Utility Control definition

Utility Control means the power to direct or cause the direction of the management and policies of a Yield Public Utility and shall be deemed to exist if a person and its PUHCA Affiliates directly and/or indirectly own, control and/or hold with power to vote 10% or more of the outstanding voting securities of such Yield Public Utility. The percentage of voting securities of a Yield Public Utility directly and/or indirectly owned, controlled and/or held with power to vote by a person and its PUHCA Affiliates shall be equal to the sum of: (i) the number of shares of Class A Common Stock and Class C Common Stock owned, controlled and/or held with power to vote by such person and its PUHCA Affiliates divided by the total number of shares of Class A Common Stock, Class B Common Stock, Class C Common Stock and Class D Common Stock then outstanding multiplied by the percentage interest in the Yield Public Utility directly and/or indirectly owned, controlled and/or held with power to vote by the Corporation, plus (ii) the aggregate percentage of outstanding NRG voting securities owned, controlled or held with power to vote by such person and its PUHCA Affiliates multiplied by the number of shares of Class A Common Stock, Class B Common Stock, Class C Common Stock and Class D Common Stock owned, controlled and/or held with power to vote by NRG divided by the total number of voting shares of NRG then outstanding multiplied by the percentage interest in the Yield Public Utility directly or indirectly owned, controlled and/or held with power to vote by NRG (including, but not limited to, those held through its voting interests in the Corporation), plus (iii) the percentage of the Yield Public Utility’s outstanding voting securities owned, controlled and/or held with power to vote by such person and its PUHCA Affiliates other than through ownership interests in the Corporation or NRG. The calculation is expressed in the following formula:[(ACP / ATotal + BTotal + CTotal + DTotal) * YPUY] + [(NRGP / NRGTotal) * YPUNRG] + YPUPWHERE:ACP = the number of shares of Class A Common Stock and Class C Common Stock owned, controlled and/or held with power to vote by such person and its PUHCA Affiliates.ATotal = the total number of shares of Class A Common Stock outstanding.BTotal = the total number of shares of Class B Common Stock outstanding.CTotal = the total number of shares of Class C Common Stock outstanding.DTotal = the total number of shares of Class D Common Stock outstanding.NRGP = the...
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Utility Control means the power to direct or cause the direction of the management and policies of the Corporation and shall be deemed to exist if a person and its FERC Affiliates in the aggregate directly and/or indirectly own, control and/or hold with power to vote shares of Common Stock representing 10% or more of the outstanding voting power of the Corporation. The calculation of the outstanding voting power of the Corporation held by a person is expressed in the following formula: Outstanding Voting Power of a Person in the Corporation = (AP + (Bp * 10) + B1p) / (ATotal + (BTotal * 10) + B1Total) WHERE: AP = the number of shares of Class A Common Stock owned, controlled and/or held with power to vote by such person and its FERC Affiliates. BP = the number of shares of Class B Common Stock owned, controlled and/or held with power to vote by such person and its FERC Affiliates. B1P = the number of shares of Class B1 Common Stock owned, controlled and/or held with power to vote by such person and its FERC Affiliates. ATotal = the total number of shares of Class A Common Stock outstanding. BTotal = the total number of shares of Class B Common Stock outstanding. B1Total = the total number of shares of Class B1 Common Stock outstanding.
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Utility Control means the power to direct or cause the direction of the management and policies of the Corporation and shall be deemed to exist if a person and its FERC Affiliates in the aggregate directly and/or indirectly own, control and/or hold with power to vote shares of Common Stock representing 10% or more of the outstanding voting power of the Corporation. The calculation of the outstanding voting power of the Corporation held by a person is expressed in the following formula:
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Examples of Utility Control in a sentence

  • If Comcast is unable to resolve Customer’s problem, Customer may contact the Connecticut Department of Utility Control at 0-000-000-0000 (toll free within Connecticut) or 0-000-000-0000 (outside Connecticut) or TDD 0-000-000-0000.

  • Notification of the State of Water Use Restriction shall also be provided to the Connecticut Department of Public Health, Department of Public Utility Control, and Department of Environmental Protection at the same time that notification is given.

  • Connecticut Department of Public Utility Control, Docket No. 10-12-02.

  • Connecticut Department of Public Utility Control, Docket No. 10-02-13.

  • Shift ScheduleThe shift schedules combined must provide full 24-hour, seven (7) days per week coverage for the Utility Control Center and Water Quality Control Plan.

  • The groups are Search, Rescue, Hazardous Materials Response, Damage and Utility Control, Structural Assessment, Emergency Communications, Medical, Logistics, Technical Support, and Emergency Operations Center as well as the Emergency Communications Facility.

  • See, for example, Federal Communications Commission, Report and Order, Petition of the Connecticut Department Public Utility Control to Retain Regulatory Control of the Rates of Wholesale Cellular Service Provid- ers in the State of Connecticut, PR Docket 94-106, May 19, 1995.

  • Capital ProjectsTransportation $ 718Special RevenueConsumer Counsel & Public Utility Control $ 266Insurance$ 1,782Regional Market$ 90 Enterprise Bradley Parking Garage $ 13,589 The Transportation deficit will be eliminated in the future by the sale of bonds.

  • North Dakota Workers Compensation Bureau1998 ND 158, 583 N.W.2d 621 23, 25 Haggard v.Meier368 N.W.2d 539 (N.D. 1985) 30 Haider v.

  • The Consumer Counsel and Public Utility Control, Insurance and Regional Market funds deficit were because of additional expenditures this fiscal year and lower revenue collections.


More Definitions of Utility Control

Utility Control means the power to direct or cause the direction of the management and policies of a Yield Public Utility and shall be deemed to exist if a person and its PUHCA Affiliates directly and/or indirectly own, control and/or hold with power to vote 10% or more of the outstanding voting securities of such Yield Public Utility. The percentage of voting securities of a Yield Public Utility directly and/or indirectly owned, controlled and/or held with power to vote by a person and its PUHCA Affiliates shall be equal to the sum of: (i) the number of shares of Class A Common Stock and one one-hundredth (1/100th) of the number of shares of Class C Common Stock owned, controlled and/or held with power to vote by such person and its PUHCA Affiliates divided by the total number of shares of Class A Common Stock and Class B Common Stock then outstanding plus one one-hundredth (1/100th) of the total number of shares of Class C Common Stock and Class D Common Stock then outstanding multiplied by the percentage interest in the Yield Public Utility directly and/or indirectly owned, controlled and/or held with power
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Related to Utility Control

  • Utility vehicle means a motor vehicle that is (i) designed for off-road use, (ii) powered by an

  • Utility system means a water system, solid waste

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Regulated motor vehicle surface means any of the following, alone or in combination:

  • 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.