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

  • Transactions by Underlying Operating Entity of Income Trust‌ 1.4 For the purposes of this Instrument, a transaction of an underlying operating entity of an income trust within the meaning of National Policy 41-201 Income Trusts and Other Indirect Offerings is deemed to be a transaction of the income trust, and a related party of the underlying operating entity is deemed to be a related party of the income trust.

  • Evanski13,600$ 40,936Jonathan Ashley10,200$ 30,702 (1) As mentioned above, on October 26, 2006, we granted 170,000 options to Fortress Operating Entity I (‘‘FOE I,’’ which was formerly known as Fortress Investment Holdings LLC).

  • The address of FOE I and Fortress Operating Entity II (‘‘FOE II,’’ which was formerly known as Fortress Principal Investment Holdings II LLC) and all officers and directors listed above are in the care of Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, New York 10105.


More Definitions of Operating Entity

Operating Entity has the meaning set forth in Section 7.4.F.
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 entity established with the purpose of earning a profit in its own right;
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 set forth in Section 7.4.F hereof.
Operating Entity has the meaning assigned thereto in the BBU Partnership Agreement;
Operating Entity means a Person (i) that is an ambulatory surgery center, (ii) as to which the Borrower or any Restricted Subsidiary or any Hospital Joint Venture owns more than 50% of the outstanding Capital Stock and as to which a Person other than the Borrower or a Restricted Subsidiary or a Hospital Joint Venture has a noncontrolling or minority ownership interest, (iii) that is not subject to any Contractual Obligation that limits the ability of such Person to pay dividends or make any other distribution on any of such Person’s Capital Stock owned by the Borrower or any Restricted Subsidiary or any Hospital Joint Venture, other than restrictions comparable to those set forth in clauses (i), (iv), (xi), (xii) and (xiii) of the proviso set forth in Section 10.8 and (iv) the Capital Stock of which, to the extent (A) owned by the Borrower or a Subsidiary Guarantor and (B) not Excluded Capital Stock, is pledged as Collateral to secure the Obligations in accordance with the terms hereof.