Absence of Regulation. None of the Purchasers is subject to regulation as an "electric utility company," "public utility company" or "holding company" under the Public Utility Holding Company Act of 1935, as amended. None of the Purchasers is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or an "investment advisor" within the meaning of the Investment Company Act of 1940, as amended.
Appears in 4 contracts
Samples: Sale and Purchase Agreement, Sale and Purchase Agreement (Ormat Funding Corp.), Sale and Purchase Agreement (Ormat Funding Corp.)
Absence of Regulation. None of the Purchasers is subject to regulation as an "electric utility company," ", "public utility company" or "holding company" under the Public Utility Holding Company Act of 1935, as amended. None of the Purchasers is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or an "investment advisor" within the meaning of the Investment Company Act of 1940, as amended.
Appears in 1 contract
Samples: Brady Unit (Ormat Funding Corp.)
