Common use of Form of Loans to Subsidiaries Clause in Contracts

Form of Loans to Subsidiaries. Loans to the Subsidiaries from the Non-Utility Money Pool shall be made as open-account advances, pursuant to the terms of this Agreement. A separate promissory note will not be required for each individual transaction. Instead, a promissory grid note evidencing the terms of the transactions shall be signed by the Parties to the transaction. Any such note shall: (a) be in substantially the form filed as Exhibit J-4 to the Form U-1 Application-Declaration in File No. 70-9533 of the Commission; (b) be dated as of the date of the initial borrowing; (c) mature on demand or on a date agreed by the Parties to the transaction, but in any event not later than one year after the date of the applicable borrowing; and (d) be repayable in whole at any time or in part from time to time, without premium or penalty.

Appears in 2 contracts

Samples: Non Utility Money Pool Agreement (Scana Corp), Non Utility Money Pool Agreement (Scana Corp)

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Form of Loans to Subsidiaries. Loans to the Subsidiaries from the Non-Utility Money Pool shall be made as open-account advances, pursuant to the terms of this Agreementagreement. A separate promissory note will not be required for each individual transaction. Instead, a promissory grid note evidencing the terms of the transactions shall be signed by the Parties to the transaction. Any such note shall: (a) be in substantially the form filed as Exhibit J-4 J-3 to the Form U-1 Application-Declaration in File No. 70-9533 of the Commission; (b) be dated as of the date of the initial borrowing; (c) mature on demand or on a date agreed by the Parties to the transaction, but in any event not later than one year after the date of the applicable borrowing; and (d) be repayable in whole at any time or in part from time to time, without premium or penalty.

Appears in 2 contracts

Samples: Utility Money Pool Agreement (Scana Corp), Utility Money Pool Agreement (Scana Corp)

Form of Loans to Subsidiaries. Loans to the Subsidiaries from the Non-Utility Money Pool shall be made as open-account advances, pursuant to the terms of this Agreementagreement. A separate promissory note will not be required for each individual transaction. Instead, a promissory grid note evidencing the terms of the transactions shall be signed by the Parties parties to the transaction. Any such note shall: (a) be in substantially the form filed as Exhibit J-4 Exhibits F and G to the Form U-1 Application-Declaration in File No. 70-9533 70-_____ of the Commission; (b) be dated as of the date of the initial borrowing; (c) mature on demand or on a date agreed by the Parties to the transaction, but in any event not later than one year after the date of the applicable borrowing; and (d) be repayable in whole at any time or in part from time to time, without premium or penalty.

Appears in 1 contract

Samples: Utility Money Pool Agreement (Interstate Energy Corp)

Form of Loans to Subsidiaries. Loans to the Subsidiaries from the Non-Utility Money Pool shall be made as open-account advances, pursuant to the terms of this Agreement. A separate promissory note will not be required for each individual transaction. Instead, a promissory grid note evidencing the terms of the transactions shall be signed by the Parties parties to the transaction. Any such note shall: (a) be in substantially the form filed as Exhibit J-4 Exhibits F and G to the Form U-1 Application-Declaration in File No. 70-9533 70-_____ of the Commission; (b) be dated as of the date of the initial borrowing; (c) mature on demand or on a date agreed by the Parties to the transaction, but in any event not later than one year after the date of the applicable borrowing; and (d) be repayable in whole at any time or in part from time to time, without premium or penalty.

Appears in 1 contract

Samples: Non Utility Money Pool Agreement (Interstate Energy Corp)

Form of Loans to Subsidiaries. Loans to the Subsidiaries from the Non-Utility Money Pool shall be made as open-account advances, pursuant to the terms of this Agreementagreement. A separate promissory note will not be required for each individual transaction. Instead, a promissory grid note evidencing the terms of the transactions shall be signed by the Parties parties to the transaction. Any such note shall: (a) be in substantially the form filed as Exhibit J-4 Exhibits F and G to the Form U-1 Application-Declaration in File No. 70-9533 9317 of the Commission; (b) be dated as of the date of the initial borrowing; (c) mature on demand or on a date agreed by the Parties to the transaction, but in any event not later than one year after the date of the applicable borrowing; and (d) be repayable in whole at any time or in part from time to time, without premium or penalty.

Appears in 1 contract

Samples: Utility Money Pool Agreement (Interstate Energy Corp)

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Form of Loans to Subsidiaries. Loans to the Subsidiaries from the Non-Utility Money Pool shall be made as open-account advances, pursuant to the terms of this Agreementagreement. A separate promissory note will not be required for each individual transaction. Instead, a promissory grid note evidencing the terms of the transactions shall be signed by the Parties to the transaction. Any such note shall: (a) be in substantially the form filed as Exhibit J-4 J-3 to the Form U-1 Application-Application- Declaration in File No. 70-9533 ________ of the Commission; (b) be dated as of the date of the initial borrowing; (c) mature on demand or on a date agreed by the Parties to the transaction, but in any event not later than one year after the date of the applicable borrowing; and (d) be repayable in whole at any time or in part from time to time, without premium or penalty.

Appears in 1 contract

Samples: Utility Money Pool Agreement (Unicom Corp)

Form of Loans to Subsidiaries. Loans to the Subsidiaries from the Non-Utility Money Pool shall be made as open-account advances, pursuant to the terms of this Agreement. A separate promissory note will not be required for each individual transaction. Instead, a promissory grid note evidencing the terms of the transactions shall be signed by the Parties to the transaction. Any such note shall: (a) be in substantially the form filed as Exhibit J-4 to the Form U-1 Application-Application- Declaration in File No. 70-9533 of the Commission; (b) be dated as of the date of the initial borrowing; (c) mature on demand or on a date agreed by the Parties to the transaction, but in any event not later than one year after the date of the applicable borrowing; and (d) be repayable in whole at any time or in part from time to time, without premium or penalty.

Appears in 1 contract

Samples: Non Utility Money Pool Agreement (Exelon Corp)

Form of Loans to Subsidiaries. Loans to the Subsidiaries from the Non-Utility Money Pool shall be made as open-account advances, pursuant to the terms of this Agreement. A separate promissory note will not be required for each individual transaction. Instead, a promissory grid note evidencing the terms of the transactions shall be signed by the Parties parties to the transaction. Any such note shall: (a) be in substantially the form filed as Exhibit J-4 Exhibits F and G to the Form U-1 Application-Declaration in File No. 70-9533 9317 of the Commission; (b) be dated as of the date of the initial borrowing; (c) mature on demand or on a date agreed by the Parties to the transaction, but in any event not later than one year after the date of the applicable borrowing; and (d) be repayable in whole at any time or in part from time to time, without premium or penalty.

Appears in 1 contract

Samples: Non Utility Money Pool Agreement (Interstate Energy Corp)

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