Regco definition

Regco means the corporation that will be organized by REI and, by means of a merger of a wholly owned subsidiary of Regco with and into REI, that will become a holding company for REI's regulated businesses, as described in Article VI of the Master Separation Agreement; provided, however, that if any provision of this Agreement referring to Regco applies at a time when Regco has not become such a holding company, references to Regco in such provision shall be deemed to refer to REI or the ultimate parent entity of REI, as the case may be.

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Regco means NZX Regulation Limited or its predecessors, successors or assigns, and as the context permits includes any duly authorised delegate of RegCo;

Regco means the newly created utility holding company owning, through its Subsidiaries, certain of the currently regulated utility businesses currently owned by Reliant Energy, together with its successors and assigns permitted by the definition of Restructuring.

Examples of Regco in a sentence

• In connection with the transactions occurring on the Restructuring Date, REI covenants and agrees to cause Regco to expressly assume the obligations under this Agreement required to be performed by REI and by Regco.

• From and after the Genco Public Ownership Date until the Option Closing Date or, if the Option is not exercised, the Option Expiration Date, Regco shall comply with the provisions applicable to it contained in Article VIII and shall exercise its rights as a stockholder of Genco and otherwise use its best efforts to enable and cause Genco to comply with the provisions applicable to it contained in Article VIII.

• Regco and Resources will prepare, and Resources will, to the extent required under applicable law, file with the Commission any such documentation which Regco and Resources determine is necessary or desirable to effectuate the Distribution, and Regco and Resources shall each use its reasonable commercial efforts to obtain all necessary approvals from the Commission with respect thereto as soon as practicable.

• Regco shall provide an estimate of such amounts owed by and to Genco and reasonably available supporting detail within two business days following any request by Resources during the Option Period or during the ten business days prior thereto, and within one business day after the giving of the notice of exercise pursuant to Section 3.

• Thereafter, Regco shall use reasonable efforts (including voting its shares of Genco Common Stock) to ensure that the Board of Directors of Genco includes at least three Independent Directors at all times prior to the Option Closing Date or, if the Option is not exercised, the Option Expiration Date.

• On or prior to the Genco Public Ownership Date, Regco shall establish commercially reasonable terms and conditions (which shall be determined by Regco on the basis of its judgment as to the terms Genco could obtain from an unaffiliated lender) under which it will lend funds to Genco from time to time upon the request of Genco on or prior to the earlier of the Option Closing Date and the Option Expiration Date.

• The date on which such contribution and assumption occurs is referred to herein as the "Genco Organization Date." On the Genco Organization Date, all of the outstanding partnership interests in Genc▇ ▇▇ ▇▇▇ll be indirectly owned by Regco.

• Resources may exercise the Option by giving written notice thereof to Regco during the Option Period.

• Subject only to the satisfaction of such conditions, Regco will cause a Genco Public Ownership Event to occur on or prior to June 30, 2002.

• No other events or developments shall have occurred subsequent to the IPO Closing Date that, in the judgment of the Board of Directors of Regco, would result in the Distribution having a material adverse effect on Regco or on the shareholders of Regco.

More Definitions of Regco

Regco has the meaning set forth in the Recitals to this Agreement and is the Legal Entity referred to as Regco in the Master Separation Agreement.

Regco means Center Point Energy, Inc., the holding company which is expected to become the publicly traded holding company (direct or indirect) of REI as part of the overall restructuring described in REI's December 31, 2000 SEC Form 10-K.

Regco means Reliant Energy Regco, Inc. or another wholly owned subsidiary of REI which after the consummation of the Merger will be the parent company of REI's regulated businesses.

Regco means the British Columbia Registrar of Companies;