Operational Contracts definition

Operational Contracts means agreements pertaining to the conduct of the business operations of the Company and its Subsidiaries, including (without limitation) leases, operating agreements, concession agreements, franchise agreements, licensing agreements, joint venture agreements, noncompetition agreements and other agreements or contractual arrangements.
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Operational Contracts means all contracts and agreements that are reasonably necessary to own, explore, develop, operate, maintain or use the Oil and Gas Interests of a Person in the manner in which they are currently being owned, explored, developed, operated, maintained or used, and in accordance with the prudent practices of the oil and gas industry.
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Operational Contracts means certain day-to-day operational and trading contracts of African Bank specified in the Sale of Business Agreement, as determined by the Curator, including the Insurance Funding Facility and the Hedging Arrangements (but specifically excluding any other hedging or facility agreements);
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Examples of Operational Contracts in a sentence

  • Within three (3) business days after the Escrow Opening Date, Seller shall attach a detailed and itemized list of all items requested and delivered pursuant to the heading "Operational Contracts" of the Due Diligence Request List (collectively, the "Contracts") as EXHIBIT C, which is incorporated herein by reference.

  • Subject to Section 4 hereof, Seller shall, at Closing, ---------- assign and transfer to Buyer, and Buyer shall assume and agree to perform all Operational Contracts pursuant to the Assignment and Assumption of Operational Contracts.

  • The Company will not incur any liabilities due to its breach of or failure to perform under any Operational Contract during the Transition Period; the Operational Contracts do not include any exclusive, non-competition or restriction provisions limiting or preventing the Company in any aspects from conducting its business as presently conducted or entering into agreement with any third party on terms and conditions desired by the Company.

  • To the extent any Operational Contract exists which is not included on the Schedule of Operational Contracts, Buyer shall have no obligation to assume the liability for such omitted Operational Contract.

  • The Sellers have provided true, complete and accurate copies of all Operational Contracts to the Purchaser.

  • All Tangible Personal Property -------------------------- (other than those covered by the Operational Contracts) and all Supply Inventories have been fully paid for and are owned by Seller free and clear of all liens and encumbrances.

  • To the extent that the terms and provisions of this Agreement are in conflict with or are inconsistent with the terms and provisions of the Assignment and Assumption of Leases and Security Deposits, Assignment and Assumption of Operational Contracts, Assignment and Assumption of Intangible Personal Property, the terms and provisions of this Agreement shall control, notwithstanding that the previously enumerated closing documents were executed and delivered after the Effective Date of this Agreement.


More Definitions of Operational Contracts

Operational Contracts means those agreements and contracts to which the Corporation is a party relating to the ongoing infrastructure, operations and day-to-day management of the Corporation's business and which are necessary to operate the Corporation's business as presently operated, all of which are listed and described in Schedule 1.1(aaa);
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Operational Contracts means all right, title and interest of Seller, if any, in and to any and all contracts, purchase orders, service contracts, equipment leases, maintenance contracts, utility contracts, billboard contracts or billboard leases, travel agency agreements, telephone service agreements, and other agreements pertaining to the ownership, operation and maintenance of the Real Property, the Improvements and/or the Tangible Personal Property, excluding the Marriott License Agreement, the Radisson License Agreement (Atlanta), the Radisson License Agreement (Orlando), the Hotel Management Agreement and the Office Management Agreement. A list of the Operational Contracts in existence as of the Effective Date is set forth in Exhibit D.
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Related to Operational Contracts

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • Financial Contracts means any arrangement that:

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Project Contract means a Project Contract as such term is defined in the RfP; “Proposal” means a Proposal as such term is defined in the RfP;

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • IT Contracts means all material agreements or arrangements (whether or not in writing and including those currently being negotiated) under which any third party (including, without limitation, any source code deposit agent) provides or will provide any element of, or services relating to, the IT Systems, including leasing, hire purchase, licensing, maintenance, website hosting, outsourcing, security, back-up, disaster recovery, insurance, cloud computing and other types of services agreements.

  • Material Contracts has the meaning set forth in Section 3.09(a).

  • Construction Plans means plans, drawings, specifications and related documents, and construction schedules for the construction of the Project, together with all supplements, amendments or corrections, submitted by the Developer and approved by the City in accordance with this Agreement.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Seller Contracts means all Contracts (i) relating to the Business under which Seller has or may acquire any rights or benefits, (ii) relating to the Business under which Seller has or may become subject to any obligation or Liability or (iii) by which any of the Purchased Assets or Assumed Liabilities is or may become bound.

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Project Documents means all documents relating to the Construction Loan, Mortgage Loan and Construction Contract. It shall also include all documents required by any governmental agency having jurisdiction over the Apartment Housing in connection with the development, construction and financing of the Apartment Housing, including but not limited to, the approved Plans and Specifications for the development and construction of the Apartment Housing.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • Financial Contract of a Person means (i) any exchange-traded or over-the-counter futures, forward, swap or option contract or other financial instrument with similar characteristics or (ii) any Rate Management Transaction.

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Central Contracts and Legal Services means the DSHS central headquarters contracting office, or successor section or office.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Project Agreements means collectively, this Concession Agreement, the Financing Documents, Construction Agreements and Operation & Maintenance Agreements, in each case as amended, supplemented or otherwise modified from time to time and any other agreements or contract that may be entered into by the Concessionaire with any person in connection with matters relating to, arising out of or incidental to the Project.

  • Governmental contract means a contract awarded by a govern- mental entity for general construction, an improvement, a service, or a public works project or for a purchase of supplies, materials, or equipment. The term includes a contract to obtain professional ser- vices subject to Government Code 2254. Gov’t Code 2252.151(3)

  • Original contractor means a person, including an owner-builder, that contracts with an owner to provide preconstruction service or construction work.