Owning Entity definition

Owning Entity means any Person, other than the Partnership, owning a Development Opportunity or a Regional Center, provided that the Partnership holds, Directly or Indirectly, a Beneficial Interest in such Person. Reference to the Owning Entities includes each Owning Entity.

Owning Entity means such company or other legal entity which Charterers may approve as the novatee of the rights and obligations of Owners under this Charter. “Party” or “Parties” has the meaning given to it in the preamble. “Party in Default” has the meaning given to it in Clause 67(b)(iii). “Periodical Drydocking” has the meaning given to it in Clause 31(a). “Person” means any individual, firm, corporation, stock company, limited liability company, trust, partnership, association, joint venture, or other business entity. “Place of Peril” has the meaning given to it in Clause 44(b). “Primary Discharge Port” means a port and/or terminal listed in Part B of APPENDIX B, including all utilities, terminal facilities, and associated port and marine facilities and equipment for the anchorage and berthing of LNG vessels, unloading of LNG and despatch of LNG vessels. “Primary Load Port” means a port or terminal listed in Part A of APPENDIX B, including all utilities, terminal facilities, and associated port and marine facilities and equipment for the anchorage and berthing of LNG vessels, loading of LNG and despatch of LNG vessels. “Primary Ports” means the Primary Load Ports and the Primary Discharge Ports (and Primary Port means any of them). “Progress Reports” has the meaning given to it in Clause 63.4(a). “Prohibition Order” has the meaning given to it in Clause 51.2(a)(iii). “Revised Delivery Date” has the meaning given to it in Clause 12(c). “Relevant Requirements” has the meaning given to it in Clause 52(a)(i). “ROB” has the meaning given to it in Clause 11(b). “SAFE” means the State Administration of Foreign Exchange of the People’s Republic of China, or its local branch(es) that has jurisdiction over the registration of cross-border guarantees. “Safety Management Certificate” means a document issued to the Vessel which signifies that the Vessel’s operator and its shipboard management operate in accordance with the approved safety management system. “Second Option Period” has the meaning given to it in Clause 4(a). “Shipbuilding Contract” Means the shipbuilding contract for construction of the Vessel, entered into between Owners and Builder, and

Owning Entity means a Delaware limited liability company that may be established by Lender and Participant pursuant to Section 8 of this Agreement upon the occurrence of the events or circumstances described therein.

Examples of Owning Entity in a sentence

• The undersigned acknowledges that he/she has been informed of and understands the scope of the work which the Road Owning Entity intends to perform on his/her lands for this purpose.

• BACKGROUND: The (Herein referred to as “Road Owning Entity”) and the undersigned have agreed that employees, agents or contractors of Road Owning Entity may enter the undersigned’s land to cut, open, maintain, clean and repair drains and ditches on the undersigned’s lands as deemed necessary by the Road Owning Entity to properly maintain the roads for the benefit of the undersigned and all residents.

• The supervision charges only shall be paid by the Authority to the Utility Owning Entity.

• Each Property Owning Entity shall at all times be classified for U.S. Federal income tax purposes as a disregarded entity and not as a partnership or association taxable as a corporation.

• The Administrative Agent shall have received amended and restated copies of Schedule I, Schedule II and Schedule III incorporating all information required thereunder regarding (i) the Additionally Financed Aircraft or interests therein acquired with such Additional Advances, (ii) each Aircraft Owning Entity and, if applicable, Owner Participant and Owner Trustee related to any such Additionally Financed Aircraft, and (iii) the Lease with respect to each Additionally Financed Aircraft.

• The compensation to be paid to TTC, as applicable, as well as all reimbursements for or in respect of services rendered to the Partnership shall be as provided in the Master Services Agreement, an Owning Entity Agreement, or other applicable agreement forming or covering an Owning Entity.

• Each Property Owning Entity shall not, at any time, (a) be a “publicly traded partnership” within the meaning of Section 7704 of the Internal Revenue Code of 1986, as amended, or (b) be required to file reports pursuant to Sections 12(g) or 15(d) of the Securities Exchange Act of 1934, as amended.

• BACKGROUND: The _________________________ (Herein referred to as “Road Owning Entity”) and the undersigned have agreed that employees, agents or contractors of Road Owning Entity may enter the undersigned’s land to cut, open, maintain, clean and repair drains and ditches on the undersigned’s lands as deemed necessary by the Road Owning Entity to properly maintain the roads for the benefit of the undersigned and all residents.

• On each Payment Date occurring on or after the Conversion Date, the Borrower shall be required to make the principal payments required under the Flow of Funds (including as a result of the allocation and application of Collections derived from the sale or other disposition, voluntary or involuntary, of an Aircraft or Aircraft Owning Entity) in reduction of the aggregate Outstanding Principal Amount to the extent of funds available to make such payments pursuant to the Flow of Funds.

• The supervision charges will be paid by the Authority to the Utility Owning Entity.

More Definitions of Owning Entity

Owning Entity and “Owning Entities” means any Person or Persons, other than Owner, owning a Property, provided that Owner holds, Directly or Indirectly, a Beneficial Interest in such Person or Persons. Reference to the Owning Entities includes each Owning Entity.

Owning Entity means the Continuing Entity, and (e) “Total Property Value” shall mean the sum of the Contribution Value and the outstanding balance of the Loan Obligations.

Owning Entity means any Person or Persons, other than TRG, owning a Development Opportunity or a Regional Center, provided that TRG holds, Directly or Indirectly, a Beneficial Interest in such Person or Persons.

Owning Entity as “Owning Entities”, as applicable, specified on Exhibit D attached hereto next to such Significant Subsidiary owns or collectively own as applicable (of record), 100% of the limited partner interest, limited liability company interest or other equity interest in such Significant Subsidiary. Each such general partner interest, limited partner interest, limited liability company interest and other equity interest has been duly authorized and validly issued in accordance with the Constitutive Documents of the Partnership and each respective Significant Subsidiary, is fully paid (to the extent required under its respective Constitutive Documents) and non-assessable (except (x) with respect to those Significant Subsidiaries that are Delaware limited partnerships, as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act, (y) with respect to those Significant Subsidiaries that are Delaware limited liability companies, as such nonassessability may be affected by Sections 18-607 and 18-804 of the Delaware Limited Liability Company Act (the “Delaware LLC Act”)), or (z) with respect to Manta Ray, as such nonassessability may be affected by Sections 101.206 and 101.613 of the Texas Business Organizations Code, and, in each case, is owned as specified in the two preceding sentences, free and clear of all liens, encumbrances, security interests, charges or claims (i) in respect of which a financing statement under the Uniform Commercial Code of the State of Delaware naming the General Partner or any respective Owning Entity as a “debtor” was on file as of July [●], 2016 in the office of the Secretary of State of the State of Delaware or (ii) otherwise known to us, in the case of (i) and (ii), other than those (A) created under the Delaware LP Act or the Delaware LLC Act, (B) created in connection with the Partnership’s or the Significant Subsidiaries’ credit facilities constituting Partnership SEC Documents, (C) created by the Constitutive Documents of the Partnership Entities, or (D) as disclosed in the Preliminary Prospectus and the Prospectus Supplement.