Cooperation, Notification. PSNC shall (i) confer on a regular and frequent basis with one or more representatives of SCANA to discuss, subject to applicable law, material operational matters and the general status of its ongoing operations, (ii) promptly notify SCANA of any significant changes in its business, properties, assets, condition (financial or other), results of operations or prospects, (iii) promptly advise SCANA of any change or event which has had or, insofar as reasonably can be foreseen, is reasonably likely to result in a PSNC Material Adverse Effect and (iv) promptly provide SCANA with copies of all filings made by PSNC or any of the PSNC Subsidiaries with any state or federal court, administrative agency, commission or other Governmental Authority in connection with this Agreement and the transactions contemplated hereby.
Appears in 3 contracts
Sources: Agreement and Plan of Merger (Public Service Co of North Carolina Inc), Merger Agreement (South Carolina Electric & Gas Co), Merger Agreement (Scana Corp)
Cooperation, Notification. PSNC SCANA shall (i) confer on a regular and frequent basis with one or more representatives of SCANA PSNC to discuss, subject to applicable law, material operational matters and the general status of its ongoing operations, (ii) promptly notify SCANA PSNC of any significant changes in its business, properties, assets, condition (financial or other), results of operations or prospects, (iii) promptly advise SCANA PSNC of any change or event which has had or, insofar as reasonably can be foreseen, is reasonably likely to result in a PSNC SCANA Material Adverse Effect and (iv) promptly provide SCANA PSNC with copies of all filings made by PSNC SCANA or any of the PSNC SCANA Subsidiaries with any state or federal court, administrative agency, commission or other Governmental Authority in connection with this Agreement and the transactions contemplated hereby.
Appears in 3 contracts
Sources: Agreement and Plan of Merger (Public Service Co of North Carolina Inc), Merger Agreement (South Carolina Electric & Gas Co), Merger Agreement (Scana Corp)