Common use of Statutory Regulation Clause in Contracts

Statutory Regulation. Neither Housecall nor any of its Subsidiaries is an investment company within the meaning of the Investment Company Act of 1940, as amended, or is, directly or indirectly, controlled by or acting on behalf of any person which is an investment company, within the meaning of said Act. Neither Housecall nor any of its Subsidiaries is subject to any state law or regulation regulating public utilities or similar entities, or is, within the meaning of the Public Utility Holding Company Act of 1935, as amended, (a) a holding company; (b) a subsidiary or affiliate of a holding company; or (c) a public utility. Neither Housecall nor any of its Subsidiaries is subject to regulation under the Interstate Commerce Act or the Federal Power Act or under any other federal or state statute or regulation limiting or placing conditions upon their respective power or right to borrow money.

Statutory Regulation. Neither Housecall nor any of its Subsidiaries is an investment company within the meaning of the Investment Company Act of 1940, as amended, or is, directly or indirectly, controlled by or acting on behalf of any person which is an investment company, within the meaning of said Act. Neither Housecall nor any of its Subsidiaries is subject to any state law or regulation regulating public utilities or similar entities, or is, within the meaning of the Public Utility Holding Company Act of 1935, as amended, (a) a holding company; (b) a subsidiary or affiliate of a holding company; or (c) a 64 public utility. Neither Housecall nor any of its Subsidiaries is subject to regulation under the Interstate Commerce Act or the Federal Power Act or under any other federal or state statute or regulation limiting or placing conditions upon their respective power or right to borrow money.