Unit 1 Owners definition

Unit 1 Owners means ERGS SC and each other Person that becomes a Unit 1 Owner in accordance with the terms and conditions of the Unit 1 Ownership Agreement.
Sample 1Sample 2
Unit 1 Owners shall have the meaning specified in the Recitals to this Agreement.
Sample 1
Unit 1 Owners means Lessor and each other Person that acquires a tenancy in common interest in the Facility.
Sample 1

Examples of Unit 1 Owners in a sentence

  • The Unit 1 Owners also presently own as tenants in common, each with an undivided ownership interest, the Initial Iatan Station Site.

  • The Unit 2 Owners intend to construct and own (in common with the Unit 1 Owners as provided herein) certain enhancements and improvements to the Existing Common Facilities in order to facilitate the joint operation of Unit 1 and Unit 2 (such enhancements and improvements, as more fully described in Exhibit D, the “Common Facilities Upgrades” and, together with the Existing Common Facilities, the “Common Facilities”).

  • The Unit 1 Owners have set forth their agreement with respect to Xxxx 0, the Initial Iatan Station Site, and certain common facilities in the Iatan Station Ownership Agreement dated July 31, 1978 (the “Iatan Unit 1 Ownership Agreement”).

  • The Unit 1 Owners own certain common facilities now in existence and serving Unit 1 (as more fully described in Exhibit C, but excluding any existing fuel inventory for Unit 1, the “Existing Common Facilities”) that are anticipated to be capable of joint utilization by and for Xxxx 0, Xxxx 0 and any Additional Units (as hereinafter defined).

  • In addition, the Project Manager shall notify the Unit 1 Owners of any performance tests with respect to any of the Guaranteed Criteria to be performed under the EPC Agreement at least five days prior to the initiation of such tests.

  • In addition, each of the Unit 1 Owners agrees that its respective Lenders, if any, shall not be mortgagees under any insurance coverages obtained pursuant to Sections 9.1(a) and 9.1(b).

  • Except as provided in the first sentence of Section 9.2(b), the Unit 1 Owners shall determine the date on which to retire permanently Unit 1 by a vote of the Unit 1 Owners pursuant to Article XI.

  • The Parties acknowledge and agree that for purposes of Section 12.2(c), the withdrawing Unit 1 Owners shall have the burden of proof to establish that ERGS SC knowingly or recklessly misrepresented any information in a material respect.

  • If any Unit 1 Owner fails to pay any amounts pursuant to Section 6.2 when due and payable under this Agreement (“Late Costs and Expenses”), then the Project Manager shall provide written notice thereof to the Unit 1 Owners.

  • The Unit 1 Owners under the Ownership Agreement are intended third-party beneficiaries of this Agreement.


More Definitions of Unit 1 Owners

Unit 1 Owners means Lessor and each other Party that acquires a tenancy-in-common interest in the Unit 1 Facility.
Sample 1
Unit 1 Owners means Lessor and each other Party that acquires a tenancy-in- common interest in the Unit 1 Facility.
Sample 1

Related to Unit 1 Owners

  • Unit Owners shall according to the context, mean all purchasers and/or intending purchasers of different Flats / apartments / Units in the Buildings and shall also include the Builder in respect of such Flats / apartments / Units which are retained and/or not alienated and/or not agreed to be alienated for the time being by the Vendors and/or the Builder.

  • Co-owners means (a) all the allottees of Units in the Building Complex excepting those who (i) have either not been delivered possession of any Unit or (ii) have not got the conveyance deed in respect of any Unit to be executed and registered in their favour; and (b) for all Units which are not alienated by execution of deed of conveyance or whose possession are not parted with by the Vendor or the Promoter, shall mean the Promoter or the Vendor, as the case may be.

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.

  • Class B operator means the individual who has day-to-day responsibility for implementing applicable regulatory requirements established by the department. The Class B operator typically implements in-field aspects of operation, maintenance, and associated record keeping for the UST systems.

  • Class C operator means the individual responsible for initially addressing emergencies presented by a spill or release from an UST system. The Class C operator typically controls or monitors the dispensing or sale of regulated substances.

  • Co-owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.

  • Class A operator means an individual who has primary responsibility to operate and maintain the underground storage tank system in accordance with applicable requirements established by the department. The class A operator typically manages resources and personnel, such as establishing work assignments, to achieve and maintain compliance with regulatory requirements.

  • Generation Owner means a Member that owns, leases with rights equivalent to ownership, or otherwise controls and operates one or more operating generation resources located in the PJM Region. The foregoing notwithstanding, for a planned generation resource to qualify a Member as a Generation Owner, such resource shall have cleared an RPM auction, and for Energy Resources, the resource shall have a FERC-jurisdictional interconnection agreement or wholesale market participation agreement within PJM. Purchasing all or a portion of the output of a generation resource shall not be sufficient to qualify a Member as a Generation Owner. For purposes of Members Committee sector classification, a Member that is primarily a retail end- user of electricity that owns generation may qualify as a Generation Owner if: (1) the generation resource is the subject of a FERC-jurisdictional interconnection agreement or wholesale market participation agreement within PJM; (2) the average physical unforced capacity owned by the Member and its affiliates over the five Planning Periods immediately preceding the relevant Planning Period exceeds the average PJM capacity obligation of the Member and its affiliates over the same time period; and (3) the average energy produced by the Member and its affiliates within PJM over the five Planning Periods immediately preceding the relevant Planning Period exceeds the average energy consumed by the Member and its affiliates within PJM over the same time period. Generation Resource Maximum Output:

  • Class A Members means those Members who have purchased Class A Interests.

  • Consenting working interest owner means any working interest owner who enters into an agreement with Ascent pertaining to the operation of the Scout W SHC HR Unit.

  • Class I renewable energy means electric energy produced from

  • Unit Holders means all Unit Holders.

  • Participating Entities and “Participating Entity” are defined on the Coversheet.

  • auxiliary member means a person (non-citizen) who has been admitted to auxiliary membership of the Teaching Service.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Working interest owner means a person or the estate of a person who owns an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense. “Working interest owner” does not include an unleased mineral owner.

  • flight crew member means a licensed crew member charged with duties essential to the operation of an aircraft during a flight duty period;

  • The Owners means the party identified in Box 3;

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Limited Partners means all such Persons.

  • Association of unit owners means all of the unit owners:

  • Marine terminal means a public or private commercial wharf

  • Owners means the party identified in Box 2.

  • Capitol hill complex means the grounds and buildings within the area bounded by 300 North Street, Columbus Street, 500 North Street, and East Capitol Boulevard in Salt Lake City.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.