Domestic Utility Business definition

Domestic Utility Business means the regulated electric and natural gas assets and businesses owned and operated by the Borrower in the United States.
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Domestic Utility Business means the regulated electric and natural gas assets and businesses owned and operated by the Company in the United States. EBITDA means, for any period, the total of the following calculated without duplication: (a) Consolidated Net Income (or loss) of the Domestic Utility Business and the Telecommunications Business for such period plus (b)(i) Consolidated Interest Expense, (ii) Federal, state, county and local income and franchise Taxes, and (iii) depreciation, amortization, unallocated corporate costs and other non-cash charges, in each case, of such Domestic Utility Business and the Telecommunications Business for such period, but only to the extent deducted in the determination of Consolidated Net Income of the Domestic Utility Business and the Telecommunications Business for such period less (c) all expenses of the Company not related to the Domestic Utility Business, the Telecommunications Business or the business conducted by Aquila Merchant Services, Inc. and its Subsidiaries (except excluding (x) extraordinary gains and losses, (y) $8,500,000 of payments in connection with the recombination of the Company and Aquila Merchant Services, Inc. and (z) fees and expenses related to the Amendment No. 1 to the Retired Credit Agreement). NY3 - 380504.07 Eligible Assignee means (i) a Lender; (ii) an Approved Fund; (iii) a commercial bank organized under the laws of the United States of America, or any State thereof, and having total assets in excess of $250,000,000; (iv) a savings association or savings bank organized under the laws of the United States of America, or any State thereof, and having total assets in excess of $250,000,000; (v) a finance company, insurance company or other financial institution or fund (whether a corporation, partnership, trust or other entity) that is engaged in making, purchasing or otherwise investing in commercial loans (or a size similar to the Loans) in the ordinary course of its business and having (together with its affiliates) total assets in excess of $250,000,000; and (vi) any other Person approved by the Agent; provided, however, that neither the Company nor any affiliate thereof shall qualify as an Eligible Assignee under this definition. Eligible Receivable means, at any time, a Receivable:
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Domestic Utility Business means the regulated electric and natural gas transmission and distribution assets and businesses owned and operated by the Borrower in the United States.
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Examples of Domestic Utility Business in a sentence

  • Except in connection with sale of assets permitted pursuant to Section 5.02(g), maintain ownership, directly (and not through any Subsidiary), of all or substantially all of the assets of the Domestic Utility Business.

  • Utilize the proceeds of the Loans solely to finance its working capital requirements associated with its Domestic Utility Business.

  • Proceeds of each Loan shall be used by the Borrower solely for the purpose of financing its working capital requirements associated with its Domestic Utility Business.

Related to Domestic Utility Business

  • Domestic use means that portion of metered water service, electricity, electrical current, natural, artificial or propane gas, wood, coal or home heating oil, and in any city not within a county, metered or unmetered water service, which an individual occupant of a residential premises uses for nonbusiness, noncommercial or nonindustrial purposes. Utility service through a single or master meter for residential apartments or condominiums, including service for common areas and facilities and vacant units, shall be deemed to be for domestic use. Each seller shall establish and maintain a system whereby individual purchases are determined as exempt or nonexempt;

  • Domestic organization means an organization created under the laws of this state.

  • Domestic winery means a place where wines are manufactured

  • Domestic sewage means sewage that consists of water and human excretions or other waterborne wastes incidental to the occupancy of a residential building or a non-residential building but not including manufacturing process water, cooling water, wastewater from water softening equipment, commercial laundry wastewater, blowdown from heating or cooling equipment, water from cellar or floor drains or surface water from roofs, paved surfaces or yard drains.

  • Qualified business and “Small Business Concern” means a business as set forth in Health and Safety Code Section 44559.1 subdivision (i) and (m), that is not dominant in its field of operation, and that together with affiliates, has 500 or fewer employees.