Business Separation Plan definition

Business Separation Plan means the Business Separation Plan, as amended, filed by REI with the PUCT in accordance with Section 39.051 of the Utilities Code and approved by the PUCT at its open meeting on December 1, 2000 (Docket No. 21956).
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Examples of Business Separation Plan in a sentence

  • It is recognized and understood that high levels of cooperation and assistance will be required between members of the REI Group and the Resources Group in connection with Regulatory Proceedings necessary to implement the Separation and the Business Separation Plan approved by the PUCT and all matters relating to the Genco Option.

  • It is recognized and understood that high levels of cooperation and assistance will be required between members of the CenterPoint Group and the Genco Group in connection with Regulatory Proceedings necessary to implement the Genco Distribution and the Business Separation Plan approved by the PUCT and all matters relating to the Genco Option.

  • The methodology for determining the demarcation between Genco Assets and transmission and distribution assets is set forth in Section D of the Business Separation Plan.

  • The Business Separation Plan shall address the matters set forth on Section 4.17 of the Sellers Disclosure Letter as well as any other matters mutually agreed to by the Parties.

  • In order to implement the Business Separation Plan, effective as of January 1, 2001, all retail electric functions performed by REI shall become the responsibility of Resources, and personnel performing those functions shall become employees of a member of the Resources Group as of that date.

  • For additional information regarding the Business Separation Plan, see Note 4(b).

  • Under our Business Separation Plan, these subsidiaries are the successors to the retail functions formerly performed by Reliant Energy HL&P.

  • Pursuant to the Business Separation Plan, we will restructure our businesses into two separate publicly traded companies in order to separate our unregulated businesses from our rate-regulated businesses.

  • Business Separation Plan" means the Business Separation Plan, as amended, filed by REI with the PUCT in accordance with Section 39.051 of the Utilities Code and approved by the PUCT at its open meeting on December 1, 2000 (Docket No. 21956).

  • SESCO's business separation ▇▇▇▇ ▇▇s included in the TXU Electric Business Separation Plan which contemplated the transfer of SESCO's transmission and dis▇▇▇▇▇▇▇on assets, including its Certificate of Convenience and Necessity (the "CCN"), to an affiliated transmission and distribution utility (the "SESCO BUSINESS SEPARATION PL▇▇").

Related to Business Separation Plan

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • Source separation means the separation of different kinds of solid waste at the place where the waste originates.

  • Business Benefit Plan means each Benefit Plan entered into, maintained, sponsored or contributed to by Seller or any of its Subsidiaries or to which Seller or any of its Subsidiaries has any obligation to contribute, or with respect to which Seller or any of its Subsidiaries has any liability, direct or indirect, contingent or otherwise (including a liability arising out of an indemnification, guarantee, hold harmless or similar agreement), in each case with respect to any Business Employee or Former Business Employee or to any beneficiary or dependent thereof.

  • Master Separation Agreement has the meaning set forth in the recitals.