Common use of Regulated Entity Clause in Contracts

Regulated Entity. Neither such Guarantor nor any Person controlling such Guarantor is: (a) an "investment company" within the meaning of the Investment Company Act of 1940; or (b) subject to regulation by any federal or state statute or regulation limiting such Guarantor's ability to incur such Guarantor's obligations hereunder.

Appears in 4 contracts

Sources: Credit Agreement (Granite Construction Inc), Credit Agreement (Granite Construction Inc), Continuing Guaranty Agreement (Granite Construction Inc)

Regulated Entity. Neither such Guarantor nor any Person controlling such Guarantor is: (a) an "investment company" within the meaning of the Investment Company Act of 1940; or (b) subject to regulation by any federal or state statute or regulation limiting such Guarantor's ’s ability to incur such Guarantor's ’s obligations hereunder.

Appears in 4 contracts

Sources: Credit Agreement (Arthrocare Corp), Credit Agreement (Arthrocare Corp), Credit Agreement (Arthrocare Corp)

Regulated Entity. Neither such any Guarantor nor any Person controlling such any Guarantor is: is (ai) an "investment company" within the meaning of the Investment Company Act of 1940; or (bii) subject to regulation by under any federal or state statute or regulation limiting such any Guarantor's ability to incur such Guarantor's its obligations hereunder.

Appears in 1 contract

Sources: Credit Agreement (American Health Properties Inc)