Operating Tenant definition

Operating Tenant means the tenant under the Operating Lease.

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Operating Tenant means any Person who is a lessee with respect to the Facility Operating Leases or any other lease of an entire Borrowing Base Asset held by any Borrower as lessor or as an assignee of the lessor thereunder.

Operating Tenant means the tenants under the Operating Leases, as more specifically set forth on Schedule XII attached hereto.

Examples of Operating Tenant in a sentence

Borrower, Operating Tenant and, if applicable, each General Partner, have not at any time since their formation made, and will not make, loans to its partners, members or shareholders or any predecessor company, corporation or partnership, each as applicable, or any Affiliates of any of such Persons.
Notwithstanding anything to the contrary contained in this Section 2.02(g), provided Borrower or Operating Tenant, as applicable, is a Delaware single member limited liability company which satisfies the single purpose bankruptcy remote entity requirements of each Rating Agency for a single member limited liability company, the foregoing provisions of this Section 2.02(g) shall not apply to the General Partner.
Borrower, Operating Tenant and, if applicable, each General Partner, have not at any time identified themselves, and will not identify themselves, as being a division of any other Person.
The Operating Tenant is directly or indirectly, wholly owned and controlled by the Operating Partnership.
None of Borrower, Operating Tenant nor, if applicable, any General Partner has acquired nor will acquire any business or assets from, or capital stock or other ownership interest of, or be a party to any acquisition of, any Person (other than, with respect to General Partner, if applicable, its interest in Borrower and Operating Tenant).

Operating Tenant has the meaning ascribed thereto in the Recitals.

Operating Tenant means, individually and collectively, the tenant under each Operating Lease.

Operating Tenant means Starwood, as tenant under the Operating Lease.

Operating Tenant means Vail Food Services, Inc., a Colorado corporation.

Operating Tenant means Marriott Hotel Services, Inc., a Delaware corporation and wholly owned subsidiary of Marriott International Inc., as lessee and operator of the Hotel.

Operating Tenant means ShopKo Stores Operating Co., LLC.

Operating Tenant means (a) CSL – C▇▇▇▇▇▇▇, LLC, an Oregon limited liability company, and (b) any successor operating tenant of the Project approved by Administrative Agent or expressly permitted under this Agreement.