Public Utility. No Group Company is, and as a result of the consummation of the Transactions, neither the Purchaser nor any Group Company would be, regulated as a “public utility”, “public service company” or similar designation, or as a “holding company” or “affiliate” thereof, under applicable Laws by any Governmental Authority.
Appears in 2 contracts
Sources: Unit Purchase Agreement (Applied Digital Corp.), Unit Purchase Agreement (Applied Digital Corp.)