Common use of Rate Matters Clause in Contracts

Rate Matters. The Company’s current rates for the provision of water services have been approved by all necessary governmental authorities, including, without limitation, the Delaware Public Service Commission. There are no pending, nor to the Company’s knowledge, any threatened, proceedings before any governmental authority the objective or result of which is or could be to materially reduce or otherwise materially change adversely any of the Company’s rates for the provision of water services or otherwise have a material adverse effect on the condition, financial or otherwise, operations, properties or business of the Company.

Appears in 3 contracts

Samples: Bond Purchase Agreement (Artesian Resources Corp), Bond Purchase Agreement (Artesian Resources Corp), Bond Purchase Agreement (Artesian Resources Corp)

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Rate Matters. The Company’s 's current rates for the provision of water services have been approved by all necessary governmental authorities, including, without limitation, the Delaware Public Service Commission. There are no pending, nor to the Company’s 's knowledge, any threatened, proceedings before any governmental authority the objective or result of which is or could be to materially reduce or otherwise materially change adversely any of the Company’s 's rates for the provision of water services or otherwise have a material adverse effect on the condition, financial or otherwise, operations, properties or business of the Company.

Appears in 2 contracts

Samples: Bond Purchase Agreement (Artesian Resources Corp), Bond Purchase Agreement (Artesian Resources Corp)

Rate Matters. The Company’s current rates for the provision of water wastewater services have been approved by all necessary governmental authoritiesGovernmental Authorities, including, without limitation, the Delaware Public Service Commission. There are no pending, nor to the Company’s knowledge, any threatened, proceedings before any governmental authority Governmental Authority the objective or result of which is or could be to materially reduce or otherwise materially change adversely any of the Company’s rates for the provision of water services or otherwise have a material adverse effect on the condition, financial or otherwise, operations, properties or business of the CompanyMaterial Adverse Effect.

Appears in 1 contract

Samples: Master Loan Agreement (Artesian Resources Corp)

Rate Matters. The Company’s current rates for the provision of water services have been approved by all necessary governmental authoritiesGovernmental Authorities, including, without limitation, the Delaware Public Service Commission. There are no pending, nor to the Company’s knowledge, any threatened, proceedings before any governmental authority Governmental Authority the objective or result of which is or could be to materially reduce or otherwise materially change adversely any of the Company’s rates for the provision of water services or otherwise have a material adverse effect on the condition, financial or otherwise, operations, properties or business of the CompanyMaterial Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Artesian Resources Corp)

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Rate Matters. The Company’s 's current rates for the provision of water services have been approved by all necessary governmental authoritiesGovernmental Authorities, including, without limitation, the Delaware Public Service Commission. There are no pending, nor to the Company’s 's knowledge, any threatened, proceedings before any governmental authority Governmental Authority the objective or result of which is or could be to materially reduce or otherwise materially change adversely any of the Company’s 's rates for the provision of water services or otherwise have a material adverse effect on the condition, financial or otherwise, operations, properties or business of the CompanyMaterial Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Artesian Resources Corp)

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