Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.
Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.
Managing entity means the managing agent or, if there is no managing agent, the time-share
Merging entity means an entity that is a party to a merger and exists immediately before the merger becomes effective.
holding entity means a person that is controlled by an individual;