Controlled Companies. None of the Credit Parties is an "investment company" within the meaning of the Investment Company Act of 1940, as amended, nor is any Credit Party subject to regulation under the Public Utility Holding Act of 1935, the Federal Power Act, or any other law or regulation which relates to the incurring of debt, including, but not limited to, laws and regulations regulating common or contract carriers or the sale of electricity, gas, steam, water or other public utility services.
Appears in 3 contracts
Sources: Credit Agreement (Colonial Properties Trust), Credit Agreement (Monarch Properties Inc), Credit Agreement (Colonial Realty Limited Partnership)