Common use of Utility Regulation Clause in Contracts

Utility Regulation. Guarantor is not subject to ------------------ regulation by any Governmental Authority under PUHCA as a "public utility company" or an "affiliate," or "subsidiary company" of a "registered holding company" or a company subject to registration under PUHCA.

Utility Regulation. The Guarantor is not subject to ------------------ regulation by any Governmental Authority the United States Securities and Exchange Commission under PUHCA as a "holding company," a "public utility company" or an "affiliate," or a "subsidiary company" of a "registered holding company" or a company subject to registration under PUHCA."