Operational Contracts definition

Operational Contracts means agreements pertaining to the conduct of the business operations of the Company and its Subsidiaries, including (without limitation) leases, operating agreements, concession agreements, franchise agreements, licensing agreements, joint venture agreements, noncompetition agreements and other agreements or contractual arrangements.
Sample 1Sample 2
Operational Contracts means all contracts and agreements that are reasonably necessary to own, explore, develop, operate, maintain or use the Oil and Gas Interests of a Person in the manner in which they are currently being owned, explored, developed, operated, maintained or used, and in accordance with the prudent practices of the oil and gas industry.
Sample 1Sample 2
Operational Contracts means certain day-to-day operational and trading contracts of African Bank specified in the Sale of Business Agreement, as determined by the Curator, including the Insurance Funding Facility and the Hedging Arrangements (but specifically excluding any other hedging or facility agreements);58
Sample 1

Examples of Operational Contracts in a sentence

  • For Operational Contracts (excluding transportation services) in excess of $2,500; rolling stock contracts; and, construction contracts over $2,000 (in conjunction with the Davis-Bacon Act clauses set forth below).

  • The categories are: Project-related contracts (also called Consulting or Services Agreements); Communications & IT Contracts; Administrative & Operational Contracts; Leases and Construction Contracts.

  • Operational Contracts – Seller will want to limit scope of diligence (and reps and warranties) to “Material Contracts” to limit disclosure obligations.

  • This saving will be ring-fenced at year-end to help fund the cost of the Operational Contracts procurement currently underway.

  • WFP says that the budget line ‘Evaluation’ in the Operational Contracts with ECHO is regarded as un-earmarked funding of the Office of Evaluation and Monitoring/Division of Oversight Services.

  • An Operation may generate multiple Subsystem requirements, and a single Subsystem requirement may be generated from multiple Operational Contracts.

  • This is followed by the preparation of Activity Summaries and the signature of Operational Contracts between Government and WFP.

  • Derive Subsystem Requirements from Operational Contracts Generating Requirements from UML in DOORSNew Subsystem Requirements are derived from Operational Contracts, documented in DOORS, and traced back to the Operation in the UML surrogate Module.

  • The latest Operational Contracts for the two CP sub- programmes extensively address critical monitoring issues and indicators.

  • Several of these discussions focussed on the discrepancy between the sum of assessed actual costs of the logistics’ system components –e.g. procurement, international transport, local transport, storage and distribution- as assessed by the evaluators and the total amount, unspecified, in the Operational Contracts.


More Definitions of Operational Contracts

Operational Contracts means those agreements and contracts to which the Corporation is a party relating to the ongoing infrastructure, operations and day-to-day management of the Corporation's business and which are necessary to operate the Corporation's business as presently operated, all of which are listed and described in Schedule 1.1(aaa);
Sample 1
Operational Contracts means all right, title and interest of Seller, if any, in and to any and all contracts, purchase orders, service contracts, equipment leases, maintenance contracts, utility contracts, billboard contracts or billboard leases, travel agency agreements, telephone service agreements, and other agreements pertaining to the ownership, operation and maintenance of the Real Property, the Improvements and/or the Tangible Personal Property, excluding the Marriott License Agreement, the Radisson License Agreement (Atlanta), the Radisson License Agreement (Orlando), the Hotel Management Agreement and the Office Management Agreement. A list of the Operational Contracts in existence as of the Effective Date is set forth in Exhibit D.
Sample 1

Related to Operational Contracts

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Operational Control means Security monitoring, adjustment of generation and transmission resources, coordinating and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Balancing Authority Areas and Reliability Coordinators, voltage reductions and load shedding, except that each legal owner of generation and transmission resources continues to physically operate and maintain its own facilities.

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • Financial Contracts means any arrangement that:

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Project Contract means any agreement or agreements for the design, development, acquisition, installation, implementation and construction of all or a substantial part of the Project by and between a Contractor and the Recipient.

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Customer Contracts means any Contracts pursuant to which the Company has provided or will provide products or services in connection with the Business.

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • IT Contracts means any agreements, licences or other contractual arrangements with third parties relating to the IT Systems or IT Services, including licences of all software, leases of hardware and other procurement of IT Systems or IT Services;

  • Material Contracts has the meaning set forth in Section 3.09(a).

  • Construction Plans means plans, drawings, specifications and related documents, and construction schedules for the construction of the Work, together with all supplements, amendments or corrections approved by the City in accordance with the Municipal Code and this Agreement.

  • Project Assets means all physical and other assets relating to and forming part of the Site including:

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Project Documents means all documents relating to the Construction Loan, Mortgage Loan and Construction Contract. It shall also include all documents required by any governmental agency having jurisdiction over the Apartment Housing in connection with the development, construction and financing of the Apartment Housing, including but not limited to, the approved Plans and Specifications for the development and construction of the Apartment Housing.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • Financial Contract of a Person means (i) any exchange-traded or over-the-counter futures, forward, swap or option contract or other financial instrument with similar characteristics or (ii) any Rate Management Transaction.

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Project Operational Manual means the manual to be adopted pursuant to Section 6.01 (b) of this Agreement and referred to in paragraph 1 of Schedule 4 to this Agreement, outlining policies, procurement and implementation procedures and monitoring guidelines for the Project;

  • Central Contracts and Legal Services means the DSHS central headquarters contracting office, or successor section or office.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Project Agreements means this Agreement, EPC Contract, O&M Contract and any other agreements or material contracts that may be entered into by the Developer with any person in connection with matters relating to, arising out of or incidental to the Project.