FUCO definition
Examples of FUCO in a sentence
A complete list of the Company's FUCO Projects is disclosed in Schedule 3.17(d) of the Disclosure Schedule.
In January 1997, CSW received authority from the SEC under the Holding Company Act to spend an amount up to 100% of consolidated retained earnings on EWG or FUCO investments.
As of December 31, 1997, CSW had invested an amount equal to 49% of consolidated retained earnings, as defined by rule 53 of the Holding Company Act, on EWG and FUCO investments.
As of the date of this Agreement, each person identified as a FUCO in Schedule 3.23(g) is a “foreign utility company” within the meaning of PUHCA.
For a description of certain restrictions on the ability of CSW and its subsidiaries to make capital expenditures in respect of qualifying facilities and independent power facilities and to make EWG and FUCO investments, see PROPOSED AEP MERGER.
As of the Restatement Date, each person identified as a FUCO in Schedule 3.23(g) is a “foreign utility company” within the meaning of PUHCA.
As of the First Restatement Date, each person identified as a FUCO in Schedule 3.23(g) is a “foreign utility company” within the meaning of PUHCA.
As of the Third Restatement Date, each person identified as a FUCO in Schedule 3.23(g) is a “foreign utility company” within the meaning of PUHCA.
Prior to the Closing Date, neither the Company nor any of the Sellers shall take any action which results in the loss of Qualifying Facility status under PURPA, or EWG or FUCO status under PUHCA, of any project, Subsidiary or Affiliate of the Company that holds such status as of the effective date of this Agreement.
Without further Commission authorization, none of the proceeds from the sale of the Securities will be used by the Operating Companies to acquire, directly or indirectly, an interest in an exempt wholesale generator (EWG) or foreign utility company (FUCO) as respectively defined in Sections 32 and 33 of the Act.