Regulatory Liabilities means, to the extent related to the Business, liabilities to refund or credit amounts to customers through rates and charges in future periods (together with any interest or return thereon), that result specifically from ratemaking action by the MPSC, whether pursuant to a decrease or offset to rate base for ratemaking purposes or pursuant to a recovery or credit mechanism that has been specifically authorized or approved by the MPSC.
Regulatory Liabilities. — means, to the extent related to the Business, liabilities to refund or credit amounts to customers through rates and charges in future periods (together with any interest or return thereon), that result specifically from ratemaking action by the MPSC, whether pursuant to a decrease or offset to rate base for ratemaking purposes or pursuant to a recovery or credit mechanism that has been specifically authorized or approved by the MPSC.
Regulatory Liabilities means the Value as of the Effective Time of the FERC Accounts related to liabilities to refund or credit amounts to customers through rates and charges in future periods (together with any interest or return thereon), that result specifically from ratemaking action by the Applicable Commission (whether pursuant to a decrease or offset to rate base for ratemaking purposes or pursuant to an authorized recovery or credit mechanism), that are included in the Assumed Obligations as of the Effective Time or are imposed on Buyer by any Applicable Commission for rate purposes in connection with the approval of the transaction (and excluding any amounts included in the Closing Net PPE Amount); provided, however, that without limiting the rights of Buyer under the Agreement with regard to any Burdensome Condition, the Parties agree that in the event of any rate base decrease or offset assumed by or imposed on Buyer in respect of or in substitution for accumulated deferred income taxes (“ADIT”) of Seller, the amount of such rate base decrease or offset in respect of ADIT shall not constitute a Regulatory Liability for purposes of the foregoing and shall not otherwise affect the calculation of the Adjustment Amount or the Purchase Price.
Examples of Regulatory Liabilities in a sentence
Without limiting the generality of the foregoing, the Borrower will comply, and will cause each other Loan Party to comply, with all applicable Health Care Laws and Public Health Laws relating to the operation of such Person’s business, except where non-compliance is not reasonably likely to result in, individually or in the aggregate, Material Regulatory Liabilities.
More Definitions of Regulatory Liabilities
Regulatory Liabilities means the Value as of the Effective Time of the FERC Accounts related to liabilities to refund or credit amounts to customers through rates and charges in future periods (together with any interest or return thereon), that result specifically from ratemaking action by the Applicable Commission (whether pursuant to a decrease or offset to rate base for ratemaking purposes or pursuant to an authorized recovery or credit mechanism), that are included in Assumed Obligations as of the Effective Time or are imposed on Buyer by any Applicable Commission for rate purposes in connection with the approval of the transaction (and excluding any amounts included in the Closing Net PPE Amount).
Regulatory Liabilities means those liabilities set forth on SCHEDULE 1.1(a)(1).
Regulatory Liabilities means, in relation to a Fund or any part thereof, the Technical Provisions and other Liabilities of that Fund determined in accordance with Prudential Regulation;
Regulatory Liabilities to the extent related to the Business, liabilities to refund or credit amounts to customers through rates and charges in future periods (together with any interest or return thereon), that result specifically from ratemaking action by the PUC, whether pursuant to a decrease or offset to rate base for ratemaking purposes or pursuant to a recovery or credit mechanism that has been specifically authorized or approved by the PUC.
Regulatory Liabilities means the Value as of the Effective Time of the FERC Accounts related to liabilities to refund or credit amounts to customers through rates and charges in future periods (together with any interest or return thereon), that result specifically from ratemaking action by the Applicable Commission (whether pursuant to a decrease or offset to rate base for ratemaking purposes or pursuant to an authorized recovery or credit mechanism), that are included in Assumed Obligations as of the Effective Time or are imposed on Buyer by any Applicable Commission for rate purposes in connection with the approval of the transaction (and excluding any amounts included in the Closing Net PPE Amount); provided that the rate base offset required pursuant to that certain Unanimous Stipulation and Agreement in Case No. GM-2012-0037 before the Public Service Commission of the State of Missouri (the “Missouri Rate Base Offset”) shall, in no circumstance, constitute a Regulatory Liability or affect the calculation of Regulatory Liabilities. For the avoidance of doubt, notwithstanding any provision of the Agreement to the contrary, the Missouri Rate Base Offset shall not affect the calculation of the Adjustment Amount, and the Purchase Price shall not be increased, decreased or otherwise adjusted in respect of the Missouri Rate Base Offset.”
Regulatory Liabilities means Seller’s regulatory liabilities related to the VA Distribution Business in the Transferred Territory as set forth on Schedule 2.1(u).
Regulatory Liabilities means "Regulatory Liabilities" as defined under Section 3.1 (Key figures) above.