Common use of Regulated Entities Clause in Contracts

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Subsidiary or any Person controlling any Credit Party, or any Subsidiary of any Credit Party, such Person is (a) an “investment company” or required to be registered as an “investment company” within the meaning of the Investment Company Act of 1940 1940; or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule statute or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) required to be registered as an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal Federal, Canadian, state, provincial or state territorial statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Restricted Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to or, if subject to, not exempt from, regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, Party or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Note Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents1940.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit PartySubsidiary, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary Affiliate of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 1940; or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “"investment company” " within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit PartyParty (other than Tandy Life Insurance Company), is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any No Credit Party, any no Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment companyInvestment Company” within the meaning of the Investment Company Act of 1940 or (b) 1940. No Credit Party is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, any state public utilities codecode or law, or any other Federal federal, state or state statute, rule foreign statute or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documentsindebtedness.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any the Credit Party, any Person Parties and the Persons controlling any the Credit Party, or any Subsidiary of any Credit Party, Parties is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal, state, provincial, territorial, local or state foreign statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan DocumentsNote Purchase Documents to which it is party.

Regulated Entities. None of any No Credit Party, any Person controlling any Credit Party, Party or any Subsidiary of any Credit Party, is (a) is or is required to be registered as an “investment company” within the meaning of the Investment Company Act of 1940 1940, as amended or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any No Credit Party, any no Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment companyInvestment Company” (i) within the meaning of the Investment Company Act of 1940 or and (bii) required to be registered as such thereunder. No Credit Party is subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities codecode or law, or any other Federal federal, state or state statute, rule foreign statute or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documentsindebtedness.

Regulated Entities. None of any No Credit Party, any no Person controlling any Credit Party, or nor any Restricted Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Transaction Documents.

Regulated Entities. None of any No Credit Party, any no Person controlling any Credit Party, or nor any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal, state, provincial, territorial, local or state foreign statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, Party or any Subsidiary of any Credit Party, is (a) registered as an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Documents.

Regulated Entities. None of any No Credit Party, any no Person controlling any Credit Party, or nor any Domestic Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation or Canadian federal law or provincial, local or foreign law limiting its ability to incur IndebtednessDebt, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 1940, as amended, or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Transaction Documents.

Regulated Entities. None of any No Credit Party, any no Person controlling any Credit Party, or nor any Subsidiary of any Credit Party, is (a) an “"investment company” " within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal, state, provincial, territorial, local or state foreign statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.Commerce

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “"investment company” " within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, Party or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other foreign, Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any No Credit Party, any no Person controlling any Credit Party, or nor any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Documents.

Regulated Entities. None of any the Credit PartyParties, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment companyInvestment Company” within the meaning of the Investment Company Act of 1940 or (b) 1940. The Credit Parties are not subject to regulation under the Public Utility Holding Company Act of 2005, the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule statute or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Partythe Borrower’s Subsidiaries, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, any Canadian federal, provincial, territorial, local or foreign statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any No Credit Party, any no Person controlling any Credit Party, or nor any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations under the Loan Documents.

Regulated Entities. None of any No Credit Party, nor any Person controlling any Credit Party, or any Domestic Material Subsidiary of any Credit Party, is (a) required to register as an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Documents.

Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary Affiliate of any Credit Party, is (a) an “"investment company” " within the meaning of the Investment Company Act of 1940 1940; or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any other Federal federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its Obligations obligations under the Loan Documents.