Honeywell 2003 Annual Report Download - page 290
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6. The Designated Subsidiary is not, and immediately after the
application by the Designated Subsidiary of the proceeds of each Advance
will not be, (a) an "investment company" within the meaning of the
Investment Company Act of 1940, as amended, or (b) a "holding company"
within the meaning of the Public Utility Holding Company Act of 1935, as
amended.
Very truly yours,
HONEYWELL INTERNATIONAL INC.
By
-------------------------------------
Name:
Title:
[THE DESIGNATED SUBSIDIARY]
By
-------------------------------------
Name:
Title:
3