ICA definition
Examples of ICA in a sentence
Each Target Company Group Member listed on Schedule 4.23 (the “Regulated Entity”) is subject to regulation by FERC as a common carrier under the ICA and, except as would not, individually or in the aggregate, reasonably be expected to be material to the Target Company Group or the Business, during the past three (3) years has been in compliance with all rules and regulations issued by the ICA related to the Assets or the Business.
Except as set forth on Schedule 4.23, there are no ongoing regulatory or administrative proceedings pending, or to Seller’s Knowledge, threatened in writing, regarding compliance by the Regulated Entity with the ICA, any FERC order issued under the ICA, or any of their respective tariffs, except as would not, individually or in the aggregate, reasonably be expected to be material to the Target Company Group or the Business.
To the Seller’s Knowledge, the Regulated Entity has on file with FERC all tariffs necessary to comply with, and consistent with, their obligations under the ICA and any FERC order issued under the ICA.
This ICA may be executed in any number of identical counterparts, each of which is considered an original, but together are one agreement.
This ICA is to be executed by electronic signature only, and shall have the same force and effect as if signed by original signature.