Examples of Affiliated Owners in a sentence
No consent, waiver, approval or authorization is required from any Person in connection with the execution and delivery of this Agreement by Contributor or the Affiliated Owners or the performance by Contributor or the Affiliated Owners of the transactions contemplated hereby except for such consents, waivers, approvals or authorizations as will be obtained prior to Closing.
ENERGEX proposes to retain a Revenue Cap control mechanism for shared network services, which account for the majority of the existing revenue-capped services but has proposed some changes to the regulatory framework which are individually discussed in relation to impact.
As a result, the transfer of ownership interests in the Somerset and Cayuga Facilities to NewCo is approved, pursuant to PSL §70(1), and the acquisition of more than 10% of the stock in NewCo by each of the NewCo Affiliated Owners is also approved, pursuant to PSL §70(4).
None of Contributor, the Affiliated Owners and the Property is in the hands of a receiver nor is an application pending for a receiver for Contributor, the Affiliated Owners or the Property.
Except as previously disclosed to the Partnership by Contributor or as indicated on Exhibit 8.1(e), as of the Effective Date, there are no actions, suits, arbitrations, governmental investigations or other proceedings pending and served or, to Contributor’s knowledge, threatened or pending but not yet served against Contributor, the Affiliated Owners or the Property before any court or Authority, except for mechanic’s liens disclosed on the Title Commitment.
No consents or approvals for the transactions herein contemplated are required to be obtained by Contributor or the Affiliated Owners from any third parties or any Authority.
Neither Contributor nor any of the Affiliated Owners is a “foreign person” or “foreign corporation” as those terms are defined in the Code and the Treasury Regulations promulgated thereunder.