Operating Approvals definition
Examples of Operating Approvals in a sentence
Manager shall promptly inform Transferor in writing of its receipt of the Operating Approvals.
An assignment by Seller of all Operating Approvals in the form attached hereto as Exhibit "I-1" (the "Assignment of Operating Approvals") with physical delivery of all Operating Approvals within Seller's possession.
Seller holds good and marketable title to the Real Property, is the sole owner of the Personal Property, and legally and validly holds the Operating Approvals.
Tenant acknowledges that its obligation to pay Rent is not contingent upon the receipt and maintenance of any such Operating Approvals.
Purchaser shall indemnify Sellers for any and all losses that may be suffered by Sellers (including for any attorneys’ fees or costs that may be incurred by Sellers) arising from or related to Purchaser’s use or operation of Sellers’ Operating Approvals after the Closing if so requested by Purchaser pursuant to the Interim Operating Agreement.