0000065984-01-500029 Sample Contracts

AutoNDA by SimpleDocs
EXHIBIT B-1(a) [Form of Money Pool Note to be used by Money Pool Borrowers other than System Energy Resources, Inc.]
Entergy Corp /De/ • June 1st, 2001 • Electric services

ON DEMAND, for value received, the undersigned, _____________ (the "Borrower"), promises to pay to the order of Entergy Services, Inc., as agent (the "Agent") for the participating companies (each, a "Participant", and collectively, the "Participants") in the Entergy System Money Pool ("Money Pool"), at the office of Hibernia National Bank, 313 Carondelet Street, New Orleans, Louisiana (the "Bank"), in lawful money of the United States of America, the principal amount of __________________________ Dollars ($__,000,000) or, if less than such principal amount, the aggregate unpaid principal amount of all loans outstanding, or any portion of such loans as determined by the Agent, made by the Participants to the Borrower through the Money Pool pursuant to the authorization in effect from time to time of the Securities and Exchange Commission under the Public Utility Holding Company Act of 1935, as amended. The Borrower further promises to pay interest on the principal amount of this Note,

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