Common use of Rights to Borrow Clause in Contracts

Rights to Borrow. Subject to the provisions of Section 1.4(c) of this Agreement, short-term borrowing needs of the Borrowing Parties will be met by funds in the Utility Money Pool to the extent such funds are available. Each Borrowing Party shall have the right to make short-term borrowings from the Utility Money Pool from time to time, subject to the availability of funds and the limitations and conditions set forth herein and in the applicable orders of the Securities and Exchange Commission (“SEC”). Each Borrowing Party may request loans from the Utility Money Pool from time to time during the period from the date hereof until this Agreement is terminated by written agreement of the Parties; provided, however, that the aggregate amount of all loans requested by any Borrowing Party hereunder shall not exceed the applicable borrowing limits set forth in applicable orders of the SEC and other regulatory authorities, resolutions of such Borrowing Party’s Board of Directors, such Borrowing Party’s governing corporate documents, and agreements binding upon such Borrowing Party. No loans through the Utility Money Pool will be made to, and no borrowings through the Utility Money Pool will be made by, Black Hills.

Rights to Borrow. Subject to the provisions of Section 1.4(c1.04(c) of this Agreement, short-term borrowing needs of the Borrowing Parties will Subsidiaries may be met by funds in the Utility Money Pool to the extent such funds are available. Each Borrowing Party Subsidiary shall have the right to make short-term borrowings from the Utility Money Pool from time to time, subject to the availability of funds and the limitations and conditions set forth herein and in the applicable orders of the Securities and Exchange Commission (“"SEC”"). Each Borrowing Party Subsidiary may request loans from the Utility Money Pool from time to time during the period from the date hereof until this Agreement is terminated by written agreement of the Parties; provided, however, that the aggregate amount of all loans requested by any Borrowing Party hereunder shall not exceed the applicable borrowing limits set forth in applicable orders of the SEC and other regulatory authorities, resolutions of such Borrowing Party’s 's Board of Directors, such Borrowing Party’s 's governing corporate documents, and agreements binding upon such Borrowing Party. No loans through the Utility Money Pool will be made to, and no borrowings through the Utility Money Pool will be made by, Black HillsXcel Energy.

Rights to Borrow. Subject to the provisions of Section 1.4(c1.04(c) of this Agreement, short-term borrowing needs of the Borrowing Parties will Subsidiaries may be met by funds in the Utility Money Pool to the extent such funds are available. Each Borrowing Party Subsidiary shall have the right to make short-term borrowings from the Utility Money Pool from time to time, subject to the availability of funds and the limitations and conditions set forth herein and in the applicable orders of the Securities and Exchange Commission (“SEC”). Each Borrowing Party Subsidiary may request loans from the Utility Money Pool from time to time during the period from the date hereof until this Agreement is terminated by written agreement of the Parties; provided, however, that the aggregate amount of all loans requested by any Borrowing Party hereunder shall not exceed the applicable borrowing limits set forth in applicable orders of the SEC and other regulatory authorities, resolutions of such Borrowing Party’s Board of Directors, such Borrowing Party’s governing corporate documents, and agreements binding upon such Borrowing Party. No loans through the Utility Money Pool will be made to, and no borrowings through the Utility Money Pool will be made by, Black HillsXcel Energy.

Rights to Borrow. Subject to the provisions of Section 1.4(c1.04(c) of this Agreement, short-term borrowing needs of the Borrowing Parties Parties, with the exception of AGLR, will be met by funds in the Utility Money Pool to the extent such funds are available. Each Borrowing Party (other than AGLR) shall have the right to make short-term borrowings from the Utility Money Pool from time to time, subject to the availability of funds and the limitations and conditions set forth herein and in the applicable orders of the Securities and Exchange Commission (“"SEC”"). Each Borrowing Party (other than AGLR) may request loans from the Utility Money Pool from time to time during the period from the date hereof until this Agreement is terminated by written agreement of the Parties; provided, however, that the aggregate amount of all loans requested by any Borrowing Party hereunder shall not exceed the applicable borrowing limits set forth in applicable orders of the SEC and other regulatory authorities, resolutions of such Borrowing Party’s 's Board of Directors, such Borrowing Party’s 's governing corporate documents, and agreements binding upon such Borrowing Party. No loans through the Utility Money Pool will be made to, and no borrowings through the Utility Money Pool will be made by, Black HillsAGLR.