Operator Party definition
Examples of Operator Party in a sentence
No transfer of property is being made, and no obligation is being incurred in connection with the transactions contemplated by this Agreement with the intent to hinder, delay or defraud either present or future creditors of any Tower Operator Party.
Immediately prior to the Initial Closing, each Tower Operator Party shall be solvent.
An Ocean Carrier Party to this Agreement that is not a member of OCEMA, and any Marine Terminal Operator Party, shall be considered an Associate Member.
No transfer of property is being made, and no obligation is being incurred in connection with the transactions contemplated by this Agreement with the intent to hinder, delay or defraud either present or future creditors of Crown or any Tower Operator Party.
Any Ocean Carrier Party and any Marine Terminal Operator Party participating in any manner in the Chassis Pool shall be eligible for membership in this Agreement.
After giving effect to the transactions contemplated by this Agreement, each Tower Operator Party shall be solvent.
The Operator shall use its best efforts to facilitate, in cooperation with the Non- Operator Party, the orderly settlement of claims by their respective insurers.
Notwithstanding the foregoing, you will have no obligation to indemnify or hold harmless any Portal Operator Party from or against any liability, losses, damages, or expenses incurred as a result of any action or inaction of such Portal Operator Party.
Such Meter Operator Party shall only be entitled to become a Party and, as the case may be, Pool Member in accordance with those provisions of this Agreement.
Nothing in this Agreement shall provide any benefit to any third party (including, for the avoidance of doubt, any Subsidiary of Owner) or entitle any third party to any claim, cause of action, remedy or right of any kind (except for each Operator Party and Owner Party under Section 12), it being the intent of the Parties that this Agreement shall not be construed as a third party beneficiary contract.