Operating Entity definition

Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.
Operating Entity any Person or any business or operating unit of a Person which is, or could be, operated separate and apart from (i) the other businesses and operations of such Person, or (ii) any other line of business or business segment.
Operating Entity means a person or company with an underlying business or with assets owned in whole or in part by an income trust for the purposes of generating cash flow;

Examples of Operating Entity in a sentence

  • There is no action, suit, claim, investigation, arbitration, alternate dispute resolution proceeding or any other proceeding pending or, to the knowledge of the Company, threatened against or involving the Company, any Subsidiary or any PRC Operating Entity which questions the validity of this Agreement or any of the other Transaction Documents or the transactions contemplated hereby or any action taken or to be taken pursuant hereto or thereto.


More Definitions of Operating Entity

Operating Entity has the meaning set forth in Section 7.4.F.
Operating Entity means an entity established with the purpose of earning a profit in its own right;
Operating Entity means (a) any Person, (b) any business or operating unit of a Person (i) which is operated separate and apart from the other businesses and operations of such Person, or (ii) whose products and services are uniquely divisible from the products and services of such Person, or (c) any other line of business or business segment.
Operating Entity means an Affiliate of the Corporation formed for the purpose of operating and/or marketing and supporting the business of the Corporation in one or more jurisdictions in the Territory.
Operating Entity has the meaning given in the Certificate of ---------------- Incorporation.
Operating Entity has the meaning assigned thereto in the BEP Partnership Agreement;
Operating Entity means TPG RE Finance Trust Holdco., LLC, a Delaware limited liability company, the Company’s operating entity, or any entity that becomes the Company’s operating entity.