Operated Assets definition

Operated Assets means Assets operated by Seller, the Company or any of their respective Affiliates.
Sample 1Sample 2Sample 3
Operated Assets means all Assets operated by any Seller or any Affiliate of any Seller.
Sample 1Sample 2Sample 3
Operated Assets means the assets and facilities identified in Exhibit A hereto, and any other assets and facilities that Operator agrees to operate on behalf of Company upon reasonable request by Company.
Sample 1Sample 2Sample 3

Examples of Operated Assets in a sentence

  • The Operated Assets (and, to Seller’s Knowledge, the Non-Operated Assets) are in material compliance with applicable Laws, Permits, rules, regulations, ordinances and orders.

  • Except with respect to Imbalances or as set forth on Schedule 4.14, no Person has any call upon, right to purchase or to market, option to purchase or market, or similar rights with respect to any portion of the Hydrocarbons produced from the Operated Assets (or, to Seller’s Knowledge, the Non-Operated Assets) that is not terminable without penalty on less than three months’ notice.

  • All bonuses, delay rentals, minimum royalties and royalties, other than suspended royalties, due and payable under the Leases that are Operated Assets (and, to Seller’s Knowledge, under the Leases that are Non-Operated Assets) have been timely paid in accordance with applicable Leases and Laws.

  • Jointly Operated Assets National Response System for Oil and Chemical SpillsDavid M.

  • The Company has maintained and is maintaining all material Permits with respect to the Operated Assets (and, to Seller’s Knowledge, the operator has maintained and is maintaining all material Permits with respect to the Non-Operated Assets).

  • The Company’s ownership and operation of the Operated Assets (and, to Seller’s Knowledge, the Non- Operated Assets) is in material compliance with all applicable Laws.

  • As of the Closing Date, Seller and each Company Entity, as applicable, shall have maintained and shall be maintaining all material Permits with respect to the Operated Assets (and, to Seller’s Knowledge, the operator shall have maintained and shall be maintaining all material Permits with respect to the Non-Operated Assets).

  • Except for amendments made in the ordinary course of business adding additional xxxxx or production to existing marketing contracts, unless Sellers obtain the prior written consent of Buyer to act otherwise, Sellers shall not permit any Company Entity to enter into any new marketing contracts or agreements providing for the sale of Hydrocarbons produced from the Company- Operated Assets for a term beyond May 17, 2013.

  • Seller’s and (as applicable) each Company Entity’s ownership and operation of the Operated Assets (and, to Seller’s Knowledge, the Non-Operated Assets) is in material compliance with all applicable Laws.

  • As of the date hereof, Seller and Propel Sub, as applicable, have maintained and are maintaining all material Permits with respect to the Operated Assets (and, to Seller’s Knowledge, the operator has maintained and is maintaining all material Permits with respect to the Non-Operated Assets).


More Definitions of Operated Assets

Operated Assets means Assets operated by Seller, the Company or any of their respective Affiliates. “Ordinary Course of Business” means, with respect to any action taken by a Person:
Sample 1Sample 2
Operated Assets means the those parts of the Interests operated by the Seller as set out in Schedule 1;
Sample 1Sample 2
Operated Assets has the meaning ascribed to such term in Section 4.1(H).
Sample 1
Operated Assets means any Assets operated by the Company or any of its Subsidiaries.
Sample 1
Operated Assets means those of the Assets which the Vendor was the operator as of the Adjustment Date and the Scheduled Closing Date;
Sample 1
Operated Assets means the Oil Producing Properties for which Seller is the operator under applicable Operating Agreements, as identified in the definition of Operating Agreements.
Sample 1

Related to Operated Assets

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Receivables and Related Assets means any account receivable (whether now existing or arising thereafter) of the Company or any Restricted Subsidiary of the Company, and any assets related thereto including all collateral securing such accounts receivable, all contracts and contract rights and all Guarantees or other obligations in respect of such accounts receivable, proceeds of such accounts receivable and other assets which are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transaction involving accounts receivable.

  • Separate Business means each of the activities of the Licensee connected

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Subject Assets is defined in Section 2.2(c).

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person, including without limitation cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Environmental Attributes means any emissions and renewable energy credits, energy conservation credits, benefits, offsets and allowances, emission reduction credits or words of similar import or regulatory effect (including emissions reduction credits or allowances under all applicable emission trading, compliance or budget programs, or any other federal, state or regional emission, renewable energy or energy conservation trading or budget program) that have been held, allocated to or acquired for the development, construction, ownership, lease, operation, use or maintenance of the Company as of: (i) the date of this Agreement; and (ii) future years for which allocations have been established and are in effect as of the date of this Agreement.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.