Common use of Operations of Nuclear Power Plant Clause in Contracts

Operations of Nuclear Power Plant. The operation of the nuclear generation plant (the "NUCLEAR FACILITY") wholly owned by the Company is being conducted in substantial compliance with current laws and regulations governing nuclear plant operations, except for such failures to comply as would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. Except as would not reasonably be expected to have a Company Material Adverse Effect, (a) the Nuclear Facility maintains and is in substantial compliance with emergency evacuation plans as required by the laws and regulations governing nuclear plant operations and (b) as of the date of this Agreement, the storage of spent nuclear fuel and the plans for the decommissioning of the Nuclear Facility substantially conform with the requirements of applicable law.

Appears in 2 contracts

Samples: Merger Agreement (Energy East Corp), Merger Agreement (RGS Energy Group Inc)

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Operations of Nuclear Power Plant. The To the knowledge of the Parent, the operation of the nuclear generation plant (the "NUCLEAR FACILITYNuclear Facility") wholly currently partially owned by the Company Parent is being conducted in substantial compliance with current laws and regulations governing nuclear plant operations, except for such failures to comply as would not reasonably be expected to havenot, individually or in the aggregate, have a Company Parent Material Adverse Effect. Except To the best of the Parent's knowledge and except as would not reasonably be expected to have a Company Parent Material Adverse Effect, (a) the Nuclear Facility maintains and is in substantial compliance with emergency evacuation plans as required by the laws and regulations governing nuclear plant operations and (b) as of the date of this Agreement, the storage of spent nuclear fuel and the plans for the decommissioning of the Nuclear Facility substantially conform conforms with the requirements of applicable law.

Appears in 2 contracts

Samples: Merger Agreement (CTG Resources Inc), Merger Agreement (Energy East Corp)

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Operations of Nuclear Power Plant. The To the knowledge of the Parent, the operation of the nuclear generation plant (the "NUCLEAR FACILITYNuclear Facility") wholly currently partially owned by the Company Parent is being conducted in substantial compliance with current laws and regulations governing nuclear plant operations, except for such failures to comply as would not reasonably be expected to havenot, individually or in the aggregate, have a Company Parent Material Adverse Effect. Except To the best of the Parent's knowledge and except as would not reasonably be expected to have a Company Parent Material Adverse Effect, (ai) the Nuclear Facility maintains and is in substantial compliance with emergency evacuation plans as required by the laws and regulations governing nuclear plant operations and (bii) as of the date of this Agreement, the storage of spent nuclear fuel and the plans for the decommissioning of the Nuclear Facility substantially conform conforms with the requirements of applicable law.

Appears in 1 contract

Samples: Merger Agreement (Energy East Corp)

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