Regulated Utility Company definition

Regulated Utility Company means a corporation (or a limited liability company) engaged in the distribution of electricity, gas and/or water and which is regulated by the applicable public service commissions in all of the states that comprise its service area.
Sample 1Sample 2Sample 3
Regulated Utility Company means an entity engaged in the retail sale and distribution of electricity, which sale and distribution is subject to rate regulation by a state public utility commission.
Sample 1
Regulated Utility Company means a corporation, partnership, limited partnership, joint venture, limited liability company, limited liability partnership or other entity engaged in the transmission and distribution of water, and which is regulated by the applicable public service commissions in all of the states which comprise its service area. “Reorganization” means any reorganization of the Company or its affiliates, or any transfer of a substantial portion of the assets of the Company, in each case as a result of which any of the Company ceases to be a Regulated Utility Company. (i)
Sample 1

Examples of Regulated Utility Company in a sentence

  • The Company hereby agrees that, in the event of a Reorganization, unless otherwise consented to by Ambac, the obligations of the Company under, and in respect of, the Bond Documents and, if delivered pursuant to Section 3.01, the First Mortgage Bonds, shall be assumed by, and shall become direct and primary obligations of, a Regulated Utility Company that holds substantially all of the assets that were held by the Company prior to such Reorganization.

  • The Company hereby agrees that, in the event of a Reorganization, unless otherwise consented to by Financial Guaranty, the obligations of the Company under, and in respect of, the Bonds, the Agreement and this Insurance Agreement shall be assumed by, and shall become direct and primary obligations of, a Regulated Utility Company.

  • Announces Transformational $2.5 Billion Equity Investment Strengthens Balance Sheet and Supports Transition to Fully Regulated Utility Company Reaffirms 5% to 7% Regulated Operating EPS Growth Target through 2019 On January 22, 2018, FirstEnergy Corp.

  • The Company hereby agrees that, in the event of any Reorganization, unless otherwise consented to by XLCA, the obligations of the Company under, and in respect of, this Agreement, the Bonds, the Lease, the Sublease, the Company Indenture and the First Mortgage Bonds shall be assumed by, and shall become direct and primary obligations of, a Regulated Utility Company such that at all times the obligor is a Regulated Utility Company.

  • The Company hereby agrees that, in the event of any Reorganization, unless otherwise consented to by XLCA, the obligations of the Company under, and in respect of, this Agreement, the Bonds, the Loan Agreement, the note issued under the Company Indenture and the Related First Mortgage Bonds shall be assumed by, and shall become direct and primary obligations of, a Regulated Utility Company.

  • The Company hereby agrees that, in the event of any Reorganization, unless otherwise consented to by XLCA, the obligations of the Company under, and in respect of, this Agreement, the Bonds, the Loan Agreement, the Company Indenture and the First Mortgage Bonds shall be assumed by, and shall become direct and primary obligations of, a Regulated Utility Company.

  • The Company hereby agrees that, in the event of a Reorganization, unless otherwise consented to by Financial Guaranty, the obligations of the Company under, and in respect of, the Bonds, the Sublease, the Lease and this Agreement shall be assumed by, and shall become direct and primary obligations of, a Regulated Utility Company.

  • The Company hereby agrees that, in the event of any Reorganization, unless otherwise consented to by XLCA, the obligations of the Company under, and in respect of, this Agreement, the Bonds, the Lease, the Sublease, the Company Indenture and the First Mortgage Bonds shall be assumed by, and shall become direct and primary obligations of, a Regulated Utility Company.

  • The Company hereby agrees that, in the event of a Reorganization, unless otherwise consented to by Ambac, the obligations of the Company under, and in respect of, the Bonds, the Indenture, the Loan Agreement and this Agreement shall be assumed by, and shall become direct and primary obligations of, a Regulated Utility Company.

  • In consideration of the issuance of the Policy, the Company agrees that, so long as the Policy remains in effect or any Reimbursement Obligation remains unpaid, the obligations of the Company under, and in respect of, the Bonds and the other Transaction Documents shall remain direct and primary obligations of a Regulated Utility Company.

Related to Regulated Utility Company

  • Utility Company means a municipal corporation or commission or a company or individual operating or using communications services, water services or sewage services, or transmitting, distributing or supplying any substance or form of energy for light, heat or power; (“entreprise de services publics”)

  • Public utility holding company means: (1) any company that,

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • Water utility means a public utility as defined in

  • Electric public utility means a public utility, as that term is

  • Electric utility means a consumer-owned utility or

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • Gas public utility means a public utility, as that term is defined

  • Public utility means any business entity that owns or operates any plant, equipment, property, franchise, or license for the production, transmission, sale, delivery, or furnishing of elec- tricity, water, or steam the rates of charges for goods or services of which have been established or approved by a federal, state, or local government or governmental agency.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Foreign limited liability company means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company.

  • Electric power generator means an entity that proposes to

  • Professional limited liability company means a limited

  • Manager-managed limited liability company means a limited liability company that is managed by

  • boycott energy company means “without an ordinary business purpose, refusing to deal with, terminating business activities with, or otherwise taking any action intended to penalize, inflict economic harm on, or limit commercial relations with a company because the company (a) engages in the exploration, production, utilization, transportation, sale, or manufacturing of fossil fuel-based energy and does not commit or pledge to meet environmental standards beyond applicable federal and state law, or (b) does business with a company described by paragraph (a).” (See Tex. Gov. Code 809.001). When applicable, does Vendor certify? Yes 5 Felony Conviction Notice - Texas Education Code 44.034 9 Texas Education Code, Section 44.034, Notification of Criminal History, Subsection (a), states, "a person or business entity that enters into a contract with a school district must give advance notice to the district if the person or an owner or operator of the business entity has been convicted of a felony. The notice must include a general description of the conduct resulting in the conviction of a felony.” Subsection (b) states, "a school district may terminate a contract with a person or business entity if the district determines that the person or business entity failed to give notice as required by Subsection (a) or misrepresented the conduct resulting in the conviction. The district must compensate the person or business entity for services performed before the termination of the contract.” Subsection (c) states, "This section does not apply to a publicly held corporation. Vendor certifies one of the following:

  • Regulated Entity means any entity referred to in Section I of Article L.613-34 of the French Code monétaire et financier as modified by the 20 August 2015 Decree Law, which includes certain credit institutions, investment firms, and certain of their parent or holding companies established in France.

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • Security Company means an entity which provides or purports to provide the transport of Property by secure means, including, without limitation, by use of armored vehicles or guards.

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Gas company means any person distributing gas within the corporate limits or authorized and proposing to so engage.

  • Geothermal energy means energy contained in heat that continuously flows outward from the earth that is used as the sole source of energy to produce electricity.

  • Municipal electric utility means a municipal corporation that owns or operates facilities to generate, transmit, or distribute electricity.

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.