Common use of Generation Business Clause in Contracts

Generation Business. (A) Cease to own (through the Borrower or wholly-owned Subsidiaries) the business of generating electricity, or (B) reduce the net installed electric generating capacity (summer rating) of the electricity generation business owned by the Borrower and its wholly-owned Subsidiaries taken as a whole to less than 7821 Megawatts.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Peco Energy Co), Term Loan Agreement (Peco Energy Co), Revolving Credit Agreement (Peco Energy Co)

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