Operating Control means direct or indirect control of, or the ability or right to control or vote (directly or indirectly) a majority of the voting securities of Borrower.
Operating Control means control sufficient to allow consolidation of the controlled Person in accordance with GAAP."
Operating Control means a mechanism regulating or guiding the operation of equipment that ensures a specific operating mode.
Examples of Operating Control in a sentence
Traffic Advisory Practices at Airports Without Operating Control Towers.
Visual Indicators at Airports Without an Operating Control Tower .
Communications Release of IFR Aircraft Landing at an Airport Withoutan Operating Control Tower .
Airport Advisory Service (AAS) is provided on the CTAF by FSS’s for select non–tower airports or airports where the tower is not in operation.(See AIM, Para 4–1–9 Traffic Advisory Practices at Airports Without Operating Control Towers or AC 90–42C.)Aviation weather briefing service is provided by FSS specialists.
When operating in the vicinity of an airport without an operating control tower, announce your operations in accordance with the FAA Aeronautical Information Manual (AIM) 4-1-9 Traffic Advisory Practices at Airports without Operating Control Towers.
More Definitions of Operating Control
Operating Control means the authority to perform, direct or authorize the operation of all devices under its control. Operating control is not synonymous with ownership. Operating Control is not synonymous with the actual execution of any switching operations.
Operating Control is defined as the exclusive authority to perform, direct, or authorize the operation of specific devices. Assignment of Operating Control is based with ORPC Administration.
Operating Control is that control exercised by the Controlling Authority. Operating Control is NOT synonymous with ownership.
Operating Control means the chairman and chief executive officer of the Company immediately prior to the Change of Control remains as chairman and chief executive officer of the surviving entity after the Change of Control and maintains the same duties and responsibilities after the Change of Control.
Operating Control. A constant pressure pendant is provided on a hand-held control. Pendant must be toggled to move the lift. The lift stops any time the pendant is released. The lift automatically stops at the ends of the track.
Operating Control means the power (whether by way of ownership of shares, ability to appoint or remove directors, board (supervisory or management) members or control the appointment or removal of directors, board (supervisory or management) members, contractual arrangement or otherwise) to give directions with respect to the operating and financial policies of the relevant company with which the directors, board (supervisory or management) members or other equivalent officers of the relevant company are obliged to comply; and
Operating Control. Except as hereinafter set forth, West Penn shall have operating control of the generation resources leased from AESC under Article III or assigned under Article V. West Penn shall operate those resources at its own cost and expense, and shall maintain, or cause to be maintained, each generating resource so as to keep it in similar operating condition as it was when it first became subject to this Lease, ordinary wear and tear excepted. West Penn shall replace all parts of any generating resource that become unfit for use with appropriate replacement parts. West Penn shall not, without the prior written consent of the Operating Committee defined in Section 7.1, alter any generating resource, or affix or install any accessories or devices on any generating resource, if the same shall impair the originally intended function or use of such generating resource or shall diminish its commercial value. Any and all unseverable additions to and improvements of any generating resource, and any and all parts installed on and additions and replacements made to any generating resource, shall constitute accessions to such generating resource and ownership thereof, free from any lien, charge, security interest or encumbrance shall immediately be vested in Lessor.