Common use of Rate Base Clause in Contracts

Rate Base. Neither the Company nor any of its Subsidiaries has --------- any material amount of inventory, plant or equipment that has been disallowed from rate base or excluded from the revenue calculations for any pool, and neither the Company nor any of its Subsidiaries has received notification that the FCC or any state regulatory authority or pool administrator proposes to exclude any material assets from rate base or revenue calculations for the pools.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (MJD Communications Inc), Agreement and Plan of Merger (MJD Communications Inc), Agreement and Plan of Merger (MJD Communications Inc)

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Rate Base. Neither Except as provided in SCHEDULE 2.8, neither the --------- Company nor any of its Subsidiaries has --------- any material amount of inventory, plant or equipment that has been disallowed from rate base or excluded from the revenue calculations for any pool, and neither the Company nor any of its Subsidiaries has received notification that the FCC or any state regulatory authority or pool administrator proposes to exclude any material assets from rate base or revenue calculations for the pools.

Appears in 1 contract

Samples: Agreement and Plan of Merger (MJD Communications Inc)

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