Common use of Regulation as a Utility Clause in Contracts

Regulation as a Utility. Seller is a public utility company within the meaning of the Holding Company Act. Except as set forth in Section 2.19 of the Disclosure Schedule, Seller is not subject to regulation as a public utility or public service company (or similar designation) by the United States, any state of the United States, any foreign country or any municipality or any political subdivision of the foregoing.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Pp&l Resources Inc), Asset Purchase Agreement (Pp&l Inc), Asset Purchase Agreement (Montana Power Co /Mt/)

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Regulation as a Utility. The Seller is a public utility company within the meaning of the Holding Company Act. Except as set forth in Section 2.19 of the Disclosure Schedule, The Seller is not subject to regulation as a public utility or public service company (or similar designation) by the United States, any state of the United States, any foreign country or any municipality or any political subdivision of the foregoing.

Appears in 1 contract

Samples: Asset Sales Agreement (Orion Power Holdings Inc)

Regulation as a Utility. (1) . Seller is regulated as a public utility company within in the meaning United States and the States of the Holding Company ActIllinois, Iowa and Minnesota. Except as set forth provided in Section 2.19 of the Disclosure Scheduleprevious sentence, Seller is not subject to regulation as a public utility or public service company (or similar designation) by the United States, any state State of the United States, any foreign country or any municipality or any political subdivision of the foregoing.

Appears in 1 contract

Samples: Asset Sale Agreement (Interstate Power & Light Co)

Regulation as a Utility. The Seller is a public utility company within the meaning of the Holding Company Act. Except as set forth in Section 2.19 of on Schedule 5.14, the Disclosure Schedule, Seller is not subject to regulation as a public utility or public service company (or similar designation) by the United States, any state of the United States, any foreign country or any municipality or any political subdivision of the foregoing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Baycorp Holdings LTD)

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Regulation as a Utility. The Seller is a public utility company within the meaning of the Holding Company Act. Except as set forth in Section 2.19 of on Schedule 5.17, the Disclosure Schedule, Seller is not subject to regulation as a public utility or public service company (or similar designation) by the United States, any state of the United States, any foreign country or any municipality or any political subdivision of the foregoing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Somerset Power LLC)

Regulation as a Utility. Seller is regulated as a public utility company within in the meaning United States and the States of the Holding Company ActIllinois, Iowa and Minnesota. Except as set forth provided in Section 2.19 of the Disclosure Scheduleprevious sentence, Seller is not subject to regulation as a public utility or public service company (or similar designation) by the United States, any state State of the United States, any foreign country or any municipality or any political subdivision of the foregoing.

Appears in 1 contract

Samples: Asset Sale Agreement (ITC Holdings Corp.)

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