Common use of Utility Laws Clause in Contracts

Utility Laws. No Lender will, solely as a result of the transactions contemplated in this Agreement, become subject to or not exempt from regulation as a “public utility” under Section 201(e) of the FPA, an “electric utility company,” a “public utility company” or a “holding company” under Section 1262(5), 1262(14) or 1262(8), respectively, of the Energy Policy Act of 2005, a “public utility” or an “electrical corporation” under Section 216 or 218, respectively, of the California Public Utilities Code, or a “public service company”, an “electric distribution company” or an “electric company” as such terms are defined, respectively, in Section 16-1 of the Connecticut General Statutes as amended by Connecticut Public Act 13-298, or a “utility” as defined in Section 16-234 of the Connecticut General Statutes, as amended by Connecticut Public Act 13-298, except a Lender may become subject to such regulation upon the exercise of remedies under the Credit Documents.