Nonqualified Decommissioning Funds. (a) The Nonqualified Decommissioning Fund of such Seller is a trust validly existing under the Laws of the State of New Hampshire with all requisite authority to conduct its affairs as it now does. The Nonqualified Decommissioning Fund of such Seller is in compliance in all material respects with applicable rules and regulations of any Governmental Authority having jurisdiction (including, without limitation, the NRC, the NDFC, the NHPUC, the DPUC, the FERC, the MDTE, the RIPUC, the VTPSB and the IRS).
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Uil Holdings Corp), Purchase and Sale Agreement (New England Power Co), Purchase and Sale Agreement (Baycorp Holdings LTD)
