SEC Approval

SEC Approval. Means the approval of the SEC under PUHCA needed for Buyer to finance the purchase of the LLC Interests hereunder, including authority under Sections 6 and 7 of PUHCA for Allegheny Energy, Inc., Buyer's parent company, to issue and sell equity securities in an amount not to exceed $1,000,000,000, which approval shall be obtained by Buyer in accordance with the requirements of Section 7.9(c).