Common use of Regulation of Parties Clause in Contracts

Regulation of Parties. The Borrower is not nor will it be, solely as a result of its participation in the transactions contemplated hereby or by any other Project Document, or as a result of the ownership, use or operation of the Facility, subject to regulation by any Governmental Instrumentality of the United States as a "public utility," an "electric utility," an "electric utility holding company" or a "public utility holding company." The Borrower is not subject to regulation as a "subsidiary company" or an "affiliate" of a "holding company" under (and as defined in) PUHCA.