Common use of Regulatory Proceedings Clause in Contracts

Regulatory Proceedings. Except as set forth in the Reports, neither the Company nor any of its Subsidiaries, all or part of whose rates or services are regulated by a Governmental Entity, (i) has rates which have been or are being collected subject to refund, pending final resolution of any proceeding pending before a Governmental Entity or on appeal to the courts or (ii) is a party to any proceeding before a Governmental Entity or on appeal from orders of a Governmental Entity which have had or are reasonably likely to result in orders having a Material Adverse Effect.

Regulatory Proceedings. Except as set forth in As of the Reportsdate hereof, neither none of the Company nor any of its Subsidiaries, all or part of whose rates or services are regulated by a Governmental Entity, (i) has rates which have been or are being collected subject to refund, pending final resolution of any material proceeding pending before a Governmental Entity or on material appeal to the courts or (ii) is a party to any material proceeding before a Governmental Entity or on material appeal from orders of a Governmental Entity which have had with respect to such rates or are reasonably likely to result in orders having a Material Adverse Effectservices.