Operational Interest definition

Operational Interest means part or all of Defendant’s right to be the operator (as that term is used and interpreted under the Act) of any Unit.
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Operational Interest means the right to lease, manage or control the operations of a Person, directly or indirectly.
Sample 1

Examples of Operational Interest in a sentence

  • See: Central Intelligence Agency (hereafter CIA), ‘Turks and Neighboring Nationals who were Agents, In Contact, or of Operational Interest to the German Intelligence Service in Turkey’ (CIA–RDP81–01043R0035000800004–7), 171–189.

  • No sale or transfer to a Third Party Purchaser of an Operational Interest or Ownership Interest shall take place before the Third Party Purchaser has executed, and the Court has approved, a modification pursuant to Section XXIII (Modification) of this Consent Decree making the Third Party Purchaser a party to this Consent Decree and liable for the Defendant’s applicable requirements of this Consent Decree.

  • Where a resident of Sweden derives income which, in accordance with the provisions of Article 18 or 19, shall be taxable only in Egypt, Sweden may, when determining the graduated rate of Swedish tax, take into account the income which shall be taxable only in Egypt.

  • Banking Risks: Credit, Liquidity, Market, Operational, Interest Rate, ALM by Banks: Classification of Assets.

  • The second step is determined and projected the cost related to the project such as Capital Expenditures, Operational, Interest and Depreciation expense.

  • Plaintiffs expressly acknowledge that a Unit Owner may sell or transfer an Operational Interest or Ownership Interest to another existing Unit Owner, or a Unit Owner’s successors or assigns, at any time and without Plaintiffs’ pre-approval and without any obligation to comply with the requirements of this Section.

  • CCC Grants, Operational Interest and Te Ahu Pātiki)Total funds distributed in 2021 FY(excl.

  • At the discretion of the Committee, up to twelve percent (12%) of the cumulative increase in Operating Profit After Operational Interest and Other Expense over the Operating Profit After Operational Interest and Other Expense for the base year, 1988, may be allocated for the awarding of Units.

  • Notwithstanding the foregoing, however, Defendants may not assign, and may not be released from, any obligation under this Consent Decree that is not specific to the purchased or transferred Operational Interest or Ownership Interests, including the obligations set forth in Sections IX (Environmental Mitigation Projects) and X (Civil Penalty).

  • Areas of Operational Interest – for example, cashier’s, vaults, back of house, loading dock, front desk operations, etc.

Related to Operational Interest

  • Fractional Interest As defined in Section 5.02(d).

  • Personal interest means a financial benefit or liability accruing to a School Board member or employee or to a member of the immediate family of the School Board member or employee. Such interest shall exist by reason of

  • Distributional interest means the right under an unincorporated entity’s organic law and organic rules to receive distributions from the entity.

  • Prospective International Interest means an interest that is intended to be created or provided for in an object as an international interest in the future, upon the occurrence of a stated event (which may include the debtor’s acquisition of an interest in the object), whether or not the occurrence of the event is certain;

  • International Interest has the meaning ascribed to the defined term “international interest” under the Cape Town Treaty.

  • Legitimate educational interest means the need for a school official to review an education record in order to fulfill his or her professional responsibilities.

  • Original Fractional Interest With respect to each of the following Classes of Subordinate Certificates, the corresponding percentage described below, as of the Closing Date: Class B-1 1.11% Class B-2 0.71% Class B-3 0.45% Class B-4 0.25% Class B-5 0.10% Class B-6 0.00% Original Subordinate Class Certificate Balance: $11,614,127.00.

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Additional Interest shall have the meaning set forth in Section 2(e) hereof.

  • Financial Interest means either:

  • Class C Additional Interest is defined in Section 4.1(c).

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Collateral Additional Interest shall have the meaning specified in subsection 4.02(c).

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.

  • Significant Financial Interest means anything of monetary value, including but not limited to, salary or other payments for services (e.g., consulting fees or honoraria); equity interests (e.g., stocks, stock options or other ownership interests); and intellectual property rights (e.g., patents, copyrights, license agreements, and royalties from such rights). The term does not include:

  • Material financial interest means a personal and pecuniary interest, direct or indirect, accruing to a public servant or spouse, either individually or in combination with each other. Notwithstanding the foregoing, the following shall not be deemed to be a material financial interest with respect to a business with which a public servant may be associated:

  • Capital Interest means the proportion that a Member's positive Capital Account bears to the aggregate positive Capital Accounts of all Members whose Capital Accounts have positive balances as may be adjusted from time to time.

  • Accreted Interest Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.