Operating Document definition
Examples of Operating Document in a sentence
No Group Member has violated any Requirement of Law or violated or failed to comply with any Contractual Obligation or any provision of an Operating Document applicable to Holdings or any of its Subsidiaries that could reasonably be expected to have a Material Adverse Effect.
To the extent that the Vendor is reasonably able to deliver the Title and Operating Documents to the Purchaser, the Vendor shall, as soon as is practicable after Closing (and in any event within 30 days of Closing), deliver to the Purchaser the Title and Operating Documents which it has in its possession, provided that if the Vendor retains any interest in any property to which a Title and Operating Document relates, the Vendor may retain the original copy and provide a photocopy to the Purchaser.
Each Avis Obligor (which is party to an Operating Document) shall perform its obligations, covenants and undertakings under the relevant Servicing Agreement, Master Lease Agreement and Account Bank Agreement, including, for the avoidance of doubt, in the case of the Servicer and the Lessee, its obligations as Servicer or as Lessee to renew the relevant Vehicle Purchasing Agreements.
No Group Member has violated any Requirement of Law, any Operating Document of such Group Member or violated or failed to comply with any Contractual Obligation applicable to such Group Member that could reasonably be expected to have a Material Adverse Effect.
The responsibilities of the Custodian shall be specified in the Operating Guidelines, the Operating Document and the Amended and Restated Securities Lending Management Agreement.
Each Obligor (other than the Parent) which is party to an SPV Operating Document shall (and Avis Europe shall procure that each Obligor that is a member of the Avis Europe Group and is party to an SPV Operating Document shall) timely perform its material obligations under each SPV Operating Document.
The Grantor covenants in favour of the Royalty Owner that the Grantor will only expend funds on exploration activities if such undertaking is, in the opinion of the Grantor, in the best interests of the Trust or the Grantor is obligated by the terms of a Title and Operating Document to expend funds on such undertakings notwithstanding that it did not specifically authorize or approve them.
The Company is not in default under or in violation of any provision of its Organizational Document or its Operating Document.
The Organizational Document and Operating Document for each Acquired Company have been provided to Buyer and reflect all amendments made thereto and are true, correct and complete.
Seller and Rexam plc agree that the terms of this Agreement shall, to the extent necessary, preempt and supersede any conflicting provisions in the JV Agreement or any Operating Document of an Acquired Company.