Transmitting Utility Sample Clauses
The "Transmitting Utility" clause defines an entity whose primary function is the transmission of goods, services, or energy, such as electricity, gas, or water, from one location to another. In practice, this clause typically applies to companies or organizations that operate infrastructure like power lines, pipelines, or communication networks. Its core function is to clarify the legal status and obligations of such entities within the context of the agreement, ensuring that their unique operational needs and regulatory requirements are properly addressed.
Transmitting Utility. Except as identified to the Administrative Agent in writing, each of the Borrower and the Restricted Subsidiaries is a “transmitting utility” as defined in Section 9-102(a)(80) of the New York Uniform Commercial Code.
Transmitting Utility. Neither B▇▇▇▇▇▇ Exploration nor any of its Subsidiaries is a “transmitting utility” or an “interstate gas pipeline company” or a “public service corporation” within the meaning of the laws currently in effect for the States of Texas and/or Oklahoma.
Transmitting Utility. Each of the Pledgors listed on Schedule 4.10 is a person primarily engaged in the business of transmitting communications electrically, electromagnetically or by light on the date hereof.
Transmitting Utility. Attached hereto as Schedule 14 is a list of all Companies that are transmitting utilities.
Transmitting Utility. Working Interest Owner is not a "transmitting utility" as defined in Section 9.102(a)(81) of the Uniform Commercial Code presently in effect in the State of Texas.
Transmitting Utility. ARTICLE V AFFIRMATIVE COVENANTS Section 5.01 Compliance with Laws, Etc Section 5.02 Maintenance of Insurance Section 5.03 Preservation of Corporate Existence, Etc
Transmitting Utility. None of the Debtors is a Transmitting Utility.
Transmitting Utility. Attached hereto as Schedule 13 is a true and correct list of each Grantor that is a Transmitting Utility within the meaning of Section 9-102(a) of the New York Uniform Commercial Code.
Transmitting Utility. The North Carolina Guarantor is not a “transmitting utility” as defined in Section 9-102 of the North Carolina UCC. Based on and subject to the foregoing and the exclusions, qualifications, limitations and other assumptions set forth in this opinion letter, we are of the opinion that:
Transmitting Utility. No Grantor is a “transmitting utility” (as defined in Section 9-102(a)(80) of the UCC).