns with respect to any real property, personal property or other similar ad valorem Taxes that relate to any OpCo Assets or the OpCo Business and are due after the Closing and (z) all Tax Returns with respect to any sales Taxes that relate to the OpCo Assets or the OpCo Business and are due after the Closing.
This Agreement, together with the other Loan Documents, embodies the entire agreement and understanding among the Loan Parties, OpCo Entities, JV Holdcos, Secured Joint Ventures, the Lenders, Issuing Lenders, Collateral Agents and Administrative Agent, and supersedes all prior or contemporaneous agreements and understandings of such Persons, verbal or written, relating to the subject matter hereof and thereof.
Solely for purposes of Article 4 and the definition of Company Material Adverse Effect, all references to Subsidiaries of the Company include PropCo and its Subsidiaries and OpCo Entities then in existence on the date of this Agreement and the Closing Date, whether or not the Reorganization Transactions have occurred.
Other than as set forth on Schedule 6.22 or as otherwise disclosed to Administrative Agent from time to time, to the knowledge of each Loan Party or OpCo Entity, as applicable, the Midstream Assets owned by the Loan Parties and the OpCo Entities do not include any Buildings or Mobile Homes located in a special flood hazard area.
Except for notices, reports and other documents expressly herein required to be furnished to the Lenders by Administrative Agent, Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, prospects, operations, Property, financial and other condition or creditworthiness of the Loan Parties, JV Holdcos, Secured Joint Ventures or OpCo Entities which may come into the possession of any of the Agent-Related Persons.