Operating Manager definition

Operating Manager means Apollo Manager, LLC, a Delaware limited liability company and a wholly owned subsidiary of Apollo, or any other Person designated from time to time as the “Manager” of the Company pursuant to the Operating Agreement.

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Operating Manager means the person nominated by Franchisee and approved by Franchisor to have primary responsibility for the Franchised Business and Franchisee’s compliance with this Agreement, the System, and the Manual, and who is authorized by Franchisee to conduct all interactions with Franchisor and to bind Franchisee with respect to agreements with or commitments to Franchisor. If Franchisee is a natural person, then Franchisee is permitted to serve as Operating Manager.

Operating Manager means PIMCO, or any other Person designated from time to time as the “Manager” of the Company pursuant to the Operating Agreement.

Examples of Operating Manager in a sentence

This Agreement may be executed in counterparts, any or all of which may be signed by the Operating Manager, and each of the Company’s authorized officers and attorneys-in-fact, on behalf of the Members as their attorney-in-fact.
In the event a Member’s Shares are repurchased pursuant to Section 7.9, the Operating Manager may specially allocate additional items of ordinary income or loss or capital gain (including short-term capital gain) or loss to such Member insofar as is possible to reduce the difference, if any, between the aggregate amounts allocated to such Member’s Capital Account and the aggregate amount of tax items allocated to such Member.
The Company and/or the Operating Manager, or its affiliates, shall reimburse the Dealer Manager for all items of underwriting compensation referenced in the Memorandum, to the extent the Memorandum indicates that they will be paid by the Company or the Operating Manager, as applicable.
For purposes of the foregoing, the Operating Manager may determine that an equitable method of allocation includes, without limitation, an allocation (i) pro rata based on the relative differences between amounts allocated to the Capital Accounts and the aggregate amounts of tax items allocated to the relevant Members, or (ii) solely to the relevant Members with the greatest such differences (taking into account such allocations).
Notwithstanding the foregoing, the Operating Manager in its sole discretion shall make such allocations for tax purposes as may be needed to ensure that allocations are in accordance with the interests of the Members and in a manner intended to give economic effect to the provisions of this Agreement, within the meaning of the Code and Treasury Regulations.

More Definitions of Operating Manager

Operating Manager means First Service Residential or such other residential condominium property manager as may be approved by the Administrative Agent.

Operating Manager shall have the meaning set forth in Section 5.1.

Operating Manager means the individual defined as Operating Manager in the LLC Operating Agreement.

Operating Manager shall have the meaning as set forth in Section 39(a).

Operating Manager promptly after execution of this Lease who shall participate in the resolution of disputes pursuant to this Article. Each party may at any time replace the Operating Manager by providing written notice to the other party of the identity of its new Operating Manager. The Operating Managers shall meet within ten (10) days after receipt of written notice that dispute resolution pursuant to this Article is being invoked and shall attempt to resolve the dispute through informal discussions.

Operating Manager and “Operating Managers” shall mean such person or Persons as a majority of the Members shall elect from time to time.

Operating Manager means Century Casinos Management, Inc., a Delaware corporation, who has been engaged by ▇▇▇▇▇▇▇▇ to manage the Casino Facility pursuant to the terms and provisions set forth in the Management Agreement.