Common use of Form of Loans to Subsidiaries Clause in Contracts

Form of Loans to Subsidiaries. Loans to the Subsidiaries from the 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 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-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)

AutoNDA by SimpleDocs

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-3 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: Utility Money Pool Agreement (Scana Corp), Utility Money Pool Agreement (Scana Corp)

Form of Loans to Subsidiaries. Loans to the Subsidiaries from the 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-3 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)

Form of Loans to Subsidiaries. Loans to the Subsidiaries from the 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-3 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 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-3 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)

AutoNDA by SimpleDocs

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-3 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 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-3 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 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 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-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)

Time is Money Join Law Insider Premium to draft better contracts faster.