Common use of Ownership of NU Common Shares Clause in Contracts

Ownership of NU Common Shares. As of the date of this Agreement, neither CEI nor, to its knowledge, any of its affiliates, (i) beneficially owns (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, or (ii) is party to any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of, in each case, shares of equity interest of NU or other securities convertible into shares of equity interest of NU, except for such shares as may be held by trustees of pension, employee benefit, nuclear decommissioning, spent fuel or similar trusts, the investment management of which is carried out by non-affiliates under contract with affiliates of CEI.

Appears in 2 contracts

Samples: Merger Agreement (Consolidated Edison Inc), Agreement and Plan of Merger (Consolidated Edison Inc)

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Ownership of NU Common Shares. As of the date of this Agreement, neither CEI nor, to its knowledge, any of its affiliates, (i) beneficially owns (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, or (ii) is party to any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of, in each case, shares of equity interest of NU or other securities convertible into shares of equity interest of NU, except for such shares as may be held by trustees of pension, employee benefit, nuclear decommissioning, spent fuel or similar trusts, the investment management of which is carried out by non-non- affiliates under contract with affiliates of CEI.

Appears in 2 contracts

Samples: Merger Agreement (Northeast Utilities System), Agreement and Plan of Merger (Northeast Utilities System)

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