Common use of Not a Holding Company Clause in Contracts

Not a Holding Company. Neither the Company nor any Subsidiary is and, after giving effect to the offering and sale of the Securities, neither will be a “holding company” or a “subsidiary company” of a “holding company” or an “affiliate” of a “holding company” or of a “subsidiary company,” as such terms are defined in the Public Utility Holding Company Act of 1935, as amended.

Not a Holding Company. Neither the The Company nor any Subsidiary is not and, after giving effect to the offering and sale of the SecuritiesUnits, neither nor will it be a “holding company” or a “subsidiary company” of a “holding company” or an “affiliate” of a “holding company” or of a “subsidiary company,” as such terms are defined in the Public Utility Holding Company Act of 1935, as amended.

Not a Holding Company. Neither the Company nor any Subsidiary is and, after giving effect to the offering and sale of the SecuritiesShares, neither will be a “holding company” or a “subsidiary company” of a “holding company” or an “affiliate” of a “holding company” or of a “subsidiary company,” as such terms are defined in the Public Utility Holding Company Act of 1935, as amended.