Common use of Operations of Nuclear Power Plant Clause in Contracts

Operations of Nuclear Power Plant. To the knowledge of the Parent, the operation of the nuclear generation plant (the "Nuclear Facility") currently partially owned by the 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, individually or in the aggregate, have a Parent Material Adverse Effect. To the best of the Parent's knowledge and except as would not reasonably be expected to have a 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 conforms with the requirements of applicable law.

Appears in 2 contracts

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

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Operations of Nuclear Power Plant. To the knowledge of the Parent, the The operation of the nuclear generation plant (the "Nuclear FacilityNUCLEAR FACILITY") currently partially wholly owned by the Parent Company is being conducted in substantial compliance with current laws and regulations governing nuclear plant operations, except for such failures to comply as would notnot reasonably be expected to have, individually or in the aggregate, have a Parent Company Material Adverse Effect. To the best of the Parent's knowledge and except Except as would not reasonably be expected to have a Parent 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 conforms conform with the requirements of applicable law.

Appears in 2 contracts

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

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Operations of Nuclear Power Plant. To the knowledge of the Parent, the operation of the nuclear generation plant (the "Nuclear Facility") currently partially owned by the 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, individually or in the aggregate, have a Parent Material Adverse Effect. To the best of the Parent's knowledge and except as would not reasonably be expected to have a 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 conforms with the requirements of applicable law.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Energy East Corp)

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