Common use of Regulation as a Utility Clause in Contracts

Regulation as a Utility. The Seller is an "electric company" within the meaning of Chapter 164 of the Massachusetts General Laws, and a "public utility company" within the meaning of the Holding Company Act.

Appears in 3 contracts

Samples: Asset Sale Agreement (Canal Electric Co), Asset Sale Agreement (Commonwealth Energy System), Asset Sale Agreement (Cambridge Electric Light Co)

AutoNDA by SimpleDocs

Regulation as a Utility. The Seller is an "electric company" ----------------------- within the meaning of Chapter 164 of the Massachusetts General Laws, and a "public utility company" within the meaning of the Holding Company Act.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Boston Edison Co), Purchase and Sale Agreement (Boston Edison Co), Purchase and Sale Agreement (B E C Energy)

AutoNDA by SimpleDocs

Regulation as a Utility. The Seller is an "electric company" within the meaning of Chapter 164 of the Massachusetts General Laws, and is a "public utility subsidiary company" within of a "holding company" which is registered under (and as those terms are defined in) the meaning of the Public Utility Holding Company ActAct of 1935, as amended.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Northeast Generation Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!