PSC Approval means an order issued by the Delaware PSC approving the terms of this Service Classification without modification and authorizing Company to recover all of its Costs incurred hereunder, which order shall be in form and substance reasonably acceptable to Company.
PSC Approval means approval by the PSC of this Agreement in its entirety and without material condition or limitation.
PSC Approval means an order issued by the DCPSC approving the terms of this Agreement without modification and authorizing Buyer to recover all of its costs incurred hereunder, which order shall be in form and substance reasonably acceptable to Buyer.
Examples of PSC Approval in a sentence
Buyer shall use its best efforts to obtain the necessary approvals (including the PSC Approval) to permit Closing to occur on or prior to the Outside Date.
More Definitions of PSC Approval
PSC Approval means the approval of the PSC, pursuant to the laws and rules applicable to such transactions, of a transfer of ownership of the Company’s franchise, works or system.
PSC Approval means approval by the PSC of this Agreement in its entirety and without material condition or limitation. Qualifying Curtailment. A Reliability Curtailment or any NYISO directive or action that (i) Seller is unable to avoid or mitigate in whole or in part through Good Utility Practice or commercially reasonable efforts and (ii) partially or completely prevents the Associated New Transmission Facility from dispatching from the Withdrawal Point to the Delivery Point.
PSC Approval means the final and non-appealable approval of the PSC (either because the statutorily-prescribed deadline for seeking rehearing or appeal of such order has passed and no rehearing or appeal has been sought, or any such rehearing or appeal has been disposed of), pursuant to the laws and rules applicable to such transactions, of a change of control of the Company with respect to (i) the legal, technical, managerial, and financial qualifications of the Buyer and (ii) the ability of the Buyer to provide safe, adequate, and reliable service to the public through the Company’s plant, equipment and manner of operation.
PSC Approval means approval by the PSC of this Agreement in its entirety and without material condition or limitation. Qualified Renewable Energy: Electric energy from (i) a generation facility that has first achieved Commercial Operation after October 15, 2020 and that produces electricity from solar energy, onshore wind energy, geothermal energy, tidal energy, wave energy, ocean thermal energy, and/or fuel cells that do not utilize a fossil fuel resource in the process of generating electricity; and (ii) hydroelectric energy that does not Utilize a New Impoundment. Qualifying Federal Support: Any direct federal financial support, including but not limited to tax credits or grants, that (i) is generally available to newly constructed electric transmission facilities that meet specified criteria, and (ii) arises from an act of the U.S. Congress after May 12, 2021. Qualifying Federal Support shall not include federal loans, federal loan guarantees, or federal research and development grants that are awarded competitively based on the use of advanced technology.
PSC Approval means a final, non-appealable order from each PSC approving the transactions contemplated by this Agreement.
PSC Approval means (a) a written order of the New York State Public Service Commission ("PSC") approving this L&O Agreement without any modification to this L&O Agreement, in which case the date of such PSC Approval shall be the date of such written order or (b) a written order of the PSC approving this L&O Agreement with any modification(s) to this L&O Agreement; provided that each party, in its respective sole discretion which is not to be judged by any standard of reasonableness or any similar standard, agrees to accept each such modification to this L&O Agreement in a signed writing between the parties that is entered into no later than the earlier of (y) sixty (60) days after the date of such order or (z) within such time as such order requires Con Edison to agree to such modification(s), in which case the Confidential [***] Confidential treatment has been requested with respect to material omitted on this page. The omitted portions have been filed separately with the Securities and Exchange Commission. 3 date of such PSC Approval shall be the date of such agreement of the parties to accept such modification(s).
PSC Approval means the issuance by the New York Public Service Commission of either (a) a ruling disclaiming jurisdiction to review the transactions contemplated by this Agreement under section 70 of the State of New York’s Public Service Law (“PSL”) and confirming lightened regulation under the PSL or (b) an order approving the transaction under PSL section 70 and confirming lightened regulation under PSL section 70.