Money Pool means a pool of funds administered by ESI, as agent for the Participants, consisting solely of available cash from the treasuries of the Participants, which will be loaned on a short-term basis to one or more of the Participants or otherwise invested by ESI, as agent, in the Money Pool Portfolio in the manner described in Section 2.08 hereof.
Money Pool means an inter-company lending arrangement whereby depository, surplus cash funds are loaned or borrowed by an electric or gas public utility or other utility within the public utility holding company system to meet short-term (under 365 days) operating cash requirements.
Money Pool has the meaning set forth in Section 5.01(i).
Examples of Money Pool in a sentence
An Investor’s claim shall be against the Client Money pool in general.
Legal description: Lot 6 in Block 13 of First Addition to Bly according to the official plat thereof on file in the office of the County Clerk of Klamath County, Oregon.
In respect of Client Money, the Administrators issued a number of notices to Clients with remaining entitlements, informing them of the closure of the Client Money pool.
Money pool and external borrowings may not exceed SEC authorized limits.
Money pool agreements are established to coordinate and provide for the short-term cash requirements of the participating parties.
More Definitions of Money Pool
Money Pool. ’ means a financial arrangement established by a parent com- pany or holding company of a regulated utility, including a gas company, and administered by such parent company or a centralized service company affiliate, to
Money Pool means those financial arrangements authorized among the Company and certain of its Restricted Subsidiaries authorizing inter-company based loans pursuant to the authorization of and restrictions of the SEC.
Money Pool means a financial arrangement established by a parent company or holding company of a regulated utility, including a gas company, and administered by such
Money Pool means a financial arrangement established by a parent company or holding company of a regulated utility, including a gas company, and administered by such parent company or a centralized service company affiliate, to (A) establish a general purpose fund into which a member thereof may lend or borrow funds through the money pool on a short-term basis to or from affiliates, and/or (B) facilitate favorable interest rates for short- term borrowings or lending by affiliates who are members of the money pool;
Money Pool means the agreement or arrangement established by the ---------- Energy Group in accordance with the Securities and Exchange Commission's order dated December 12, 2000, for the intrasystem lending of funds among the members of the Energy Group.
Money Pool the New England Electric System Money Pool.
Money Pool shall have the meaning provided in the Texas Genco Money Pool Agreement, dated as of October 22, 2003, among CenterPoint Energy and certain of its direct and indirect subsidiaries, as in effect on the Effective Date, as may be amended from time to time.