Operating Member definition

Operating Member means, in relation to a consortium Bidder, the member of such consortium who fulfills the criteria set forth in Clause 1.2.2 of Section II-A.

Operating Member is defined in Section 2.03(a).

Operating Member. – means the Bidder itself if it is a single firm, or a member of the Bidder consortium designated by the Bidder and pre-qualified by Bangladesh Power Development Board (BPDB) as a member having experience in the operation and maintenance of Wind System.

Examples of Operating Member in a sentence

• NEW SUNCADIA, LLC, a Delaware limited liability company By: Suncadia Operating Member, LLC a Delaware limited liability company, Its Managing Member By: LDD Suncadia Manager, Inc.

• Copies of any material notices or other matters received by the Company shall be promptly delivered by the Operating Member to the Members.

• The Operating Member shall cause to be kept, at the principal office of the Company, or at such other location as the Management Committee shall reasonably deem appropriate, full and proper ledgers, other books of account, and records of all receipts and disbursements, other financial activities, and the internal affairs of the Company for at least the current and past four (4) Fiscal Years.

• In addition, upon the request of any Member, the Operating Member shall prepare estimates of the projected federal, state and local taxable income of the Company, and the portion thereof allocable to each Member, within a reasonable time period specified by the Member prior to the end of each tax year.

• The Operating Member shall permit the officers, agents and representatives of the Paladin REIT (including its attorneys and accountants) to have unfettered access to such financial and other information for the Company at such times as such officer, agent or representatives may reasonably request to enable the Paladin REIT to obtain the information required in order to timely comply with such reporting requirements.

More Definitions of Operating Member

Operating Member means Barrick Member managing Operations for Nevada JV pursuant to Section 4.1 or a replacement appointed pursuant to Section 4.11.

Operating Member shall have the meaning provided in the Recitals.

Operating Member. – means the Bidder itself if it is a single firm, or a member of the Bidder consortium designated by the Bidder and pre-qualified by Bangladesh

Operating Member means, in relation to a consortium Bidder, the member of such consortium who fulfils the criteria set forth in Sub-section 1.2.2 of Section II.

Operating Member means, as of any particular time, the Member that is the Operator or whose Affiliate is the Operator.

Operating Member means the Member designated as such by written resolution of the Members pursuant to Section 8.1.1 and Section 8.2, subject to the provisions of Section 5.4.8 and 8.9 with respect to its removal or withdrawal from such position. (oo) "Percentage Interest" shall mean the Initial Percentage Interest or Adjusted Percentage Interest, as the case may be.

Operating Member is a full-time Llcco employee and shareholder;