Common use of Status Under Certain Federal Statutes Clause in Contracts

Status Under Certain Federal Statutes. No Related Person is (a) a “public utility,” as such term is defined in the Federal Power Act, as amended, (b) an “investment company,” or a company “controlled” by an “investment company,” within the meaning of the Investment Company Act of 1949, as amended or (c) a “rail carrier,” or a “person controlled by or affiliated with a rail carrier,” within the meaning of Title 49, U.S.C., and no Related Person is a “carrier” to which 49 U.S.C. §l1301(b)(1) is applicable.

Appears in 4 contracts

Samples: Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc), Security Agreement (M I Homes Inc)

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Status Under Certain Federal Statutes. No Related Person is (a) a "public utility," as such term is defined in the Federal Power Act, as amended, (b) an "investment company," or a company "controlled" by an "investment company," within the meaning of the Investment Company Act of 1949, as amended or (c) a "rail carrier," or a "person controlled by or affiliated with a rail carrier," within the meaning of Title 49, U.S.C., and no Related Person is a "carrier" to which 49 U.S.C. §l1301(b)(1) is applicable.

Appears in 2 contracts

Samples: Security Agreement (M I Homes Inc), Credit Agreement (M I Homes Inc)

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