Common use of Scope of Business Clause in Contracts

Scope of Business. The Borrower shall, and shall cause each Significant Subsidiary to, engage only in energy-related businesses, functionally related businesses (as interpreted under PUHCA) or such other businesses as may be permitted pursuant to an order issued by the SEC pursuant to PUHCA.

Appears in 4 contracts

Samples: Credit Agreement (Xcel Energy Inc), Credit Agreement (Xcel Energy Inc), Credit Agreement (Xcel Energy Inc)

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Scope of Business. The Borrower shall, and shall cause each Significant Subsidiary to, engage only in energy-related businesses, functionally related businesses (as interpreted under PUHCA) or such other businesses as may be permitted pursuant to an order issued by the SEC Securities and Exchange Commission pursuant to PUHCA.

Appears in 2 contracts

Samples: Credit Agreement (Xcel Energy Inc), Day Credit Agreement (Xcel Energy Inc)

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