Common use of Public Utility Regulatory Borrowing Limits Clause in Contracts

Public Utility Regulatory Borrowing Limits. The Borrower shall not incur actual borrowings or commitments or issued and outstanding debt of the Borrower in excess of the amount authorized by statute or by orders of public utility commissions, as in effect from time to time.

Appears in 11 contracts

Samples: Credit Agreement (Avista Corp), Term Loan Credit Agreement (Avista Corp), Credit Agreement (Avista Corp)

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Public Utility Regulatory Borrowing Limits. The Borrower shall not incur Incur actual borrowings or commitments or issued and outstanding debt of the Borrower in excess of the amount authorized (i) by statute or without necessity of public utility commission approval and/or (ii) by orders of public utility commissions, as in effect from time to time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Avista Corp)

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