Utility Control definition

Utility Control means the power to direct or cause the direction of the management and policies of a Yield Public Utility and shall be deemed to exist if a person and its PUHCA Affiliates directly and/or indirectly own, control and/or hold with power to vote 10% or more of the outstanding voting securities of such Yield Public Utility. The percentage of voting securities of a Yield Public Utility directly and/or indirectly owned, controlled and/or held with power to vote by a person and its PUHCA Affiliates shall be equal to the sum of: (i) the number of shares of Class A Common Stock and Class C Common Stock owned, controlled and/or held with power to vote by such person and its PUHCA Affiliates divided by the total number of shares of Class A Common Stock, Class B Common Stock, Class C Common Stock and Class D Common Stock then outstanding multiplied by the percentage interest in the Yield Public Utility directly and/or indirectly owned, controlled and/or held with power to vote by the Corporation, plus (ii) the aggregate percentage of outstanding NRG voting securities owned, controlled or held with power to vote by such person and its PUHCA Affiliates multiplied by the number of shares of Class A Common Stock, Class B Common Stock, Class C Common Stock and Class D Common Stock owned, controlled and/or held with power to vote by NRG divided by the total number of voting shares of NRG then outstanding multiplied by the percentage interest in the Yield Public Utility directly or indirectly owned, controlled and/or held with power to vote by NRG (including, but not limited to, those held through its voting interests in the Corporation), plus (iii) the percentage of the Yield Public Utility’s outstanding voting securities owned, controlled and/or held with power to vote by such person and its PUHCA Affiliates other than through ownership interests in the Corporation or NRG. The calculation is expressed in the following formula:
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Utility Control means the power to direct or cause the direction of the management and policies of the Corporation and shall be deemed to exist if a person and its FERC Affiliates in the aggregate directly and/or indirectly own, control and/or hold with power to vote shares of Common Stock representing 10% or more of the outstanding voting power of the Corporation. The calculation of the outstanding voting power of the Corporation held by a person is expressed in the following formula:
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Utility Control means the power to direct or cause the direction of the management and policies of a Yield Public Utility and shall be deemed to exist if a person and its PUHCA Affiliates directly and/or indirectly own, control and/or hold with power to vote 10% or more of the outstanding voting securities of such Yield Public Utility. The percentage of voting securities of a Yield Public Utility directly and/or indirectly owned, controlled and/or held with power to vote by a person and its PUHCA Affiliates shall be equal to the sum of: (i) the number of shares of Class A Common Stock and one one-hundredth (1/100th) of the number of shares of Class C Common Stock owned, controlled and/or held with power to vote by such person and its
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Examples of Utility Control in a sentence

  • If Comcast is unable to resolve Customer’s problem, Customer may contact the Connecticut Department of Utility Control at ▇-▇▇▇-▇▇▇-▇▇▇▇ (toll free within Connecticut) or ▇-▇▇▇-▇▇▇-▇▇▇▇ (outside Connecticut) or TDD ▇-▇▇▇-▇▇▇-▇▇▇▇.

  • The United Illuminating Company (“UI); State of Connecticut, Department of Public Utility Control (“DPUC”).

  • From and after the Closing Date, if the Buyer decides to effect a permanent or long-term shut-down or substantial reduction in existing generation capacity of the Norwalk Harbor or Cos Cob facilities, the Buyer shall give twenty-four months prior written notice of such decision to the Seller, to the Connecticut Department of Public Utility Control, and to the ISO.

  • Unless otherwise provided elsewhere in this Agreement, Licensee shall pay all rates and charges, as specified in the Agreement and/or in a schedule currently filed with the Division of Public Utility Control, within thirty (30) days from the dates of billing thereof.

  • The shift schedules combined must provide full 24-hour, seven (7) days per week coverage for the Utility Control Center and Water Quality Control Plan.

  • In addition to approvals required from the PUC, the following State approvals will also be required: Approval will be required by the Connecticut Department of Public Utility Control under Conn.

  • No consent, approval or authorization of, notice to, or registration, filing or declaration with, or other action by, any Governmental Authority is required for the valid execution, delivery or performance by the Company of this Agreement or the Notes, except for the Connecticut Department of Public Utility Control, whose final approval shall have been obtained on or before the date of the Closing.

  • The Department of Public Utility Control (the “Department”) opened a rate proceeding referred to as Docket No. 06-07-08 in order to review the request.

  • Approvals under the Solid Waste Utility Control Act and the Solid Waste Management Act to consummate the transactions and all transfers contemplated by this Agreement shall have been obtained.

  • It is understood by the parties that this Agreement is subject to approval by all agencies and regulatory bodies of the State of Connecticut which have jurisdiction with respect hereto, including without limitation the Department of Public Utility Control, the Department of Health Services and the Department of Environmental Protection, and is also subject to the approval of the Representative Policy Board of the AUTHORITY.


More Definitions of Utility Control

Utility Control means the power to direct or cause the direction of the management and policies of the Corporation and shall be deemed to exist if a person and its FERC Affiliates in the aggregate directly and/or indirectly own, control and/or hold with power to vote shares of
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